Let Platinum Appraisal Services handle your appraisalThousands of people in New Jersey buy, sell or refinance their home each year. Most of these transactions include a simple line item for an appraisal. Almost all lenders still call for a local expert because the stakes are so high, even though there are a budding number of automated home valuation methods that might appear cheaper than an appraisal. You might assume that securing a mortgage is the only reason to acquire an appraisal, but there are other instances when the services of a certified, independent real estate professional might come in handy.
Challenge your tax assessment in Mercer CountyIt's probable you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are based upon a past assessment of your house, so if prices have declined in your area, you can challenge your assessment and save money. An appraisal from Platinum Appraisal Services is your best evidence when building your case. At Platinum Appraisal Services, we're capable of assisting you in challenging your tax assessment.
Let Platinum Appraisal Services help you do away with PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance plan that many lenders ask home buyers to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the property. More often than not, this added payment is folded into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to eliminate the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
Platinum Appraisal Services will give you a statement regarding the value of your home, and the price you paid for the home valuation can usually be recovered in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Platinum Appraisal ServicesA divorce is often complicated by the strenuous decision of who gets the property, and it can be a particularly heartbreaking experience for both parties. So both parties are fully aware of the true market value of their house, it's a good idea to order an appraisal from Platinum Appraisal Services, regardless of the circumstances.
If the parties wish to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Settling an estate with peace of mindThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to handle these affairs. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the absolute value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Platinum Appraisal Services can assist you in relocating to or from Mercer CountyEmployee relocation can be a more than just an inconvenience, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our intensive process, we recommend employees that are moving to provide input on the positive features of their property, as well as information about any new sales or listings in their neighborhood that they want considered.
Let Platinum Appraisal Services help you sell your home quickly at the right priceA professional appraisal will help you make a better educated decision regarding your selling price, whether you want to sell your home on your own or with the help of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. 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 items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long houses are on the market. So, obtaining a professional appraisal is a reliable way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market for an extended amount of time.