Attention homeowners in Oakhurst and Monmouth County: Need an appraisal?
Here are the top 7 reasons NJ homeowners call on The Welter Appraisal Group:
Do you own a home in or near Oakhurst? Do you need help deciding the price of your real estate?
We at The Welter Appraisal Group understand the particular needs of a homeowner after appraisal services. Our usual business clients understand the appraisal process and the usual reporting formats. As our non-traditionalclient, you can expect extra guidance and explanations through the appraisal process to better understand what we do and how we document our conclusions.
Pre-listing Services/For Sale By Owner (FSBO)
It's very hard to be objective about your home because of your emotional attachment to it. Professional appraisers, like the ones at The Welter Appraisal Group, will be objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is a very valuable negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your house will attract interested buyers. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much you think your house is worth. Interested buyers assume you have an emotional attachment to your house and will be far more likely to give credibility to an expert appraiser's value judgement than yours.
Appraisals to cancel PMI
A preferred way to cut costs for homeowners is to get the PMI canceled 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 property. In most cases you can apply to a lender to have the PMI eliminated from your loan. We are qualified in helping customers just like you get rid of unneeded PMI insurance.
Challenge property tax assessments
Lets say your home is not appreciating as much as other homes close to yours -- your local tax assessor may have your home overvalued. This only means you're probably paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better. When contesting your property tax assessment, getting an appraisal report from The Welter Appraisal Group is your strongest weapon.
Was your HELOC recently frozen?
Your lender might just choose to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area -- even if your specific property has not declined in value. This can this be annoying from a cash flow point of view, and damaging 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 HELOC.
We Offer Field and Desktop Appraisal Review Services
Have you just accepted a copy of your appraisal and you would like to have an expert double-check it for preciseness or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? The Welter Appraisal Group offers field reviews where we'll go out and check the subject and comps. 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.
Need a retrospective review of an appraisal? We can help with that too. Even though this is typically requested by banks, you may desire to use this service if you suspect mortgage fraud related to your property.