Sean has been an Ocean County resident for 40+ years. Over this time, he has established an in-depth knowledge of the surrounding real estate markets and the developmental history of local communities. He has been working in the real estate industry since 2011 focusing on single-family residential, condominiums, 2 to 4 family rentals, real estate owned property, FHA, investment “Fix and flip” properties and new construction dealing with as is, as repaired, liquidation and retro values. He is also a New Jersey Certified Tax Assessor. Understanding the value of residential real estate in a client’s portfolio is essential to thorough representation and advisory services. Whether negotiating a divorce settlement, insurance claim, tax matter, or purchasing a home, you can have confidence in his final product.
Rest assured that Sean Hoerster Appraisal Services, LLC. is an FHA-approved appraisal provider in NJ. SH Appraisal Services, LLC. is qualified and approved to do reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at SH Appraisal Services, LLC. is well-trained on how to follow the rules and regulations provided.
An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lenders with safety by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Available to all homebuyers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA offers are extremely useful to buyers with less starting capital.