Let CCR Appraisal Service serve your appraisal needsYear after 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. Nearly all lenders still want a local expert because the stakes are so high, even though there are a budding number of automated home valuation methods that might appear to be more practical than an appraisal. Is obtaining a mortgage the only reason you should get an appraisal? Are there additional instances when the services of a certified, independent real estate professional might come in handy? Of course. 
Dispute your tax assessmentIt's likely you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are determined by a past assessment of your real estate, so if prices are less than what they used to be in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from us is your best evidence. We're equipped to assist you in disputing your tax assessment. PMI removal to lower your mortgage paymentWhen the amount being loaned to the homebuyeris more than 80% of the actual value of the property, many lenders ask homeowners to buy this added insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that extra payment is usually lumped 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 - goes below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, CCR Appraisal Service can produce a statement regarding the value of your home. The price you paid for the home valuation can generally be recovered in just a few months because you'll no longer be paying the PMI. Order your appraisal from CCR Appraisal Service today Order onlineSettle a divorce with less stressA divorce is an especially traumatic ordeal for the parties involved, and it is often more complicated by the challenging decision of who keeps the property. Regardless of the circumstances, it's a good idea to order an appraisal from CCR Appraisal Service so both parties are fully aware of the true market value of their house. If the parties need to sell the home, they'll have a clearer picture of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Fair and accurate estate liquidationThe death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair 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 utmost degree of discretion. Most Americans do not have dedicated estate planners or executors to manage these issues, unlike many wealthy individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal. Move to or from Morris County through an employee relocation programEmployee relocation can be a stressful event, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our intensive inspection, we suggest relocating employees to provide input on the positive features of their property, along with information about any current sales or listings in their area that they want considered. Sell your home promptly — at an accurate priceWhether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they rest on our efforts to finish the appraisal report. 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 homesare on the market. So, obtaining a professional appraisal is a trusted 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 an unnecessarily long time. 
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