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Dennis Aarons & Associates, Inc.
4.5(
38
)
Appraisal - Real Estate

Serving Katonah, NY and surrounding areas

In business since 1979

Free estimates

Emergency services offered

"I recently worked with Dan on a real estate appraisal. After speaking with a few appraisers, I chose Dan because he took the time to thoroughly explain the process, including IRS-qualified appraisal criteria, which made me feel the most comfortable. I was very impressed with his professionalism and expertise. He was punctual, thorough, and delivered a comprehensive report quickly. I highly recommend Dan and would work with him again in the future."
Response time8 hrs
Recommended by80%of homeowners
Avatar for Central Lending Svc Inc dba Credit Central
Central Lending Svc Inc dba Credit Central
4.8(
72
)
Appraisal - Real Estate

Serving Katonah, NY and surrounding areas

In business since 2003

Emergency services offered

"This is the second time I've turned to Mark for help in getting a home loan. The reason I'm a repeat customer is that Mark is great. He always gets me the absolute best rate and is an honest, tell-it-like-it-is person - so very appreciated during the confusing and scary process of getting a mortgage.
I tend to run a little on the neurotic side, and Mark handled my constant badgering and near freak-outs with great finesse, providing just the right amount of hand-holding and straight-up advice. This time around, I bought my home through a private sale, meaning neither party used a realtor. So I needed even more attention and guidance. Mark not only did a great job with the mortgage, he also gave me invaluable advice on issues related to the sale but outside his scope, such as home inspection.
A big THANKS to Mark. I couldn't have done it without you and Judy!


"
Additional Photos
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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.

Yes, built-in bookshelves can be worth the investment and can add value to your home, especially when constructed from high-quality, timeless materials like luxury hardwood. They offer a practical and stylish storage solution that utilizes wall space effectively. While they cost more than store-bought units, the custom fit and potential to increase your property's resale value make them a desirable feature for many buyers, particularly for homeowners with large book collections. For the best return on investment, consider having them professionally built.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

The Katonah, NY homeowners’ guide to property appraisals

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