There are lots of reasons consumers call on Shore Valuation, LLC

Thousands of people in New Jersey buy, sell or refinance their home every month. Most of these transactions consist of a simple line item for an appraisal. The majority of lenders still want a local expert because the stakes are so high, even though there are an increasing number of automated home valuation systems that might seem less expensive than an appraisal. You might assume that securing a mortgage is the only basis for getting an appraisal, but there are additional instances when the services of a licensed, independent real estate professional could be beneficial.


	Contact Shore Valuation, LLC if you're planning on any transaction where the value of your property is a factor. Just click here

Appeal your tax assessment in Atlantic and Cape May Counties

If you reside in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Shore Valuation, LLC is your best evidence when building your case. At Shore Valuation, LLC, we're capable of assisting you in disputing your tax assessment.

PMI removal will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance policy that nearly all lenders ask buyers to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. Seeing that additional payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to get rid of PMI, Shore Valuation, LLC can provide you with a statement regarding the value of your home. The price you paid for the appraisal can usually be regained in just a few months because you'll no longer be paying the PMI.

An appraisal from Shore Valuation, LLC will help you settle a divorce with less stress

A divorce is often complicated by the difficult decision of who gets the home, and it can be a very traumatic occurrence for both parties. It's a good idea to order an appraisal from Shore Valuation, LLC so both parties are entirely aware of the true market value of their property, regardless of the circumstances.

If the parties need to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Accurate and fair estate liquidation with Shore Valuation, LLCSettling an estate

Losing a loved one is a hard 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 utmost degree of discretion.

Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to handle these matters. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.

Relocating to or from Cape May County?

We are aware of the headaches involved with an employee relocation. We take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed process, we suggest relocating employees to provide input on the positive aspects of their property, along with information regarding any current sales or listings in their neighborhood that they want considered.

Don't sell out for too little or let your home stay on the market too long.

Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision regarding your selling price. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't a percentage of the sales price, but rather they are based on our efforts to complete the appraisal.

On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a reliable way to decide 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 houses stay on the market.