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Real Estate Appraisals in New York

A home purchase is the most serious investment most people could ever make. It doesn’t matter if it’s where you raise your family, a second vacation property or one of many rentals, purchasing real property is a detailed transaction that requires multiple parties to make it all happen.

Home Appraisal Group is a professional real estate appraisal company servicing New York. Whether you are buying or selling a property, you want to know the true value of the real estate in question. This information ensures that all parties get a fair deal. Which will protect you from buying or renting a property with unseen issues or selling your asset for less than its worth. 

Home Appraisal Group are professional and experienced real estate appraisers in New York. We provide a straightforward process and you can be confident that you will receive accurate and unbiased information on the estimate of your asset. Real estate appraisals are necessary for many in a variety of situations, including people undergoing bankruptcy, trying to buy or sell a house, planning an estate and calculating their taxes.

REAL ESTATE APPRAISAL SERVICES

If you need an real estate appraisal in New York, we got you covered. Our team of certified and licensed real estate appraisers will provide you with the right information for any of your real estate needs. Our areas of real estate appraisal include the following services: 

  • Single-Family Residential 
  • 2-4 Unit Multi-Family 
  • 5+ Unit Condominiums
  • Land Value
  • Reverse Mortgages
  • Estates/trusts
  • Tax Assessments and Appeals
  • Pmi Removal
  • New Construction
  • Review of Appraisals
  • Property Bond Appraisals
  • Mortgage Financing or Refinancing

If you need any of the above home appraisal services, contact our appraisers today at (215) 531-7479.

HOME APPRAISAL PROCESS

Our real estate appraiser in New York will walk you through the home appraisal process. In general, it can take up to a week to go from the date of inspection to the appraisal report. Once the appraisal is ordered, a real estate appraiser will come to inspect the property. Depending on the type of loan you get, your appraiser will inspect certain areas of the property. 

Then the real estate appraiser creates a report with fair market value of the property. It should contain detailed descriptions of the property, including its condition and its basic and unique features. If the home is appraised at or above purchase price, the loan can be processed as usual. If the home is appraised lower than the agreed purchase price, more steps will be required to finalize the agreement. 

The real estate appraiser will then analyze the collected data to determine the appropriate approaches to value the property. The real estate appraiser has the option to use the Sales comparison approach, Income approach, or the Cost approach to value the type of valuation and property, the intended use, and its quality to obtain an opinion of market value.

REAL ESTATE APPRAISAL COST

When you turn to Home Appraisaising Group, you will work with a team of professional real estate appraisers that value open, honest communication. A typical home appraisal costs in New York can be around $300-$450. However, real estate appraisal cost varies depending on many factors, including:

  • Size of the home
  • Condition of the property
  • Level of detail involved in the appraisal; a large home or property can impact the cost of the appraisal

INTERIOR AND EXTERIOR APPRAISALS IN NEW YORK

The job of our real estate appraiser is to assign a total, unbiased market value to the property. In order to provide this information, we need to look for certain things that can affect the price for either the seller or buyer. Some of the factors that our experienced real estate appraiser takes into account are health and safety hazards, structural integrity of the home, condition of the home, upgrades or improvements, visible defects and any conditions set by the lender.

A few exterior things our licensed real estate appraiser looks at are the total land area or acreage of your property, condition of the roof, foundation, chimney, driveway, your property’s curb appeal, overall condition and structural integrity of your property. You can expect our professional real estate appraiser to inspect the interior of your home; this may include the amount of livable space, number of bedrooms and bathrooms, working HVAC system, any lead or peeling paint if the property was built before 1979, electrical and plumbing, the condition of the walls, floors and windows and potentially any pests.

Home Appraising Group

TRUSTED HOME APPRAISERS IN NEW YORK

Our professional real estate appraisers in New York are experienced and trustworthy. You can be confident that your property’s valuation will be accurate and unbiased. Home Appraising Group will provide you with the information you need to make the right decision. Whether it’s buying your future home or investing in new properties, you can count on us to deliver. 

If you want to work with real estate appraisers, you can trust, contact our home appraisal team at (215) 531-7479.