An independent appraisal from Anthony N. Federico, RA of RESIDENTIAL APPRAISAL & CONSULTING SERVICES (978) 521-3349 could save you money when buying residential property in Essex County
As a buyer, it might be that an independent appraisal or "limited scope consulting service" isn't something that you feel you need or want when buying a property - but you definitely do need some professional assistance gathering objective and impartial information from a source that is independent of the market price you will ultimately pay to acquire a property. As a real property Appraiser and Consultant for the past 30 years, I have valuable specialized knowledge and expertise about property economics, the dynamics of specific housing markets and segments, the diversity of area housing stock, transaction information, emerging local and regional trends, construction quality, residential building and energy conservation codes, mortgage underwriting stipulations and investor requirements for collateral financing and a technical understanding of relevant characteristics pertaining to legal, economic and physical property attributes as well as the factors which must be present to create value and the forces which affect value. All of this expertise is available to you as a market participant should you wish to engage me as an independent, impartial Appraiser or as a consultant. My fees are based on the scope of the assignment. Relying on an independent valuation expert could affect your ability to effectively negotiate in your best interest. I am very aware of the complexities of buying a residential property and know what you're going through. Understanding the decision making process when buying is easier with the professional assistance of a buyer agent, but other professional services are also available to you which could enhance your ability to make an "informed" decision independent of a party involved in the transaction directly and compensated based on the price you pay. After all, buying a home in which you intend to occupy is not just a home - it's an investment that will hopefully result in a future profit. Much depends on your knowledge of market conditions at the time of purchase, competitive prices paid and typical transaction terms, the likely holding period for the type of property investment and the potential anticipated future return on equity based on factual historic market performance. It's easy to get caught up in colorful phrases which appeal to your emotional triggers, but once you own it - you're responsible - whether it was worth the price paid or not. Relying on other expertise with applied analytic skills gained from years of advanced education and experience in residential housing markets in metro north suburban and southern NH is something that could give you the edge at a price much more affordable than a percent of the deal.
Standard operating procedure for Anthony N. Federico, RA RESIDENTIAL APPRAISAL & CONSULTING SERVICES (978) 521-3349 includes...
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