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Avatar for Central Lending Svc Inc dba Credit Central
Central Lending Svc Inc dba Credit Central
4.8(
72
)
Appraisal - Real Estate

Serving Cross River, NY and surrounding areas

In business since 2003

Emergency services offered

"I knew it was going to be challenging to find an investor that would lend me money for this real estate venture.  I have lived 20 years in a four unit historic condominium building in downtown Jersey City and I wanted to buy the unit above me as an investment property.  But with Fanny Mae and Freddy Mac rules, they would not give me a loan because I would own half the building and this would give me too much control over condo association decisions.  I checked with Angie's List where Central Lending was well recommended and spoke with Mark, the president of Central Lending, about my situation and that I needed an unconventional loan outside of Fanny Mae and Freddy Mac oversights.  After many disappointments and on the very last day of my contract with the seller, Mark found a lender.  And on the very last day of the window to the loan, it closed.  I cannot thank Mark and his assistant Judy enough for their patience and steadfast of seeing this through.  I cannot tell you the emotional roller-coaster ride I went through during the 4 1/2 month duration.  There were many moments that I wanted to give up but Mark reassured me that the sale would happen.  Without Mark's personal intervention with the lender and title company, this deal would not have closed.   You can be sure that when I am in the market to buy unit #3, I will not hesitate to contact Central Lending.  Thank you so much."
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Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Cross River, NY and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
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Property Appraiser questions, answered by experts

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

Estate shutters are considered a high-end window treatment that increases home value. As previously mentioned, this project comes with an ROI of up to 75%. Shutters can also improve your home’s energy efficiency, especially if you choose PVC or faux wood shutters, which will lead to long-term savings on your energy bills.

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

The Cross River, NY homeowners’ guide to property appraisals

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