Attention homeowners : Get an Appraisal today!
Check out the top 7 reasons why Louisiana homeowners call on Romano & Associates:
We at Romano & Associates understand the special needs of a consumer looking for appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, lawyers, 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 present our findings.
Pre-listing Services/For Sale by Owner (FSBO)Since you have an emotional attachment to your house, it's often very hard to be objective about it. The professional appraisers at Romano & Associates 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 selling price so your property will attract many interested buyers, a professional appraisal is very crucial as a negotiating tool once you have an interested buyer. It's something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's value -- not just how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to a seasoned appraiser's value opinion than yours.
Challenging assessment of your propertyLet's say your house is not appreciating as much as other houses close by -- your local tax assessor may have your home overvalued. This only means you're paying higher taxes than you should be paying. The faster you take care of things like this, the better, since your property assessment may likely go up again in the next period. An expert appraisal from Romano & Associates is your chief weapon when contesting your property tax assessment.
Need to remove PMI?Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a preferred way to save money for homeowners. Once your mortgage loan amount is below 80% of the value of your home, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. We're seasoned in helping homeowners just like you get rid of unwanted and unneeded PMI insurance.
HELOC recently frozen?Even if your specific property has not declined in value, your lender just may decide to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area. Not only can this be annoying from a cash flow point of view, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. Romano & Associates can help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review ServicesHave you just gotten a copy of your appraisal and you'd like to have an expert double-check it for preciseness or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps in question. If you're in a hurry, we'll provide desk review and verify as many facts as we can, using online data sources as well as our own files.
Do you need a retrospective review of an appraisal? We can assist you. While typically requested by banks, you may wish to employ this service if you suspect mortgage fraud related to your home.