Let JAMES HENRY CRUPI LLC. take care of your appraisal needs
To many, an appraisal just looks like a line item on the break-sheet for a home purchase or refinance. Practically all lenders still call in a local expert because the stakes are so high, even though there are a multiplying number of automated home valuation systems that may seem more practical than an appraisal. Is getting a mortgage the only basis for getting an appraisal? Are there additional instances when the services of a licensed, independent real estate professional might be beneficial? Absolutely.
Appeal your tax assessment
If you live in an area where the property value has declined, it's possible you're paying too much in property taxes. An appraisal from JAMES HENRY CRUPI LLC. is your best evidence when building your case. We're capable of assisting you in challenging your tax assessment.
PMI removal to reduce your mortgage payment
Private Mortgage Insurance, or PMI, is an extra insurance policy that many lenders ask homebuyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Seeing that added payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met.
JAMES HENRY CRUPI LLC. can give you a statement regarding the value of your home, and the cost of the home valuation can often be recovered in little time because you'll no longer be paying the PMI.
Order your appraisal from JAMES HENRY CRUPI LLC. todayOrder today
Settle a divorce with less stress
A divorce can be a very traumatic experience for both parties, and it is often more complicated by the difficult decision of who maintains the home. Regardless of the circumstances, it's a good idea to order an appraisal from JAMES HENRY CRUPI LLC. so both parties are fully aware of the true market value of their property.
If the parties want 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 gotten a fair assessment.
Determine an accurate and fair valuation for estate liquidation
Losing 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.
Most Americans don't have dedicated estate planners or executors to handle these matters, unlike wealthier individuals. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Move to or from Monmouth County for work
We know the stress involved with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. During our detailed inspection, we recommend relocating employees to provide feedback on the positive characteristics of their property, as well as information about any recent sales or listings in their area that they want considered.
Close on your home quickly — for an accurate price
A professional appraisal will help you make a more informed decision regarding your selling price, whether you choose 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 depend on our efforts to finish the appraisal report and not a percentage of the sales price.
On a daily basis, we determine the difference in value items like an extra bathroom or a kitchen remodel can make. Seeking 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, because we're experts in knowing how long homes are one the market.