Ordering an appraisal from Watkins Appraisals & Consultation

Every year, thousands of people in New Jersey buy, sell or refinance their home. A lot of these transactions have a simple line item for an appraisal. Nearly all lenders still want a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation systems that might seem more prudent than an appraisal. But is getting a mortgage the only reason you should get an appraisal? Are there additional times when the services of a licensed, independent real estate professional might be beneficial? You bet there are.


	For real estate appraisals in any Northern County in New Jersey, it's easiest when your order online from Watkins Appraisals & Consultation, just click here.

Let Watkins Appraisals & Consultation help you challenge your tax assessment in your County

It's probable you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your real estate, so if prices have declined in your area, you can challenge your assessment and save money. An appraisal from Watkins Appraisals & Consultation is your best evidence when building your case. At Watkins Appraisals & Consultation,we can assist you in challenging your tax assessment.

Eliminating PMI will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance policy that nearly all lenders ask buyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the real estate. More often than not, this additional payment is lumped into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI installments when the balance is paid down to 78% of the original value.

If you'd like to get rid of PMI, Watkins Appraisals & Consultation will give you a statement regarding the value of your home. The expense of the appraisal can often be recovered in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Watkins Appraisals & Consultation

A divorce can be a particularly traumatic experience for both parties, and it is often even more complicated by the strenuous decision of who keeps the property. Regardless of the situation, it's wise to order an appraisal from Watkins Appraisals & Consultation so both parties are entirely aware of the true market value of their home.

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 received a fair assessment.

Settling an estate with peace of mind

The loss 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 Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion.

Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to handle 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 essential importance to ensuring disputing parties walk away knowing they've received an honest deal.

Relocating to or from New Jersey

Moving due to a job change can be a real pain. We know where you're coming from! That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, as well as information about any current sales or listings in their neighborhood that they want considered during our thorough process.

Selling your home quickly at the right price with an appraisal from Watkins Appraisals & Consultation

A professional appraisal will help you make a more informed decision when determining your asking 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, which is different than the interest of real estate agents. The price we charge isn't related to the sales price, but rather they are calculated on our efforts to finish the appraisal.

We determine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Obtaining a professional appraisal is a reliable way to determine what improvements will add value and what a suitable 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 stay on the market.