Appraisal services for Sewell and Gloucester County homeowners
Here are the top seven reasons NJ homeowners need Preferred Appraisers, Inc.:
Need help determining the value of your house in or near Sewell, NJ?
At Preferred Appraisers, Inc., we understand the unique needs of a consumer looking for appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your own house because of your emotional attachment to it. The professional appraisers at Preferred Appraisers, Inc. will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very important as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your home will attract many interested buyers. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your home's price, and not just you saying how much you think your house is worth. Interested buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to a professional appraiser's value judgement than yours.
Need to cancel PMI?
PMI stands for Private Mortgage Insurance. An attractive way to cut expenses for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is down below 80% of the value of your property, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. We're experienced in helping folks just like you rid themselves of unnecessary PMI insurance.
Challenge a property tax assessment
Your local tax assessor may have your home overvalued if you live in an area that is declining. This means you're going to pay higher taxes than you should be paying. The earlier you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal report from Preferred Appraisers, Inc. is your best weapon.
Was your HELOC recently frozen?
If your house is near a declining area, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be annoying from a cash flow standpoint, but it can be bad for your credit score since it may appear as though that credit line is maxed out. Preferred Appraisers, Inc. can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Would you like a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you desire a seasoned professional to double-check your appraisal for preciseness? An appraiser from Preferred Appraisers, Inc. can go out and check the subject and comparables in question in a field review. If you need it in a rush, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
Need a retrospective review of an appraisal? We can We can assist you Even though this is usually requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your home.