Reasons to order an appraisal from Gold Coast Appraisal Group LLCTo many, an appraisal just looks like another cost on the break-sheet for a home sale or refinance. Most lenders still want a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation processes that might seem more prudent than an appraisal. You might assume that obtaining a mortgage is the only reason to get an appraisal, but there are additional times when the services of a licensed, independent real estate professional could come in handy. 
Dispute your tax assessment in Bergen CountyIt's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are based upon a previous assessment of your house, so if prices have gone down in your area, you can appeal your assessment and save money. When building your case, an appraisal from us is your best evidence. At Gold Coast Appraisal Group LLC, we're equipped to assist you in challenging your tax assessment. Removing PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an additional insurance plan that most lenders ask homeowners 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 bundled into the monthly mortgage payment, it is often forgotten. This is bad because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Gold Coast Appraisal Group LLC can produce a statement regarding the value of your home. The expense of the home valuation can often be regained in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Gold Coast Appraisal Group LLC Order todayDivorce settlement with less stressA divorce can be a particularly daunting experience for both parties, and it is often more complicated by the burdensome decision of who gets the house. It's a good idea to order an appraisal from Gold Coast Appraisal Group LLC so both parties are completely aware of the true market value of their house, regardless of the circumstances. The parties will have a better idea of what price to set, if they want 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. Accurate and fair estate liquidationThe death of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion. Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike many 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 walk away knowing they've gotten an honest deal. Move to or from Bergen County for workWe understand the stress involved with an employee relocation. We take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, along with information about any new sales or listings in their area that they want considered during our thorough inspection. Sell your home quickly — at an accurate priceWhether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees aren't related to the sales price, but rather they rest on our efforts to complete the appraisal report. On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. Getting a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate 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 are one the market. 
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