Due to the recent downturn of home prices over the past several years a large percentage of homes in the New Jersey area are still being ‘taxed’ based on much higher property values prior to this decline. So there’s a very good chance you’re paying more than your fair share of property taxes!
Sometimes, matters like this can be resolved with a phone call. However, if after discussing your assessment with your local taxing authority you still feel as though your property has been overvalued, a professional, independent, third-party appraiser is often your best bet in proving your case.
That’s where the New Jersey Real Estate Appraisal Group, LLC comes in. There are a lot of different procedures for appealing tax assessments so it’s important to enlist the help of a professional appraisal company that’s experienced and trained in the ins and outs of the appeal process.
Prior to hiring an appraiser it often makes sense to do your own research before determining whether to move forward with a property assessment appeal, especially before making the decision of hiring a professional appraiser.
Keep in mind, according to the Uniform Standards of Professional Appraisal Practice (USPAP), we as appraisers are not allowed to take “shortcuts” — i.e., your research – and use it as face value as part of our independent evaluation. When you hire us for an assessment appeal, you’re commissioning us as an independent, third-party to perform a professional appraisal report.
As such, we do our own evaluation from beginning to end. If you’re correct that your property has been overvalued, an independent report such as ours will be more persuasive than any other evidence you can provide on your own. But once again it does depend on our ability to do the work independently.
Give us a call today with any questions you might have and also check out our ‘Praise’ page and see what others are saying about Alek Petreski and the New Jersey Real Estate Appraisal Group, LLC.
We put a top priority on a quality of product. We realize that he value of your property is not haphazard idea.We cross our “Ts” and dot our “I’s”‘. You can trust that accuracy is our first aim.
We boast a 48 – 72 hours turn times from order to delivery. No other appraisal office in our area can do that without cutting corners. We can promise it, and we do not cut corners.
With 20+ years in the business, we know the local market better than any other appraisal company. Knowing the market means knowing the true value of your property.