Attention homeowners in North Haledon and Passaic County: Get an Appraisal today!

Here are the top 7 reasons NJ homeowners call on Vincent Melone:

  1. Get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. Challenge property tax assessments
  3. Remove PMI to lower your monthly mortgage payment
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. To review another appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. Settle an estate in NJ by determining the true market value of real estate in question

Do you own a home in or near North Haledon? Do you need help determining the value of your real estate?
Contact Vincent Melone.

We at Vincent Melone understand the special needs of a customer after appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

Pre-listing Services/For Sale By Owner (FSBO)

Since you have an emotional attachment to your home, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is very valuable as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your house will attract buyers. It's something tangible to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much your house is worth. Potential buyers know you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value assessment than yours.

PMI Removal Appraisals

A preferred way to save money for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan is down below 80% of the value of your property, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. Vincent Melone is seasoned in helping customers just like you remove unwanted and unneeded PMI insurance.

Challenging a property tax assessment

Lets say your home is not appreciating as much as other properties close to yours -- your local tax assessor may have your home overvalued. That only means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. A professional appraisal from Vincent Melone is your number one weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area -- even if your specific property has not declined in value. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow point of view. Vincent Melone can help you reinstate your home equity line of credit with efficient appraisal.

Need Field and Desktop Appraisal Review Services?

Do you need a seasoned professional to double-check your appraisal for precision, or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? Vincent Melone offers field reviews where we'll go out and check the subject and comparables in question. If you need it ASAP, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

Do you need a retrospective review of an appraisal report? Vincent Melone can help you with that. While typically requested by banks, you may desire to employ this service if you suspect mortgage fraud related to your home.