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TRUSTED BY STANHOPE, NJ HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon24
    Verified property appraisals reviews

Find Property appraisers in Stanhope

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
75
)
Appraisal - Real Estate

Serving Stanhope, NJ and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
953 neighbors recently requested a quote
Avatar for Porter Place Appraisals
Porter Place Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Stanhope, NJ and surrounding areas

Approved

In business since 2006

Free estimates

Credit card accepted

"They are an outstanding appraisal company who work diligently on their real estate appraisals to help you determine value. I would highly recommend working with Porter Place Appraisals!"
Response time1 day
2 neighbors recently requested a quote
Recommended by100%of homeowners
The Curreri Group, LLC
4.7(
39
)
Appraisal - Real Estate

Serving Stanhope, NJ and surrounding areas

In business since 2010

Free estimates

Emergency services offered

"Joe and Patrick were extremely responsive and wonderful to work with. Joe gave me an appraisal based on very detailed, multiple factors, fully explained, which obviously took a great deal of effort to acquire during these difficult times. The Curreri Group was exceptionally professional in all respects, and I will definitely use them as my go to for all future appraisal needs."
Pre-listing
BBB A+ Accredited
Response time6 hrs
13 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Calstin Appraisal Services
Calstin Appraisal Services
4.9(
12
)
Appraisal - Real Estate

Serving Stanhope, NJ and surrounding areas

In business since 2003

Free estimates

Credit card accepted

"Norman Chambliss was very Professional and courteous. He accommodate my schedule and completed the appraisal with in the estimated time frame. I am highly satisfied with the transaction."
Response time9 hrs
Response rate94%
Recommended by100%of homeowners
Showing 1-10 of 34
Property Appraiser questions, answered by experts

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

The Stanhope, NJ homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.