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How do I Choose a Property Appraiser?

Property appraisel

Property appraisel

A homeowner may have reason to hire a property appraiser. Usually, the reason a homeowner calls a professional like Abbe Edelman to appraise their home it is because they are getting it ready to put back on the market for resale. The property appraiser will help determine what would be a competitive price for the property based on other recent sales of other similar properties in the same region. Sometimes, a property appraisal is requested simply because the NJ homeowner needs to know what the value of the home is. This is often done in cases which a property owner needs to know what they owe for taxes or to purchase an insurance policy for the property. They may also need an appraisal if they are going to use the home for collateral for a loan. Whatever the reason, the selection of a property appraiser is a very important process. The following are four of the most important considerations to be made when hiring an appraiser. Read the rest of this entry

Winter is a Good Time to Buy a House

Sold Sign

Sold Sign

As the housing market makes its slow but steady comeback, property appraisers such as Abbe Edelman are busy appraising available homes. The overall house value, or fair market value of a piece of property can depend on the fluctuations of the market and what other similar housing units are going for at the time. During the last quarter, home sales were reportedly up as were home prices. In August of this year prices were up nearly 5% over what they were last year in August. This is actually a substantial increase from what we have seen over the last 5 or 6 years. With home prices staying reasonable, many people are venturing back out and willing to think about purchasing a home again. Many experts say that the best time to purchase a house is in the winter. Here are some pros and cons for buying a house in the winter months. Read the rest of this entry