Appraisal services for Cambria Heights and Queens County homeowners

Here are the top seven reasons NY homeowners use Lincoln Appraisal Services:

  1. To get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
  2. Challenge property tax assessments
  3. Remove PMI to reduce their mortgage payments
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. In the case of a NY divorce, when property needs to be divided
  7. To determine the true market value of property in question to settle an estate

Do you own a house in or near Cambria Heights? Do you need help deciding the price of your real estate?
Contact Lincoln Appraisal Services.

At Lincoln Appraisal Services, we understand the individual needs of a customer seeking appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your house because you probably have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is very important as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your property will attract interested buyers. It gives you something concrete to show the buyer. An appraisal is an independent third party's opinion of your home's price -- not just you saying how much you think your home is worth. Potential buyers know that you have an emotional attachment to your home and will be more likely to give credibility to a professional appraiser's value estimation than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A fashionable way to cut costs for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your home. In most cases you can apply to the lender to have the PMI eliminated from your loan. We're qualified in helping customers just like you dismiss unneeded and unwanted PMI insurance.

Challenge property tax assessments

Lets say you live in a region that's going down -- your local tax assessor may have your home overvalued. This only means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better. When challenging your property tax assessment, getting an appraisal report from Lincoln Appraisal Services is your best weapon.

Was your HELOC recently frozen?

Your lender just might choose to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. Not only can this be inconvenient from a cash flow standpoint, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. An expert appraisal from Lincoln Appraisal Services can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for accuracy, or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables. If you need it in a rush, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide a retrospective review of any appraisal you may have in your possession. While usually requested by banks, you may wish to use this service if you suspect mortgage fraud related to your property.