Let P.G.L. Appraisals serve your appraisal needsEach year, thousands of people in New Jersey purchase, sell or refinance their home. A lot of these transactions consist of a simple line item for an appraisal. And even though there are a growing number of automated home valuation systems that might seem more prudent than an appraisal, the majority of lenders still want a local expert because the stakes are incredibly high. You might assume that getting a mortgage is the only reason you should get an appraisal, but there are additional times when the services of a certified, independent real estate professional could be helpful. 
Dispute your tax assessmentIf you live in an area where the property value has declined, 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 disputing your tax assessment. PMI removal to lower your mortgage paymentWhen the amount being loaned to the home owneris more than 80% of the actual value of the real estate, nearly all lenders ask buyers to purchase this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. This extra payment is often bundled into the monthly mortgage payment and is promptly forgotten. PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfortunate. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, P.G.L. Appraisals can give you a statement regarding the value of your home. The expense of the home valuation can usually be offset in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from P.G.L. Appraisals Order onlineDivorce settlement with less stressA divorce is a very horrible event for the parties involved, and it is often further complicated by the difficult decision of who gets the property. So both parties are completely aware of the true market value of their home, it's a good idea to get an appraisal from P.G.L. Appraisals, regardless of the circumstances. If the parties need to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Ascertain a fair and accurate valuation for estate liquidationThe death of a loved one is a painful 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. We guarantee the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. 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 an honest deal. Move to or from Essex County through an employee relocation programEmployee relocation can be a stressful event, and we understand. That being said, 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 attributes of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered during our detailed inspection. Close on your home promptly — at the right 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 regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are based on our efforts to finish the appraisal report and and aren't related to the sales price. We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long propertiesstay on the market. So, obtaining a professional appraisal is a reliable 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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