Reasons to get an appraisal from JWD Appraisal service LLC.To a lot of people, an appraisal just looks like another fee on the settlement sheet for a home sale or refinance. Most lenders still need a local expert because the stakes are very high, even though there are a budding number of automated home valuation processes that may appear to be more cost-effective than an appraisal. Is getting a mortgage the only reason you should get an appraisal? Are there more cases when the services of a certified, independent real estate professional could come in handy? Absolutely. 
Contest your tax assessment in Monmouth CountyIt's possible you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are determined by a previous assessment of your real estate, so if prices have declined in your neighborhood, you can appeal your assessment and save money. An appraisal from JWD Appraisal service LLC. is your best evidence when building your case. We can assist you in challenging your tax assessment. Eliminating PMI for mortgage paymentsWhen the amount being loaned to the homeowneris more than 80% of the actual value of the property, most lenders ask homebuyers to purchase this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is damaging because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, JWD Appraisal service LLC. will provide you with a statement regarding the value of your home. The expense of the appraisal can often be recovered in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from JWD Appraisal service LLC. Order onlineDivorce settlement with less stressA divorce is a particularly horrible event for the parties involved, and it is often even more complicated by the challenging decision of who maintains the house. It's a good idea to order an appraisal from JWD Appraisal service LLC. so both parties are completely aware of the true market value of their home, regardless of the situation. The parties will have a good idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Ascertain a fair and accurate valuation for estate liquidationThe death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the real estate involved. We guarantee the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocate to or from Monmouth County for workEmployee relocation can be a stressful event, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough inspection, we suggest relocating employees to provide feedback on the positive characteristics of their property, along with information about any recent sales or listings in their area that they want considered. Close on your home promptly — for the right priceWhether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees are calculated on our efforts to complete the appraisal report and and aren't related to the sales price. On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. Seeking a professional appraisal is a reliable way to decide what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time, because we're experts in knowing how long houses are one the market. 
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