Reasons to consider an appraisal from Duncan Appraisals

Thousands of people in New Jersey purchase, sell or refinance their home every year. Many of these transactions include a simple line item for an appraisal. The majority of lenders still need a local expert because the stakes are very high, even though there are a budding number of automated home valuation systems that may seem more cost-effective than an appraisal. Is getting a mortgage the only basis for getting an appraisal? Are there more situations when the services of a certified, independent real estate professional could be beneficial? Of course there are.

Get a fair valuation on a home for divorce settlements

A divorce is often complicated by the strenuous decision of who keeps the property, and it can be an especially daunting ordeal for both parties. Regardless of the circumstances, it's a good idea to order an appraisal from Duncan Appraisals so both parties are entirely aware of the true market value of their home.

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

Determine an accurate and fair valuation for estate liquidation

The death of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.

Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these affairs. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Relocate to or from Bergen County for work

Employee relocation can be a stressful event, and we understand. 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 features of their property, along with information regarding any recent sales or listings in their area that they want considered during our intensive inspection.

Close on your home promptly — at the right price

Whether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees aren't related to the sales price, but rather they are calculated on our efforts to finish the appraisal report.

On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted way to decide what improvements will add value and what an appropriate 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 homes stay on the market.