Halo Appraisal Management, the Premier
New York Real Estate Appraisal Firm
Approved Bank Appraisers
Real estate valuation is a complex process, Halo Appraisal Management is trusted by national banks. See how we can help you today.
Real Estate Expertise
Serving as independent advisors, offering a consultative approach and flexible solutions to meet specific client requirements.
Credible and Timely Results
Providing accurate and reliable insights backed by the most comprehensive data and professional experience.
Premier Real Estate Appraisal Firm Providing Industry Best Practices
Halo Appraisal Management has a team of certified residential appraisers that have years of experience in the appraisal field and are passionate about providing customers with a detailed and credible value of each property. We understand the appraisal industry and maintain industry best practices, while providing fast turnaround and personalized services.
Real Estate Appraisal Services
From straight-forward to complex properties and scenarios, Halo Appraisal Management's reputation is built on providing sound, objective opinions of value and maintaining the absolute highest standard of professional integrity.
Real Estate Appraisals
Halo Appraisal Management works with attorneys, mortgage real estate lenders, CPA’s, developers, corporations and private individuals.
Real Estate Litigation
Halo Appraisal Management provides appraisal litigation support services for clients involved in legal disputes concerning real estate.
Appraisal Consulting
Halo Appraisal Services offers a variety of consulting services like market rent surveys and real estate transitions that need a formal report.
Frequently asked questions
Find quick answers to common questions using our helpful FAQs.
1. What kind of information should I provide to the appraiser?
Prepare an “Appraiser’s Package” in advance and have it available for the appraiser at the property. The package could include plats, surveys, deeds, covenants, HOA documents, floor plans, specifications, inspection reports, neighborhood details, recent similar-quality comparable, detailed list and dates of upgrades, remodels and costs, and energy-efficient green features. Meet the appraiser at the property and answer any questions an appraiser might have about the property or neighborhood. Allow the appraiser the necessary space and time to complete the inspection.
2. Does a buyer’s choice of financing impact the appraisal process?
Yes. The appraiser must comply with the Uniform Standards of Professional Appraisal Practice (USPAP) and appraisal regulations, but also follow any additional requirements from the mortgage lender, Freddie Mac, Fannie Mae, FHA and USDA, for instance, some loans will require the property to meet certain minimum property requirements.
3. Who orders the appraisal?
The mortgage lender orders the appraisal and is the appraiser’s client. Sometimes a lender will use an appraisal management company (AMC) to manage the appraisal process. An AMC will order an appraisal on behalf of the lender. Some lenders order the appraisal directly from an appraiser.
4. Can a home appraisal serve as a home inspection?
No, an appraisal is not a home inspection. Inspections involve a licensed home inspector or contractor who evaluates the structure and mechanical systems (heating, plumbing, air-conditioning, etc.) of a house, from foundation to rooftop. The appraiser is typically more interested in sales prices (within the past six months) of comparable homes in the neighborhood, the exterior presentation of the property and amenities that enhance the value in that market.
5. How does the appraiser develop the value opinion?
The appraiser researches market data, public records and talks with buyers, sellers and real estate brokers active in the market area. Data researched includes sales, leases, and current listings of similar properties. Other data include land sales and residential construction costs. After all factors affecting the value are considered, the appraiser develops an opinion of value and prepares an appraisal report.
6. What exactly is PMI?
PMI is short for for Private Mortgage Insurance. PMI protects the lender if a borrower defaults on the loan and the market price of the home is lower than the loan balance. Once you reach the point where your home’s equity plus the amount you’ve paid is at least 20% of your loan balance, you can have your PMI dropped.
Getting started
Connect with us today, with years of experience appraising all types properties. We help you determine your property’s value while offering specialized services.
Ask an expert
If you are interested in any of Halo Appraisal Management wide range of appraisal services please contact us by clicking below.