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Let JAMES HENRY CRUPI LLC. handle your appraisal needs

Thousands of people in New Jersey purchase, sell or refinance their home every year. Most of these transactions have a simple line item for an appraisal. Even though there are an increasing number of automated home valuation processes that may appear to be cheaper than an appraisal, the majority of lenders still need a local expert because the stakes are very high. You might believe that obtaining a mortgage is the only basis for getting an appraisal, but there are additional instances when the services of a certified, independent real estate professional might come in handy.

Let JAMES HENRY CRUPI LLC. assist you in lowering your mortgage payment

Challenge your tax assessment

It's quite possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are determined by a previous assessment of your house, so if prices are less than what they used to be in your area, you can appeal your assessment and save money. When building your case, an appraisal from us is your best evidence. We're qualified to assist you in challenging your tax assessment.

Eliminate PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance policy that most lenders ask homeowners to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the home. This extra payment is often folded into the monthly mortgage payment and is promptly forgotten. This is bad because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to eliminate PMI, JAMES HENRY CRUPI LLC. will produce a statement regarding the value of your home. The expense of the appraisal can usually be regained in a short amount of time because you'll no longer be paying the PMI.

Order your appraisal from JAMES HENRY CRUPI LLC. today

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Divorce settlement with less stress

A divorce is a particularly horrible experience for the parties involved, and it is often more complicated by the troublesome decision of who gets the home. It's a good idea to order an appraisal from JAMES HENRY CRUPI LLC. so both parties are fully aware of the true market value of their house, regardless of the situation.

The parties will have a better idea of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Ascertain an accurate and fair valuation for estate liquidation

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 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.

Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these affairs. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Move to or from Monmouth County for work

We understand the headaches associated with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, along with information about any new sales or listings in their area that they want considered during our thorough inspection.

Close on your home promptly — at an accurate price

Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees rest on our efforts to complete the appraisal report and not a percentage of the sales price.

On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long housesstay on the market. So, seeking a professional appraisal is a trusted way to decide 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.

Let JAMES HENRY CRUPI LLC. help you sell your home quickly at the right price