Appraisal services for Wayne and Passaic County homeowners

The top reasons NJ homeowners need NJ Valuation:

  1. To get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
  2. Challenge property tax assessments
  3. Remove PMI to lower your mortgage payment
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Verify a different appraiser's report
  6. If property needs to be divided because of a divorce
  7. To determine the true market value of property in question to settle an estate in Passaic county or NJ

Do you own a home in or near Wayne? Do you need help determining the price of your real estate?
Contact NJ Valuation.

At NJ Valuation, we understand the individual needs of a consumer looking for appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, attorneys, and CPAs. Being a regular consumer that ordinarily doesn't see an appraisal on a regular basis,you'll receive extra guidance and explanations through the appraisal process to better understand what we do and how we present the results of our analysis.

For Sale By Owner/Pre-Listing Services

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 NJ Valuation, are objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your home will attract many interested buyers, a professional appraisal is a crucial negotiating tool once you have a potential buyer. The appraisal is something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much you think your home is worth. Interested buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to an expert appraiser's value assessment than yours.

Appraisals to cancel PMI

A preferred way to cut costs for homeowners is getting the PMI eliminated 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 home. In most cases you can apply to a lender to have the PMI canceled from your loan. At NJ Valuation, we're experienced in helping folks just like you do away with unwanted PMI insurance.

Challenge Tax Assessment

Your local tax assessor may have your home overvalued if you live in a region that is going down or not appreciating as much as other houses close by. That means you're most likely paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better. A professional appraisal from NJ Valuation is your chief weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender may choose to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area -- even if your specific property has not declined in value. Not only can this be inconvenient from a cash flow standpoint, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from NJ Valuation can help you reinstate your HELOC.

We Offer Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for preciseness, or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from NJ Valuation can go out and check the subject and comps 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? We can We can assist you While typically requested by banks, you may want to exploit this service if you suspect mortgage fraud related to your house.