Need an appraisal in Revere or Suffolk County?
Here are the top seven reasons MA homeowners order from Loring Associates:
Need help deciding the value of your home in or near Revere, MA?
We at Loring Associates understand the unique needs of a consumer seeking appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your own house because you probably have an emotional attachment to it. Professional appraisers, like the ones at Loring Associates, will be objective. We 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 buyers, a professional appraisal is very important as a negotiating tool once you have a potential buyer. The appraisal is something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's price -- not just you saying how much you think your house is worth. Potential buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value opinion than yours.
Need to remove PMI?
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is an attractive way to save money for homeowners. Once your mortgage loan is down below 80% of the value of your home, in most cases you can apply to your lender to have the PMI removed from your loan, which will make your monthly payments go down. At Loring Associates, we're veterans in helping people just like you abolish unneeded and unwanted PMI insurance.
Challenge Tax Assessment
Lets say you live in a local area 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 a matter like this, the better off you'll be. When challenging your property tax assessment, getting an appraisal report from Loring Associates is your best weapon.
Recently got a freeze your HELOC?
If your home is near a declining area, your lender just might choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be difficult from a cash flow standpoint, and bad for your credit score since it may appear as though that credit line is maxed out. Loring Associates can help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Have you just received a copy of your appraisal and you would like to have a seasoned expert double-check it for precision or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Loring Associates can go out and check the subject and comps in question in a field review. Or, if you're in a hurry, we can 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 a retrospective review of any appraisal report you may have had done before. Even though this is typically requested by banks, you may desire to employ this service if you suspect mortgage fraud related to your house.