SERVING NEW YORK, New Jersey & FLORIDA
Residential Appraisals
A LEADING VALUATION FIRM OFFERING EXPERTISE IN COMMERCIAL & RESIDENTIAL REAL ESTATE
Our team of experienced appraisers merges deep insight and industry experience to produce unbiased and accurate valuations that align with the market. We take pride in our work and hold ourselves to the highest standards of professionalism and accuracy. Our commitment to providing USPAP-compliant appraisals ensures that we meet the needs of our clients while adhering to industry regulations and guidelines.
We provide comprehensive, accurate, and easily understandable appraisal reports that are supported by rigorous research and analysis. We strive to provide outstanding quality in every report and our commitment to exceptional service and attention to detail is second to none.
Take the first step and get in touch with our appraisers today. Discover how we can assist you in navigating the complexities of the real estate market with ease and expertise. Contact us now for personalized guidance and support.
Estate tax liability. Disposition of assets under a will or in probate. There are many situations — none of them lacking stress and complexity — where you might need an appraisal of property that states an opinion of what the property was worth on a date some time ago, rather than when the appraisal is ordered. For estate tax purposes or disposition of the assets of a decedent, a “date of death” valuation is often required. (Sometimes, the executor of the estate may choose to have the date be six months after the date of death — but the same principles apply.)
Attorneys, accountants, executors and others rely on appraisals for “date of death” valuations because such appraisals require special expertise and training. They require a firm that’s been in the area for some time and can effectively research comparable contemporaneous sales.
Real property isn’t like publicly traded stock or other items which don’t fluctuate in value very much or for which historical public data is available. You need a professional real estate appraiser, bound by the Uniform Standards of Professional Appraisal Practice (USPAP) for a high degree of confidentiality and professionalism, and you need the kind of quality report and work product taxing authorities and courts need and expect.
Divorce settlements involve many decisions, including “Who gets the house”. There are generally two choices regarding common real estate – it can be put on the market and the proceeds split, or one party can “buy out” the other. In either case, one or both parties would be wise to get an appraisal of the residence.
When the reason for an appraisal is a couple splitting up, it must have a well-established, expert value conclusion that will hold up to a judge. When you order an appraisal from Regional, you are assured the best in service with courtesy and top notch analysis. Working through the particular needs of a divorce situation is somewhat matter-of-fact for us.
Attorneys in NY as well as accountants depend on our values when ascertaining real property values for estates, divorces, or other disputes depending on a value opinion. We have a lot of expertise dealing with all the parties involved and can readily handle your needs. We submit appraisal documents that fulfill the requirements of the courts and various agencies.
As a lawyer working with a divorce, your case’s evidence often needs an appraisal to determine fair market value for the residential real estate involved. Many times the divorce date differs from the date you ordered the appraisal. We are familiar with the methods and all that it takes to perform a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. For each divorce appraisal we handle we remain mindful of the fact that they need to be handled with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, resulting in the utmost discretion.
Real Estate in foreclosure and properties that have returned to the institution’s possession present special appraisal problems.
When dealing with a home in foreclosure, it’s important to know the difference between fair market worth and “quick disposition” value to know your likely charge-off liability. The professionals at Regional Real Estate Appraisal Service Ltd. can provide both snapshots of fair market value for our mortgage lending clients, in addition to “quick sale” forecasts that respect your timeline.
So many people are blown away when they find out that the market value of their home is much more than they thought, so investing in a professional appraisal actually allowed these people to get several thousand dollars over what they thought they’d get for their home. An appraisal helps those who have an inflated opinion of their home’s estimated value to realistically price their home in order for it to sell. An overpriced property will not attract serious potential buyers, which means you have wasted time on money and are left with no offers. Each month that your home is still sitting on the market is another month you have to pay its mortgage. In the meantime, you’re stuck paying the mortgage while your home is still sitting on the market.
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
Part of Regional’s focus is to create top-notch, ethical appraisals that attorneys can rely on. Usually, the parties involved will have differing suggestions of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In our company, we are used to dealing with the courts in creating appraisals that out-strip their necessities.
If someone close to you needs a bail bond to be discharged from custody, your property can be put up for bond as a substitute for a cash bond. First, the property value must be established so the court can be sure that it will cover the set amount of the bond. A licensed appraiser will perform a bail bond appraisal to estimate the value of your home so that it can be used for bail bond. This is called a property bond.
If you’re a bondsman in need of a bail bond appraiser, you found us. Contact us today to learn more about our appraisers and services.
If you’re planning on selling your home soon, an appraisal is absolutely necessary. An appraisal is worth the money in the long run. Unless a homeowner spends hours every week on real estate valuation, like a professional appraiser does, it’s difficult for them to understand the nuances of local real estate values.
While important, an appraisal is not about the costs of purchasing and upgrading your home, or how much you want to sell it for. Instead, an appraisal assesses the true market value of your home.
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An appraisal fee for a property is determined by several factors, including its location, uniqueness, and the intended use of the appraisal report.
If you’re in need of a commercial or residential property appraisal, please complete the contact form to get in touch with us.
Our team of experienced appraisers will take the time to understand your specific needs and requirements, and provide you with a customized quote for our appraisal services.
contact
Phone: 845-786-7374
Email: orders@regionalvaluations.com