Mortgage Appraisal In NYC

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Why Do You Need A Mortgage Appraisal In NYC?

So, you’re ready to start the application process for your next mortgage. Now, what? For the vast majority of lenders, a property appraisal will be required to determine the value of the prospective property, and working with an expert appraiser in NYC can help guarantee you get the most accurate information possible for your mortgage. In fact, a reliable mortgage appraisal can help reduce the overall costs of the real estate transaction for buyers and sellers alike.

How Our NYC Property Appraiser Can Help

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Appraisals For Buyers

Appraisals are typically requested by the lender during the mortgage application process but are also a key component of the underwriting process as well. This evaluation is used to determine how much money a lender is willing to loan to you for your home. Without it, you could be subjected to a number of added costs, including:

  • Taking a smaller loan and requiring more money out of pocket.
  • Additional PMI (Private Mortgage Insurances) rates on your monthly payment.
  • Lack of ability to refinance your home based on current market conditions
Ultimately, an unbiased accurate property appraisal protects the interests of all parties involved in the process, regardless of the home’s value.

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Appraisals For Sellers

Although most property appraisals are geared towards potential buyers, it can also benefit the seller to know the true market value of their home, ensuring that they aren't being taken advantage of during the transaction.

What Our Clients Say About Us

Block Appraisals
Based on 140 reviews
Scott's the best appraiser I've worked with. He's incredibly knowledgeable, super thorough and really responsive. I've used him multiple times now on important projects and he's been a dream partner. I can't recommend him highly enough!
Scotts’ experience and professional demeanor was evident through the entire appraisal process. His responsiveness and attention to detail made me realize that choosing Block Appraisals was the right decision. I highly recommend them.
We had an excellent experience with our appraisal completed by Scott. The report was extremely thorough, detailed, and clearly well-researched. Every aspect of our unit was carefully evaluated and accurately documented. Communication throughout the process was professional, timely, and transparent. We truly appreciated Scott’s attention to detail and would highly recommend him to anyone in need of a reliable and accurate appraisal.
After working with multiple appraisers, I can confidently say this experience truly stood out. Scott was extremely professional and meticulous, taking the necessary time to thoroughly research the market and select accurate, truly comparable properties. The final report was detailed, well-supported, and clearly reflected real effort and expertise. It was refreshing to work with someone who approached the appraisal with such care and attention to detail. I highly recommend Scott’s services.
I had a great experience working with Scott for my property appraisal. He was professional, thorough, and incredibly knowledgeable about the local Staten Island market. He took the time to explain his process, answer my questions, and provide clear reasoning behind the valuation. The report was detailed, well-supported, and delivered quickly.

It’s clear he takes pride in his work and cares about accuracy and transparency. I’d definitely recommend Scott and Block Appraisals to anyone looking for a reliable, honest, and straightforward appraiser.

Highly recommended.
I had a fantastic experience with Fred during the appraisal of my home.they were incredibly professional punctual and communicated the entire process
I highly recommend working with Block Appraisals. My husband and I worked directly with Scott and his associate to get a residential building appraised. He is super detail oriented, great with communication and was very patient with all our questions.
The appraisers evaluated our two-bedroom in Astoria efficiently and professionally. They understood the local market dynamics and recent development in the area. Got the report back in five business days which met our timeline perfectly.
Needed an estate appraisal for tax purposes after my father passed. Scott was professional during a difficult time and provided documentation that satisfied the IRS requirements. Their expertise with estate valuations made the process much smoother.
Reliable service from experienced appraisers . Would recommend Block Appraisals
I contacted scott to get my parents house appraised to sell the property.He advised me to get a date of death appraisal as my parents has passed away.He completed the appraisal on time and kept in touch with me through the process.I would recommend him to anyone who needs his services.
Scott was very responsive and professional. I like his competence and attitude. I will work with him again and introduced him to my client.
Scott helped us get two appraisals done with attention to detail and patience as we are new to this experience. Thank you! We highly recommend Scott and his team!
My mortgage broker recommended Block Appraisals for a private appraisal for a date of death, and they did a solid job. Scheduled quickly, showed up on time, and sent the report back in a timely manner. Would use again.
Had to get an estate appraisal done for my aunt's property in Queens. Scott completed everything within the timeline our lawyer needed, and the valuation was well-documented. Helped us settle things without any complications.
Overall great experience with professionals. Solid appraisers and fair pricing.
It was easier to understand and was able to finish my task in a timely fashion
Solid appraisers, fair pricing
Hired them to appraise my small commercial space in Brooklyn. Professional service from start to finish. The appraisers were familiar with the area and the valuation made sense.
I needed an appraisal for refinancing my co-op in Queens. Scott came out the same week I called and had the report back to my bank in a few days. Everything was thorough and my lender accepted it without any issues.