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Let Liberty Appraisal Services take care of your appraisal

Every year, thousands of people in New Jersey purchase, sell or refinance their home. Most of these transactions involve a simple line item for an appraisal. Most lenders still call in a local expert because the stakes are very high, even though there are a growing number of automated home valuation methods that might appear to be more practical than an appraisal. But is getting a mortgage the only reason you should get an appraisal? Are there more times when the services of a certified, independent real estate professional might be beneficial? You bet.

If you're planning on any transaction where the value of your home is a factor, just contact Liberty Appraisal Services. Just click here.

Challenge your tax assessment in New Jersey

If you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Liberty Appraisal Services is your best evidence. We're qualified to assist you in challenging your tax assessment.

PMI removal will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance plan that many lenders ask homebuyers to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the real estate. Since the added payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark, making this very unfavorable. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Liberty Appraisal Services will provide you with a statement regarding the value of your home. The price you paid for the appraisal can often be regained in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is often complicated by the burdensome decision of who maintains the house, and it can be a particularly heartbreaking event for both parties. Regardless of the situation, it's prudent to get an appraisal from Liberty Appraisal Services so both parties are fully aware of the true market value of their property.

The parties will have a clearer picture of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Settling an estate with peace of mind

Losing a loved one is a hard 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 highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Most Americans don't have dedicated estate planners or executors to manage these issues, unlike wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal.

Let Liberty Appraisal Services assist you in relocating to or from Middlesex County

Moving due to a job change is a real pain, and we understand. That's why we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, along with information regarding any recent sales or listings in their area that they want considered during our intensive process.

Don't sell out for too little or keep your home on the market too long.

A professional appraisal will help you make a more informed decision regarding your asking price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. The price we charge isn't contingent upon the value opinion we render, but rather they depend on our efforts to finish the appraisal.

On a daily basis, we determine the difference in value items like an extra bathroom or a kitchen remodel can make. Seeking a professional appraisal is a trusted way to determine what improvements will add value and what an applicable sales price is for your home - so you don't come up short or have your house on the market an unnecessarily long time - because we're experts in knowing how long properties stay on the market.