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« Back to articles from category "Real Estate"

The following article was published in our article directory on March 4, 2013.
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Hiring an NJ Property Appraiser

Article Category: Real Estate

Author Name: Mariana

An appraiser is needed by anyone who is selling, purchasing, mortgaging or otherwise disposing of his property. A property, especially a real or an immovable property, cannot just be appraised by anyone. The value of a property cannot be simply determined by how much it was originally bought for. In any property there is what is called appreciation and lowering in value.

When the property is in New Jersey, it would serve the owner well if he commissions an NJ property appraiser who will assess the actual value of the property. The appraisal of an NJ property appraiser is given great weight and respect when determining the consideration that will be paid by the buyer.

During settlement of communal properties in the course of a divorce proceeding, the lawyers and accountants of both parties rely greatly on what the appraiser says the value of the property is.

The opinion of an appraiser is given much weight because such opinion is actually based on reliable factors and accurate computations. An NJ property appraiser cannot conduct appraisals without being licensed by the state of New Jersey. And such licensure can only be obtained after accomplishing certain requirements and after passing the board-approved exam.

A person searching for an appraiser may look online for companies or individuals duly accredited as property appraisers. However, the search should not end here. In New Jersey, there are a number of accredited appraisers that one can choose from. But when choosing, it is imperative that one makes sure he gets a reliable and experienced appraiser.

As mentioned above, lawyers, accountants and the public give great weight to the appraisals made by appraisers in New Jersey. But the weight given to such appraisal still depends on the reliability of the appraiser. And the reliability of the latter is highly dependent on his reputation. Having said this, it is imperative that one commissions the appraiser whose appraisals can be relied on by the lawyers, accountants and the public.

When choosing for an appraiser to do the appraising for one's properties, there are factors that he may consider to make sure he is making the correct choice. The most basic factor is the license and certifications that the appraiser has.

It is worthy to note that an appraiser is either a trainee, or is licensed, is certified for general appraisals, is certified for real property appraisals, etc. The requirements to be a trainee, a licensed appraisal and a certified real property appraisal differ .

They vary in the educational requirement, in the kind of examinations taken, in the minimum experience, etc. Of course, this also goes without saying that the fees may vary. Some may require a higher fee compared to others. Either way, the person hiring the appraiser would benefit a lot from properly choosing the right and most appropriate NJ property appraiser to make an appraisal for his properties.

About the Author: Mariana is an expert when it comes to home appraisal. To find out everything about home appraisal, visit his website at njappraisalservice.com/.

Keywords: home appraisal,house appraisal,nj property appraiser,divorce appraisal,property values,licensed appraisers ,property tax appraiser new jersey new jersey

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