Appraisal services for New York and New York County homeowners
Here are the top 7 reasons why New York homeowners hire Roadrunner Appraisals, Inc.:
We at Roadrunner Appraisals, Inc. understand the individual needs of a consumer in need of appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of 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/Pre-Listing ServicesSince you have an emotional attachment to your house, it's often very hard to be objective about it. Our professional appraisers at Roadrunner Appraisals, Inc. are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very crucial as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your home will attract many interested buyers. It's something tangible to show your 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 house and will be more likely to give credibility to an accomplished appraiser's value report than yours.
Challenging a property tax assessmentLet's say you live in an area that is declining -- your local tax assessor may have your house overvalued. That only means you're probably paying 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. An expert appraisal from Roadrunner Appraisals, Inc. is your best weapon when challenging your property tax assessment.
Need to cancel PMI?PMI stands for Private Mortgage Insurance. A preferred way to cut costs for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is less than 80% of the value of your home. In most cases you can apply to the lender to have the PMI canceled from your loan. We're seasoned in helping consumers just like you remove unneeded PMI insurance.
Was your HELOC recently frozen?Your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area -- even if your specific property has not declined in value. This can be difficult from a cash flow angle, and damaging to your credit score since it may appear as though that credit line is maxed out. Roadrunner Appraisals, Inc. can help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?Do you need a seasoned professional to double-check your appraisal for precision, or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? Roadrunner Appraisals, Inc. offers field reviews where we'll go out and check the subject and comparables in question. If you need it immediately, we'll 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 you with a retrospective review of any appraisal report you may have had in the past. While typically requested by banks, you may want to use this service if you suspect mortgage fraud related to your property.