Why you should hire an appraiserEach year, thousands of people in New Jersey purchase, sell or refinance their home. A lot of these transactions have a simple line item for an appraisal. Even though there are a budding number of automated home valuation systems that might appear less expensive than an appraisal, almost all lenders still want a local expert because the stakes are incredibly high. You might think that securing a mortgage is the only basis for getting an appraisal, but there are other cases when the services of a certified, independent real estate professional could be beneficial. 
Appeal your tax assessment in Monmouth CountyIf you are in an area where the property value has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. At JWD Appraisal service LLC., we're qualified to assist you in disputing your tax assessment. Getting rid of your PMI for mortgage paymentsWhen the amount being loaned to the homebuyeris more than 80% of the actual value of the home, nearly all lenders ask buyers to buy this additional insurance policy. That policy is Private Mortgage Insurance, or PMI. More often than not, this extra payment is bundled into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, JWD Appraisal service LLC. will provide you with a statement regarding the value of your home. The price you paid for the home valuation can generally be regained in a short amount of time because you'll no longer be paying the PMI. Order your appraisal from JWD Appraisal service LLC. today Order onlineSettle a divorce with fewer hang-upsA divorce can be a particularly horrible event for both parties, and it is often more complicated by the hard decision of who gets the property. It's a good idea to get an appraisal from JWD Appraisal service LLC. so both parties are entirely aware of the true market value of their home, regardless of the situation. The parties will have a a good idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Determine a fair and accurate valuation for estate liquidationLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion. Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike many wealthy individuals. And since a home or other property often makes up a disproportionate 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 gotten an honest deal. Relocate to or from Monmouth County through an employee relocation programEmployee relocation can be a stressful event, and we understand. We take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information regarding any current sales or listings in their area that they want considered during our detailed inspection. Sell your home promptly — at an accurate priceWhether you want 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 selling price. An appraiser has no vested interest in what amount the house sells for, unlike 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 extra 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 homes stay on the market. 
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