Attention homeowners in Middletown and Monmouth County: Need an appraisal?

See the top seven reasons why NJ homeowners order from P & R Appraisals, LLC:

  1. Get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
  2. Challenge a property tax assessment
  3. To lower a monthly mortgage payment by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. In the case of a NJ divorce, when real estate property needs to be divided
  7. To settle an estate in NJ by determining the true market value of real estate in question

Do you own a house in or near Middletown? Do you need help determining the value of your real estate?
Contact P & R Appraisals, LLC.

At P & R Appraisals, LLC, we understand the particular needs of a homeowner in need of appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, lawyers, and CPAs. Being a person not in the real estate industry that probably doesn't look at appraisals every day,you will receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our conclusions.

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. Professional appraisers, like the ones at P & R Appraisals, LLC, are objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is a very important negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. It gives you something concrete to show your buyer. An appraisal is an independent third party's opinion of your house's price -- not just you saying how much your house is worth. Interested buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to a seasoned appraiser's value assessment than yours.

Appraisals to cancel PMI

An attractive way to save money for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". 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 a lender to have the PMI canceled from your loan. At P & R Appraisals, LLC, we're qualified in helping consumers just like you delete unneeded PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your home overvalued if you live in a local area that's going down. That only means you're paying more taxes than you should. The earlier you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal report from P & R Appraisals, LLC is your number one weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area. This can this be troublesome from a cash flow viewpoint, and damaging to your credit score since it may appear as though that credit line is maxed out. An expert appraisal from P & R Appraisals, LLC can help you reinstate your HELOC.

We Offer 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 desire an expert to double-check your appraisal for precision? An appraiser from P & R Appraisals, LLC can go out and check the subject and comparables in question in a field review. Or, if you're in a rush, 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.

Need a retrospective review of an appraisal report? We can help with that too. While typically requested by banks, you may need to take advantage of this service if you suspect mortgage fraud related to your property.