Appraising in Hunterdon County is similar to appraising in counties that are farther east in some ways and different in others. When appraising residential property, the sales comparison approach is always the dominant way to determine fair market value. In this approach, the appraiser will gather information about the subject property (or property to be appraised) and then research comparable sales that have sold recently on the Multiple Listing Service (MLS).

As a real estate appraiser, I’ve been asked many times what my approach is to determine fair market value. While there are three main approaches to value (income, cost, and sales comparison), for residential appraisals the sales comparison approach is almost always used. The other two approaches are more often used for income producing properties and unique structures.

As residential real estate appraisers, we understand that hard times can happen. We’re here to help you with getting your home’s value accurate and in an efficient way. When filing for bankruptcy, an attorney will often recommend having a certified appraiser perform a fair market valuation report. Hiring an appraiser that understands the complexities in these difficult circumstances can help aid in a smoother process and beneficial result.

It is no secret that residential real estate is up in value. It’s not only people fleeing the city for the suburbs, home values have increased across the nation.

You are thinking about selling your home and you don’t have a good idea about the fair market value. There are several ways you can obtain more information.

If you are an immigrant who has been working in the United States, own a home and wish to acquire American citizenship, an application must be completed. As part of the process, the Department of Homeland Security requires you to complete an Affidavit of Support.

The real estate appraisal is a key component to any purchase or refinance transaction. Some people fear of the dreaded low appraisal, since it could essentially cause a deal to fall through, however there are a number of ways you can plan and prepare to make your home’s best impression.

Would you ever leave the value of your home to luck? Maybe I’ll list my home at $10,000,000 and see if I get lucky.

You’re thinking about selling your home but you don’t know how much it is worth. You can jump on Zillow and Trulia, but how reliable are they?

How well do you know the current Summit real estate market? The information below can be helpful for your own knowledge or with making decisions if you are considering moving into or out of Summit. I have been a resident of Union County for the past 13 years and have spent that time as a local appraiser to the Summit area.