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The following article was published in our article directory on March 7, 2013.
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Article Category: Real Estate
Author Name: Mariana
There quite a number of licensed appraisers in New Jersey. However, the challenge here is finding those who will give you what you most need as a property owner or buyer - an unbiased, intelligent evaluation. Below are the things you should look for or ask about that can help you find the right NJ property appraiser.
License and Accreditations
Once you have a list of licensed appraisers, the next thing you should do is narrow it down by inquiring about their license and accreditations. Make sure that they are licensed to practice in New Jersey, and not in another state. This does not guarantee a good work ethic or excellent service; however, that they have a license means they at least know what they're doing. Regarding accreditations, while these are also not a guarantee of quality service, knowing that they are members of credible and recognized organizations can at least assuage your fears of being conned.
Experience
Experience here refers to two things. First, while you can take a risk and hire a beginner property appraiser, as with finding a doctor or a house contractor, it is still better if you go for someone who has years of experience in this industry. Both types of appraisers may have studied all about property values and what affects these, but a seasoned professional can predict the market better based on relevant factors such as the economy.
Second, go for an appraiser who has done work in the neighborhood where your property is located if possible. A professional who knows the area can give you a more accurate assessment since he knows the local variables that can affect the market value of your property. These include health-care facilities, educational institutions, and fire and police departments, among others.
Past Clients
A great way to determine the kind of service you can expect from a licensed appraiser in New Jersey is the nature of the feedback of past clients: If the reviews are mostly negative, it's better if you take your business elsewhere. That said, do not forget to do your research first before you hire an appraiser. Search for customer reviews online, or ask him about his past clients. If you have time and energy to spare, contact them and ask about the quality of the service they received from him.
It is also important that you get the services of licensed appraisers in New Jersey who deal with consumers - not just mortgage loan officers and real estate brokers. As a consumer, you have a different set of needs compared to professionals in the real estate industry. If you hire an appraiser who works closely with other real estate professionals, he might not be as equipped to answer your questions or help you with your concerns compared to someone whose clients are mostly consumers like you. On a related note, be wary of professionals recommended by your loan officer or broker. There's always the risk that they are working together to get you to pay a high price for a property, or sell yours for lower than what is acceptable.
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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