Attention homeowners in Wayne and Passaic County: Get an Appraisal today!
Here are the top seven reasons why NJ homeowners use LB Appraisals, Inc.:
Own a house in or near Wayne, NJ and need help deciding the price of it?
At LB Appraisals, Inc., we understand the special needs of a consumer in need of appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, lawyers, and accountants. Being a regular homeowner that probably doesn't see an appraisal every day,we'll be sure you get extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our findings.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your home, it's often very hard to be objective about it. Our professional appraisers at LB Appraisals, Inc. are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is a very valuable negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your house will attract many interested buyers. It gives you something concrete to show the buyer. It's an independent third party's opinion of your house's value, and not just how much you think your house is worth. Potential buyers assume you have an emotional attachment to your home and will be far more likely to give credibility to a professional appraiser's value estimation than yours.
PMI Removal Appraisals
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is an attractive way to cut costs for homeowners. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your house. In most cases you can apply to your lender to have the PMI canceled from your loan. LB Appraisals, Inc. is veterans in helping clients just like you abolish undesirable PMI insurance.
Challenge a property tax assessment
Lets say you live in a local area that is going down -- your local tax assessor may have your home overvalued. That only means you are paying more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better off you'll be. Getting an expert appraisal from LB Appraisals, Inc. is your number one weapon when contesting your property tax assessment.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender may just choose to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area. Not only can this be troublesome from a cash flow viewpoint, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. LB Appraisals, Inc. can provide you with an expert appraisal that will help you reinstate your home equity line of credit.
We Also Provide Field and Desktop Appraisal Review Services
Would you like a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you want a professional to double-check your appraisal for precision? An appraiser from LB Appraisals, Inc. can go out and check the subject and comps in a field review. Or, if you need it ASAP, we can provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal? LB Appraisals, Inc. can help with that too. Even though this is typically requested by banks, you may need to exploit this service if you suspect mortgage fraud related to your property.