Need an appraisal in Arvada or Adams County?
Check out the top 7 reasons CO homeowners need Lumino Valuation Group, Inc.:
Do you own a house in or near Arvada? Do you need help deciding the price of your real estate?
We at Lumino Valuation Group, Inc. understand the unique needs of a customer after appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, lawyers, and CPAs. As our non-traditionalclient, we'll be sure you get 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 (FSBO) / Pre-Listing Services
It's very hard to be objective about your home because of your emotional attachment to it. Professional appraisers, like the ones at Lumino Valuation Group, Inc., are objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is very important as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your property will attract interested buyers. It gives you something tangible to show your buyer. It's an independent third party's opinion of your house's price, and not just how much 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 qualified appraiser's value estimation than yours.
PMI Removal Appraisals
A popular way to save money for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is less than 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. We are qualified in helping consumers just like you get rid of unneeded PMI insurance.
Challenging Adams county's assessment of your property
Your local tax assessor may have your house overvalued if your house not appreciating as much as other homes nearby. That only means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better off you'll be. An appraisal from Lumino Valuation Group, Inc. is your chief weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
If your house is near a declining area, your lender might choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be annoying from a cash flow standpoint, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. An expert appraisal from Lumino Valuation Group, Inc. can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Do you need a seasoned appraiser to double-check your appraisal for accuracy, or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables. Or, if you're in a rush, 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 you with a a retrospective review of any appraisal report you may have in your possession. While typically requested by banks, you may need to utilize this service if you suspect mortgage fraud related to your property.