Here are the top 7 reasons why New Yorkers order appraisals from The REIS Group:
- To get a pre-listing residential appraisal (whether they’re selling the home themselves or using an agent).
- Challenge property tax assessments.
- To cut their mortgage payment by removing PMI.
- To reinstate your Home Equity Line of Credit (HELOC).
- Review a different appraiser’s report for verification.
- In the case of a divorce in the state of New York, when real estate property needs to be divided.
- To settle an estate in New York County or New York by determining the true market value of the property in question
Real Estate Appraisal
CO-OP / CONDO
Terrace / Balcony
Common Charge Alternatives
Air Rights / Roof Rights
Lot Line Windows
All Interior & Exterior Space
Land / Sites
Retail / Office
Hotel / Motel
Church / School
Gas Station / Car Wash
Garage / Parking Lot
Highest & Best Use