6 Reasons to choose an appraisal from Ru Appraisals, LLCTo many, an appraisal just looks like one more thing in the long list of items for a home sale or refinance. The majority of lenders still call for a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation methods that might appear to be more prudent than an appraisal. Is securing a mortgage the only reason to get an appraisal? Are there additional situations when the services of a certified, independent real estate professional might be beneficial? You bet. 
Challenge your tax assessment in Ocean CountyIf you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Ru Appraisals, LLC is your best evidence when building your case. We're equipped to assist you in challenging your tax assessment. PMI removal to reduce a mortgage paymentWhen the amount being loaned to the homeowneris more than 80% of the actual value of the real estate, many lenders ask homeowners to purchase this extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, Ru Appraisals, LLC can produce a statement regarding the value of your home. The price you paid for the appraisal can often be recovered in just a few months because you'll no longer be paying the PMI. Order your appraisal from Ru Appraisals, LLC today Order todayDivorce settlement with fewer hang-upsA divorce is a particularly traumatic ordeal for the parties involved, and it is often further complicated by the burdensome decision of who keeps the property. Regardless of the situation, it's a good idea to order an appraisal from Ru Appraisals, LLC so both parties are entirely aware of the true market value of their house. The parties will have a clearer picture of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Determine an accurate and fair valuation for estate liquidationThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair 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. Most Americans don't have dedicated estate planners or executors to handle these issues, unlike wealthier individuals. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal. Relocate to or from Ocean County through an employee relocation programEmployee relocation is a stressful event, and we understand. We take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive characteristics of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our intensive inspection. Close on your home promptly — for the right priceWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees depend on our efforts to finish the appraisal report and and aren't related to the sales price. On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long housesare on the market. So, getting a professional appraisal is a reliable 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. 
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