Monmouth County Appraiser

It is typical for property appraisers to focus on one or a few counties when offering their services. This is because each area has its own real estate environment, and what is important in one place may be less of a factor in another.

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The first time many homeowners become aware of the idea of a Monmouth County appraiser is when their tax bills come. Property taxes are based on the assessed value of the property, whether it has a building on it or is completely vacant. The one who does the assessing is typically called the "assessor," but this person is actually doing a specialized appraisal. Therefore, many people hire their own Monmouth County appraiser when they disagree with the county's opinion on this factor.

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A Mercer County appraiser is often hired for the same reasons. However, like appraisers elsewhere, one may be called upon for other reasons. One of these is to get a value of a house that has become part of an estate. Getting a base valuation is needed for most probate cases, and this is especially true if the property is to be sold and the cash split amongst multiple beneficiaries. The value of estate property is also needed for the filing of taxes, both by the estate and by the beneficiaries.

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Appraisers are also needed during the settlement of other legal matters, such as divorces. It is common for each party of a divorce to hire its own Mercer County appraiser to get values for a piece of contested property in order to bolster arguments about how the marital estate should be divided.

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Another reason there may be a need for a Middlesex County appraiser is to get property valued as part of a bankruptcy filing. This is one of the rare cases when the owner may be looking to prove a lower valuation instead of a high one. Federal bankruptcy law allows for a small amount of property and goods to be retained by the one who files, and making sure that it fits under this cutoff is paramount for someone who hires an appraiser for this. Then, the Middlesex County appraiser will look for reasons that the property is, indeed, of low enough value not to be seized for the settlement of the bankruptcy case.

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To hire a property appraiser in Middlesex, Mercer, or Monmouth County, just contact us here at Quality Real Estate Appraiser, LLC. We'll help you with all of your appraisal needs. We also offer consulting services to help you actually adjust the value of your real estate if need be.