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Find Appraisal real estate pros in Medford

Avatar for HOME LAND APPRAISAL, INC
HOME LAND APPRAISAL, INC
4.8(
20
)

Serving Medford, NY and surrounding areas

Approved

In business since 1987

Free estimates

Emergency services offered

"Ash was a pleasure to deal with. He knew exactly what I needed done and was very responsive, courteous, and professional. I was referred to Anthony, the appraiser who covers the Westchester Area. Anthony reached out to me right away and he was very accommodating in working his schedule around my availability. He was very friendly and knowledgeable. The whole process was completed in less than a week. I was very satisfied with the detailed appraisal I received and I would definitely turn to Homeland again for any future appraisal needs."
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+7

40 neighbors recently requested a quote
Recommended by66%of homeowners
Avatar for EBJ Associates, LLC
EBJ Associates, LLC
4.4(
34
)

Serving Medford, NY and surrounding areas

Approved

In business since 2004

Customers say: Terrific value

"They did exactly what i hired them to do which was an appraisal of my property. They were on time and the turnaround time was great. They did a good job at a good price. Nothing not to like about them."
Response time6 hrs
7 neighbors recently requested a quote
Recommended by93%of homeowners
Avatar for Central Lending Svc Inc dba Credit Central
Central Lending Svc Inc dba Credit Central
4.8(
72
)

Serving Medford, 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
Showing 1-10 of 40
FAQs for appraisal real estate service projects in Medford, NY

The appraisal timeline begins with scheduling, which may take three to five days, depending on local appraiser availability. The on-site evaluation requires one to three hours based on property size and complexity. Following the inspection, appraisers need two to five days for research, analysis, and report preparation. The entire process takes seven to 10 days, though complex properties or government-backed loans may extend this timeframe.

The value of home appraisals extends beyond their immediate expense. They protect buyers from overpaying and help lenders ensure appropriate loan amounts. By providing independent market value verification, home appraisals help prevent potential financial missteps in major property transactions. This protection justifies the upfront cost for most real estate scenarios.

Home appraisers evaluate numerous property elements, including square footage, floor plan functionality, overall condition, and specific features. They document improvements, necessary repairs, and distinctive amenities. These observations are compared against similar properties recently sold in the neighborhood. Appraisers also consider location factors, current market conditions, and relevant zoning or property restrictions.

Yes, home appraisal fees are collected before the final closing. Since lenders require completed home appraisal reports before finalizing loan approvals, this cost occurs earlier in the transaction process. While buyers usually cover this expense, payment methods vary—some pay directly to the appraiser while others include it in closing costs.

Some property owners successfully use recent appraisals when challenging tax assessments. However, tax-assessed values often differ from market valuations. The appeal process involves submitting your appraisal as evidence that the tax authority's valuation exceeds actual market value. Success rates vary by jurisdiction, and the process may require patience and persistence.

From the buyer's perspective, appraisals verify they aren't overpaying for a property. Lenders won't approve financing that exceeds appraised value, potentially requiring buyers to renegotiate or contribute additional cash. Appraisal findings can also inform future improvement planning and investment decisions.

For sellers, preparation makes a difference. Clean, well-maintained properties present better during appraisal evaluations. Some sellers obtain pre-listing appraisals to establish appropriate asking prices, though most rely on the buyer's lender-ordered appraisal during the transaction process.

The Medford, NY homeowners’ guide to appraisal real estate services

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

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