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Tortorella Appraisals Inc.
5.0(
3
)
Appraisal - Real Estate

Serving Red Hook, NY and surrounding areas

In business since 2019

Free estimates

Credit card accepted

We are committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade, combined with ability, is what makes us true professionals. Above all, we are watchful of our customer's interests and make their concerns the basis of our business.\nM-F 8-5

Response time2 days
Recommended by100%of homeowners
Taft Appraisal Service
New to Angi
Appraisal - Real Estate

Serving Red Hook, NY and surrounding areas

In business since 1992

Credit card accepted

Our first responsibility at Taft Appraisal Service is to inspect the property to determine its true status. We must see features hands on, such as the number of bedrooms and bathrooms, the location, and so on, to ensure they truly exist and are in the shape a reasonable person would expect them to be. No matter what type of real estate you have, our experience and hours of study as licensed appraisers make us qualified to provide home valuations in Dutchess County for clients ranging from national mortgage companies, to local lenders or individual businesses and consumers.

Response time10 hrs
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Property Appraiser questions, answered by experts

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

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.

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.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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 Red Hook, NY homeowners’ guide to property appraisals

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