Attention homeowners in Syracuse and Onondaga County: Get an Appraisal today!

Check out the top 7 reasons NY homeowners order from Patrick E O'Connor:

  1. Find the right listing price (whether you're using an agent or selling the home on your own)
  2. To challenge a NY property tax assessment
  3. Remove PMI to lower your monthly mortgage payment
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. To review a different appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. To determine the true market value of property in question to settle an estate

Own a house in or near Syracuse, NY and need help determining the price of it?
Contact Patrick E O'Connor.

We at Patrick E O'Connor understand the particular needs of a customer looking for appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, attorneys, and CPAs. As our client, we will give you extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our conclusions.

For Sale By Owner/Pre-Listing Services

It's very hard to be objective about your home because of your 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. In addition to helping you set a realistic price to sell at so your home will attract interested buyers, a professional appraisal is a very important negotiating tool once you have an attainable buyer. It gives you something concrete to show the buyer. It's an independent third party's opinion of your house's value, and not just how much you think your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to a qualified appraiser's value estimation than yours.

Appraisals to cancel PMI

PMI stands for Private Mortgage Insurance. A fashionable way to save money for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is below 80% of the value of your property. In most cases you can apply to your lender to have the PMI canceled from your loan. At Patrick E O'Connor, we're qualified in helping consumers just like you dismiss undesirable PMI insurance.

Challenge Onondaga county's assessment of your property

Lets say your home is not appreciating as much as other houses nearby -- your local tax assessor may have your house overvalued. That means you're going to pay more taxes than you should. The faster you take care of things like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an expert appraisal from Patrick E O'Connor is your number one weapon.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area. Not only can this be difficult and inconvenient from a cash flow point of view, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from Patrick E O'Connor can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need a seasoned professional to double-check your appraisal for precision, or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. If you're in a hurry, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide you with a a retrospective review of any appraisal report you may have had in the past. Even though this is typically requested by banks, you may wish to employ this service if you suspect mortgage fraud related to your home.