Reasons to order an appraisal from TNC Appraisal Service, IncEvery year, thousands of people in New Jersey buy, sell or refinance their home. A lot of these transactions contain a simple line item for an appraisal. And while there are a budding number of automated home valuation methods that might appear more economical than an appraisal, the majority of lenders still call for a local expert because the stakes are so high. You might believe that getting a mortgage is the only reason to get an appraisal, but there are other cases when the services of a certified, independent real estate professional could be helpful. ![]() Challenge your tax assessmentIf you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from TNC Appraisal Service, Inc is your best evidence when building your case. We can assist you in disputing your tax assessment. PMI removal to reduce your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance plan that almost all lenders ask home buyers to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the property. More often than not, this additional payment is bundled into the monthly mortgage payment and is quickly forgotten. This is unfavorable because PMI is no longer required 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 invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, TNC Appraisal Service, Inc will provide you with a statement regarding the value of your home. The price you paid for the home valuation can often be recovered in little time because you'll no longer be paying the PMI. Get your appraisal from TNC Appraisal Service, Inc Order onlineGet a clear valuation on a home take make a divorce settlement less stressfulA divorce is often complicated by the strenuous decision of who maintains the property, and it can be a very daunting ordeal for both parties. So both parties are completely aware of the true market value of their home, it's a good idea to order an appraisal from TNC Appraisal Service, Inc, regardless of the situation. The parties will have a better idea of what price to set, if they wish to sell the home. And on the flip side, 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 liquidationLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion. Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocate to or from Ocean County through an employee relocation programEmployee relocation can be a stressful event, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough inspection, we suggest relocating employees to provide feedback on the positive aspects of their property, as well as information regarding any new sales or listings in their area that they want considered. Sell your home promptly — for an accurate priceA professional appraisal will help you make a more informed decision regarding your selling price, whether you want to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are calculated on our efforts to complete the appraisal report and not a percentage of the sales price. We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. Obtaining a professional appraisal is a reliable way to decide what improvements will add value and what a suitable 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. ![]() |