Appraisal services for East Islip and Suffolk County homeowners

Check out the top 7 reasons NY homeowners need LOUIS FRAGALA:

  1. Find the right listing price (whether you're using a real estate agent or selling the home on your own)
  2. Challenge Suffolk county's assessment of your property
  3. Remove PMI to cut your mortgage payment
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Verify a different appraiser's report
  6. In the case of a NY divorce, where property needs to be divided
  7. Settle an estate in NY by determining the true market value of real estate in question

Own a home in or near East Islip, NY and need help determining the price of it?
Contact LOUIS FRAGALA.

We at LOUIS FRAGALA understand the unique needs of a customer after appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, lawyers, and CPAs. But as a consumer,you will receive extra guidance and explanations through the appraisal process to understand what we do and how we present the results of our analysis.

Pre-listing Services/For Sale By Owner

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at LOUIS FRAGALA will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is a crucial negotiating tool once you have a likely buyer. It gives you something tangible to show your buyer. It's an independent third party's opinion of your home's price, and not just how much your house is worth. Interested buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to a qualified appraiser's value judgement than yours.

PMI Removal Appraisals

A fashionable way to cut costs for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is less than 80% of the value of your house. In most cases you can apply to the lender to have the PMI removed from your loan. At LOUIS FRAGALA, we're qualified in helping consumers just like you rid themselves of unneeded PMI insurance.

Challenge Tax Assessment

Your local tax assessor may have your home overvalued if you live in an area that is declining. That only means you are going to pay more taxes than you should. The earlier you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an expert appraisal from LOUIS FRAGALA is your perfect weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area. Not only can this be 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 LOUIS FRAGALA can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need a seasoned expert to double-check your appraisal for accuracy, or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? An appraiser from LOUIS FRAGALA can go out and check the subject and comparables in question in a field review. Or, if you need it immediately, we can 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 report you may have in your possession. Even though this is usually requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your home.