Attention homeowners in Oakhurst and Monmouth County: Need an appraisal?
The top seven reasons why NJ homeowners hire The Welter Appraisal Group:
Own a home in or near Oakhurst, NJ and need help determining the price of it?
We at The Welter Appraisal Group understand the unique needs of a consumer seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and accountants. Being a consumer that ordinarily doesn't look at appraisals every day,we'll be sure you get extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present our conclusions.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your house because of your emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your home will attract interested buyers. It's something tangible to show your buyer. The appraisal is an independent third party's opinion of your home's price, not just how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to an experienced appraiser's value assessment than yours.
Appraisals to cancel PMI
A popular way to cut costs for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your property, in most cases you can apply to your lender to have the PMI removed from your loan, which will make your monthly payments go down. At The Welter Appraisal Group, we're experts in helping homeowners just like you get rid of unneeded and unwanted PMI insurance.
Challenge Monmouth county's assessment of your property
If you live in a region that is declining or is not appreciating as much as other properties close to yours, your local tax assessor may have your home overvalued. This only means you are paying 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 a professional appraisal from The Welter Appraisal Group is your chief weapon.
Recently got a freeze your HELOC?
Even if your specific property has not declined in value, your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area. This can this be inconvenient from a cash flow viewpoint, and detrimental to your credit score since it may appear as though that credit line is maxed out. The Welter Appraisal Group can help you reinstate your home equity line of credit with efficient appraisal.
Do You Need Field and Desktop Appraisal Review Services?
Have you just gotten a copy of your appraisal and you would prefer to have a professional double-check it for precision or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables in question. If you're in a hurry, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal report? The Welter Appraisal Group can help you with that. Even though this is usually requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your home.