Attention homeowners in Elkins Park and Montgomery County: Need an appraisal?

Check out the top 7 reasons why PA homeowners hire JLK Appraisals LLC:

  1. Find the right listing price (whether you're using a real estate agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. Remove PMI to lower a monthly mortgage payment
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a PA divorce, where real estate property needs to be divided
  7. To determine the true market value of real estate in question to settle an estate

Do you own a home in or near Elkins Park? Do you need help determining the value of your real estate?
Contact JLK Appraisals LLC.

We at JLK Appraisals LLC understand the special needs of a consumer seeking appraisal services. Our customary business clients understand the appraisal process and the standard documents we provide. Being a person not in the real estate industry that most likely doesn't look at appraisals on a regular basis,you can expect extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our conclusions.

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

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at JLK Appraisals LLC, will be objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is very important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. It's something tangible to show the buyer. It's an independent third party's opinion of your home's price, and not just how much you think your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to an expert appraiser's value judgement than yours.

Need to remove PMI?

An attractive way to cut expenses 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". Your monthly payments will go down once your mortgage loan is down below 80% of the value of your house. In most cases you can apply to your lender to have the PMI eliminated from your loan. At JLK Appraisals LLC, we're experts in helping customers just like you abolish unnecessary PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your house overvalued if your home is not appreciating as much as other properties close by. This only means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better. An expert appraisal from JLK Appraisals LLC is your strongest weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender may choose to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. This can be be destructive to your credit score since it may appear as though that credit line is maxed out, and also unsuitable from a cash flow standpoint. JLK Appraisals LLC can help you reinstate your home equity line of credit with an expert appraisal.

We Also Offer Field and Desktop Appraisal Review Services

Would you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you desire a seasoned expert to double-check your appraisal for accuracy? In a field review we will go out and check the subject and comps. If you need it immediately, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide you with a a retrospective review of any appraisal report you may have had in the past. Even though this is typically requested by banks, you may wish to use this service if you suspect mortgage fraud related to your house.