Attention homeowners in Sewell and Gloucester County: Get an Appraisal today!

Here are the top seven reasons why NJ homeowners use Preferred Appraisers, Inc.:

  1. To get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
  2. Challenge property tax assessments
  3. Remove PMI to lower a mortgage payments
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. Settle an estate in NJ by determining the true market value of property in question

Own a house in or near Sewell, NJ and need help determining the price of it?
Contact Preferred Appraisers, Inc..

We at Preferred Appraisers, Inc. understand the special needs of a homeowner seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and accountants. Being a regular consumer that ordinarily 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 document the results of our analysis.

For Sale By Owner (FSBO)/Pre-Listing Services

It's very hard to be objective about your house because of your emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is very crucial as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your home will attract buyers. It gives you something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's price, not just you saying how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to a qualified appraiser's value conclusion than yours.

PMI Removal Appraisals

A fashionable money saver for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. We are experienced in helping customers just like you rid themselves of unwanted PMI insurance.

Challenge Tax Assessment

If you live in a local area that is going down or not appreciating as much as other homes close to yours, your local tax assessor may have your home overvalued. This means you are most likely paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting an appraisal report from Preferred Appraisers, Inc. is your best weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. This can be be destructive to your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow point of view. Preferred Appraisers, Inc. can provide you with a professional appraisal to help you reinstate your home equity line of credit.

We Also Offer Field and Desktop Appraisal Review Services

Do you need a veteran appraiser to double-check your appraisal for preciseness, or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? Preferred Appraisers, Inc. offers field reviews where we go out and check the subject and comps. If you're in a hurry, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal? We can help you with that Even though this is usually requested by banks, you may wish to exploit this service if you suspect mortgage fraud related to your house.