Reasons to get an appraisal from TNC APPRAISAL SERVICE INCEach year, thousands of people in New Jersey purchase, sell or refinance their home. Many of these transactions consist of a simple line item for an appraisal. While there are a multiplying number of automated home valuation processes that might appear more practical than an appraisal, the majority of lenders still call in a local expert because the stakes are so high. But is securing a mortgage the only reason to acquire an appraisal? Are there additional situations when the services of a certified, independent real estate professional might come in handy? Of course.
Let TNC APPRAISAL SERVICE INC help you appeal your tax assessment in Ocean CountyIt's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are based upon a previous assessment of your real estate, so if values are less than what they used to be in your neighborhood, you can appeal your assessment and save money. An appraisal from TNC APPRAISAL SERVICE INC is your best evidence when building your case. At TNC APPRAISAL SERVICE INC,we can assist you in challenging your tax assessment.
PMI removal will lower your mortgage paymentWhen the amount being loaned to the buyer is more than 80% of the actual value of the property, many lenders ask homebuyers to buy an extra 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 unfavorable because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.
TNC APPRAISAL SERVICE INC can provide you with a statement regarding the value of your home, and the expense of the home valuation can generally be regained in a short amount of time because you'll no longer be paying the PMI.
An appraisal from TNC APPRAISAL SERVICE INC will help you settle a divorce with less stressA divorce is often complicated by the hard decision of who gets the home, and it can be a particularly heartbreaking occurrence for both parties. Regardless of the situation, it's a good idea to get an appraisal from TNC APPRAISAL SERVICE INC so both parties are entirely aware of the true market value of their home.
The parties will have a clearer picture 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.
Accurate and fair estate liquidation with TNC APPRAISAL SERVICE INCSettling an estateLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish 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 wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. And since a home or other property often makes up an uneven share of the total estate value, knowing the correct value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal.
TNC APPRAISAL SERVICE INC can assist you in relocating to or from Ocean CountyWe know the headaches associated with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough process, we suggest relocating employees to provide feedback on the positive attributes of their property, along with information about any new sales or listings in their neighborhood that they want considered.
Let TNC APPRAISAL SERVICE INC help you sell your home quickly at the right priceA professional appraisal can help you make a better educated decision when determining your selling price, whether you want to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees depend on our efforts to finish 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. Obtaining a professional appraisal is a reliable way to determine 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 properties stay on the market.