Reasons to order an appraisal from TNC Appraisal Service, Inc.Thousands of people in New Jersey buy, sell or refinance their home each year. Most of these transactions contain a simple line item for an appraisal. Most lenders still call in a local expert because the stakes are so high, even though there are a budding number of automated home valuation systems that may appear cheaper than an appraisal. Is getting a mortgage the only reason to acquire an appraisal? Are there other situations when the services of a licensed, independent real estate professional could be helpful? You bet there are. 
Challenge your tax assessmentIt's probable you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are determined by a previous assessment of your house, so if prices have declined 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. We're qualified to assist you in challenging your tax assessment. Getting rid of your PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an additional insurance plan that most lenders ask homebuyers to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the home. Seeing that added payment is usually folded into the monthly mortgage payment, it is often forgotten. This is bad because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met. TNC Appraisal Service, Inc. will give you a statement regarding the value of your home, and the price you paid for the home valuation can often be regained in just a few months because you'll no longer be paying the PMI. Get your appraisal from TNC Appraisal Service, Inc. Order onlineDivorce settlement with less stressA divorce is often complicated by the strenuous decision of who gets the home, and it can be a particularly horrible experience for both parties. It's a good idea to get an appraisal from TNC Appraisal Service, Inc. so both parties are completely aware of the true market value of their property, regardless of the situation. If the parties wish to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Accurate and fair estate liquidationLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails 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, guaranteeing the highest degree of discretion. Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal. Move 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 organizing an accommodating appointment time for the appraisal inspection. During our thorough inspection, we suggest relocating employees to provide input on the positive aspects of their property, as well as information about any recent sales or listings in their area that they want considered. Sell your home promptly — for 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, apart from real estate agents. Our fees are based 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 extra bathroom or a kitchen remodel can make. Getting a professional appraisal is a trusted 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 are one the market. 
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