Why you should get an appraisal from P.G.L. AppraisalsThousands of people in New Jersey buy, sell or refinance their home each month. Most of these transactions consist of a simple line item for an appraisal. Nearly all lenders still call in a local expert because the stakes are incredibly high, even though there are a developing number of automated home valuation processes that may appear more cost-effective than an appraisal. You might think that obtaining a mortgage is the only reason to get an appraisal, but there are other times when the services of a licensed, independent real estate professional might come in handy. 
Dispute your tax assessment in Essex CountyIf you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from P.G.L. Appraisals is your best evidence when building your case. We're qualified to assist you in challenging your tax assessment. PMI removal to reduce your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that many lenders ask home owners to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Since the extra payment is usually bundled 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 - dips below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. P.G.L. Appraisals will produce a statement regarding the value of your home, and the price you paid for the appraisal can usually be regained in little time because you'll no longer be paying the PMI. Order an appraisal from P.G.L. Appraisals Order onlineDivorce settlement with fewer hang-upsA divorce is often complicated by the hard decision of who maintains the house, and it can be a very horrible ordeal for both parties. So both parties are completely aware of the true market value of their property, it's a good idea to order an appraisal from P.G.L. Appraisals, regardless of the circumstances. The parties will have a good idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten 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 calls for an appraisal to establish Fair Market Value for the real estate involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans don't have dedicated estate planners or executors to manage these matters, unlike wealthier individuals. And since 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 vital importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocate to or from Essex County through an employee relocation programWe are aware of the stress associated with an employee relocation. We take great care in setting up an accommodating appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide remarks on the positive aspects of their property, as well as information regarding any recent sales or listings in their area that they want considered. Close on your home quickly — for the right priceA professional appraisal can help you make a more informed decision when determining 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 aren't related to the sales price, but rather they are based on our efforts to complete the appraisal report. We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long housesare on the market. So, getting 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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