A J Real Estate Appraisal Service

read moreA 20% down payment is typically accepted when purchasing a home. The lender's only liability is often just the difference between the home value and the amount due on the loan, so the 20% adds a nice cushion against the expenses of foreclosure, selling the home again, and regular value variations in the event a purchaser defaults. During the recent mortgage upturn that our country recently experienced, it became customary to see lenders only asking for down payments of 10, 5 or even 0 percent. A lender is able to endure the added risk of the low down payment with Private Mortgage Insurance or PMI.

read moreTo many, an appraisal just looks like another cost on the settlement sheet for a mortgage or refinance. And even though there are a developing number of automated home valuation processes that may appear to be more economical than an appraisal, the majority of lenders still need a local expert because the stakes are incredibly high. You might think that getting a mortgage is the only reason to get an appraisal, but there are other cases when the services of a certified, independent real estate professional could be helpful.

read moreMost localities determine your property tax burden based on an ad valorem assessment of the property's value. Sometimes, as a property owner, you get an unwanted surprise in the mail telling you your taxes are going up, and sometimes it may seem as though your assessment is too high. Often, matters like this can be resolved with a phone call. However, if after discussing your assessment with your local taxing authority you still feel as though your property was overvalued, a professional, independent, third-party appraiser is often your best bet in proving your case.

read morePeople nowadays buy nearly everything from the Web. Now it's just as easy to order an appraisal online. At A J REAL ESTATE APPRAISAL SERVICES we're always happy to take your appraisal request by phone or even a fax machine. However, ordering electronically is mutually advantageous. What are several of the advantages of online ordering with A J REAL ESTATE APPRAISAL SERVICES?

read moreGetting real estate is the most important investment many people could ever make. Whether it's where you raise your family, an additional vacation home or an investment, purchasing real property is a detailed financial transaction that requires multiple people working in concert to make it all happen. Practically all the people involved are very familiar. The real estate agent is the most familiar person in the transaction. Next, the mortgage company provides the money required to bankroll the exchange.

read moreMore and more homeowners today are choosing to sell their homes FSBO (For Sale By Owner) and foregoing the help of a real estate agent. Selling your home by this method can end up saving you a potential "hefty" commission (industry average is 5-7% of the home's selling price).Plus many FSBO sellers feel that they have more control in the process of selling their home since they're in essence making all the rules. According to the National Association of Realtors, over 70% of all homebuyers now use the Internet to search for homes so if your house isn't on the internet, it should be.

read moreWhy should you get an "appraisal" when you're not actually going through the process of trying to get a loan? After all, what you just may want is some data on local homes. We understand the complexities of buying a home and know what you are going through. Our appraisals are a sure way you can come to a knowledgeable buying decision.

read moreWhether it's a estate (date of death), for sale by owner (listing), trust, starter home or luxurious new construction, our knowledge of local neighborhoods and formal training as licensed appraisers make us qualified to provide home valuations for clients ranging from mortgage companies/local lenders/individual businesses/consumers.