Reasons to order an appraisalTo a lot of us, an appraisal just looks like one more thing on the break-sheet for a home purchase or refinance. And even though there are a developing number of automated home valuation methods that may appear to be more economical than an appraisal, the majority of lenders still call for a local expert because the stakes are so high. You might assume that getting a mortgage is the only basis for getting an appraisal, but there are more situations when the services of a certified, independent real estate professional might be beneficial. 
Contest your tax assessment in Bergen CountyIf you live in an area where the property value has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We can assist you in appealing your tax assessment. PMI removal to lower a mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance plan that many lenders ask buyers to buy when the amount being loaned to the buyer is more than 80% of the actual value of the real estate. Since the extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to remove 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 will produce a statement regarding the value of your home. The cost of the appraisal can usually be offset in just a few months because you'll no longer be paying the PMI. Get your appraisal from Gold Coast Appraisal Group LLC Order todayDivorce settlement with less stressA divorce can be a particularly horrible experience for both parties, and it is often even more complicated by the difficult 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 fully aware of the true market value of their house, regardless of the situation. 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 evaluation. Ascertain an accurate and fair valuation for estate liquidationLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often entails 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, ensuring the fullest degree of discretion. Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to take care of these affairs. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal. Move to or from Bergen County through an employee relocation programWe are familiar with the headaches involved with an employee relocation. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, as well as information about any current sales or listings in their neighborhood that they want considered during our detailed inspection. Close on your home quickly — at an accurate priceA professional appraisal can help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees are calculated on our efforts to finish the appraisal report and and aren't related to the sales price. On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homesstay on the market. So, obtaining 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. 
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