Need an appraisal in Oakhurst or Monmouth County?
See the top seven reasons why NJ homeowners need The Welter Appraisal Group:
Need help deciding the price of your house in or near Oakhurst, NJ?
At The Welter Appraisal Group, we understand the individual needs of a homeowner looking for appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, attorneys, and CPAs. As our client, you'll receive extra guidance and explanations through the appraisal process to understand what we do and how we report our conclusions.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your house, it's often very hard to be objective about 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 very important negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your home will attract buyers. The appraisal is something tangible to show your buyer. The appraisal is an independent third party's opinion of your property's price, not just you saying how much your house is worth. Interested buyers know you have an emotional attachment to your house and will be much more likely to give credibility to a qualified appraiser's value conclusion than yours.
Appraisals to remove PMI
An attractive way to cut costs for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is below 80% of the value of your house. In most cases you can apply to your lender to have the PMI eliminated from your loan. The Welter Appraisal Group is experts in helping consumers just like you rid themselves of unwanted and unneeded PMI insurance.
Challenging a property tax assessment
Lets say you live in a region that is declining -- your local tax assessor may have your house overvalued. This only means you're 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. An appraisal from The Welter Appraisal Group is your best weapon when challenging your property tax assessment.
Was your HELOC recently frozen?
Your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area -- even if your specific property has not declined in value. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow point of view. 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?
Do you need a seasoned appraiser to double-check your appraisal for verity, or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables in question. Or, if you need it in a rush, we can provide you with a 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 help you with that While usually requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your property.