Why obtain an appraisal from J DeMars Real Estate Appraisal?

Thousands of people in New Jersey purchase, sell or refinance their home every year. Many of these transactions include a simple line item for an appraisal. The majority of lenders still call in a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation systems that may appear to be less expensive than an appraisal. You might think that securing a mortgage is the only reason to get an appraisal, but there are additional instances when the services of a licensed, independent real estate professional could be beneficial.


	Order appraisals on this website by simply clicking here.

Dispute your tax assessment in Essex County

If you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from J DeMars Real Estate Appraisal is your best evidence when building your case. At J DeMars Real Estate Appraisal, we're capable of assisting you in appealing your tax assessment.

PMI removal to lower your mortgage payment

When the amount being loaned to the home buyer is more than 80% of the actual value of the property, most lenders ask homebuyers to buy an added insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI is no longer required when the remaining 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 passed by the United States Congress requiring lenders to remove the PMI payments when the balance is paid down to 78% of the original value.

J DeMars Real Estate Appraisal can give you a statement regarding the value of your home, and the expense of the appraisal can often be recovered in a short amount of time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce is a particularly heartbreaking event for the parties involved, and it is often more complicated by the strenuous decision of who maintains the house. So both parties are entirely aware of the true market value of their property, it's a good idea to order an appraisal from J DeMars Real Estate Appraisal, regardless of the circumstances.

The parties will have a better idea of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Trustworthy estate liquidation

The death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.

Most Americans don't have dedicated estate planners or executors to manage these matters, unlike wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.

Let J DeMars Real Estate Appraisal assist you in relocating to or from Essex County

We understand the stress associated with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. During our thorough process, we suggest employees that are moving to provide input on the positive characteristics of their property, as well as information about any new sales or listings in their area that they want considered.

Let J DeMars Real Estate Appraisal assist you in selling your home quickly at the right price

Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision regarding your selling price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't contingent upon the value we come up with, but rather they are based on our efforts to finish the appraisal.

On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long houses stay on the market. So, obtaining a professional appraisal is a reliable way to determine 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 an unnecessarily long time.