Real Estate Appraisal West Orange .pdf
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Real Estate Appraisal West Orange
Welcome to Alta Associates Appraisals - Providing Clients in Northern New Jersey with Real
Estate Appraisal Services.
Types of Real Estate Valuation Appraisal Services:
Home Market Value Appraisal
FHA Approved Appraisals
Employee Relocation - ERC Appraisal
Divorce Settlement Appraisal
Purchasing or Refinancing
Conventional Mortgage Appraisals
Field & Desktop Appraisal Reviews
Prompt Turn-Around Times
High Quality Appraisal Reports
Contact Joseph Randazzo, Certified Appraiser, FHA approved. NJ home valuation expert.
Residential appraisal services as well as commercial. Need a property appraised ? Professional
New Jersey Real Estate Appraisers at your service.
Alta Associates Appraisals, Inc. provides appraisals
related to Purchasing or Refinancing, for First or Second
Mortgages including Home Equity Line of Credit
financing, for lending institutions, large or small, as well
as private individuals. For over fifteen years, we have
been servicing Banks, Appraisal management companies
and Credit unions, providing client/lenders with the most
accurate & promptly completed professional appraisal
reports available. We are dedicated to providing real estate appraisals making every effort to
assure that the results arrived at are the most indicative of market value, based on the latest
data, from the multiple listing services, tax assessors records, real estate professionals, as well
as other professional sources not available to the public. These extensive sources of data
provide us with information assisting us in obtaining access and utilization of the most similar
recent sales available.
Estate Planning & Settlement Appraisals
Real property value appraisals typically are required for
estate settlement purposes as well as estate planning by
providing an opinion of value placed on real property. We
understand the purpose and are used to dealing with all
parties involved. We provide estate appraisal reports that
meet the requirements of families and heirs, along with
the courts and various agencies, either retrospective or
current, establishing an opinoion of value via an estate appraisal to assist in settling an estate
Executors, Attorneys and Accountants can rely on our estate home value appraisals when
providing assistance, calculating and settling estates.
Settling an estate usually requires a real estate appraisal to establish Fair Market Value for the
residential property involved. Typically, the date of death differs from the date the appraisal is
requested. We are familiar with the procedures and requirements necessary to perform a
retrospective appraisal report with an effective date and opinion of Fair Market Value as of said
date of loss. The ethics provision within the Uniform Standards of Professional Appraisal
Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.
Homes in foreclosure and homes that have reverted to an institution's ownership present
special appraisal challenges. Alta Associates Appraisals, Inc, is experienced in providing this
For a property in foreclosure, we can supply the difference
between fair market value and "quick disposition" value, to
determine the potential charge-off liability. We have
experience in both providing snapshots of fair market value
for our mortgage lending and servicing clients, as well as
"quick sale" forecasts that understand your timeline.
Owners of property in foreclosure, of course, present special challenges. They may be unwilling
to allow an inspection of the property. If they have abandoned the property already, they may
have neglected care of the home for some time -- or worse, caused damage. Vacated homes
can also be subject to being broken into for the purpose of stripping the dwelling of copper
pipes and wiring, along with other materials. We have the experience and training to deal with
the special dynamics of a foreclosure real estate appraisal, and you should not hesitate to rely
In recent years Alta Associates Appraisals has
appraised thousands of residential properties, our
most utilized area of valuation expertise. The
residential real estate appraisal is a market based
valuation providing an opinion of a properties value.
Obtaining the most supportable and accurate
conclusion of value is extremely important,
especially during these times, where each market
varies. The benefit of using a Certified Residential
Appraiser is to determine the most realistic estimate of value of a home. The valuation service
provided is typically more accurate than those obtained, for example, via CMA's done by
realtors, AVM's utilized by lenders, and web sites that claim they can provide a homeowner
with an accurate value. This is typically not the case. Without inspection of the property by a
licensed experienced local certified real estate appraiser, an supportable valuation of your
property might not be determined.
For more information please visit