Contact Lloyd Real Estate Services
Brooklyn, New York
Phone
(917) 804-3007
Office
Brooklyn, New York
Hours
Monday-Friday:
7am – 7pm
Service Areas
We Serve Brooklyn + All Of New York
Lloyd Real Estate Services proudly serves this vibrant community and its picturesque surroundings. Our experienced team is deeply familiar with the nuances of the Brooklyn + New York real estate market, from the tranquil waterside properties of Brooklyn, New York to the bustling, diverse neighborhoods throughout the New York region.
Get an Estimate or Schedule an Appointment
Get In Touch
Have a question or concern? Need to get on touch? Feel free to contact us and we’ll make sure to respond to you in a timely manner.
Email: [email protected]
Phone: (917) 804-3007
F.A.Q.
Common Questions
WHAT IS A REAL ESTATE APPRAISAL?
An appraisal is a professional appraiser’s opinion of value. The purpose of an appraisal is to provide an unbiased estimate of the market value of a property as of a specific date.
WHY DO I NEED AN APPRAISAL?
You typically need an appraisal to obtain a mortgage, to determine the value for a sale or purchase of a property, for tax assessments and planning, or for legal matters such as estate settlements or divorces.
HOW IS A PROPERTY'S VALUE APPRAISED?
An appraiser assesses a property’s value by considering various factors, including location, condition, improvements, amenities, and recent sales of comparable properties in the surrounding area.
WHAT'S THE DIFFERENCE BETWEEN AN APPRAISAL AND A HOME INSPECTION?
An appraisal evaluates a property’s market value, while a home inspection assesses the condition of the property, looking for defects or issues that may need repair.
HOW LONG DOES AN APPRAISAL TAKE?
The physical inspection of the property can take a few hours, but the entire appraisal process, including research and report writing, typically takes a few days to a week.
CAN I GET A COPY OF THE APPRAISAL REPORT?
Yes, you are entitled to receive a copy of the appraisal report if you are the client who commissioned it, typically in a mortgage transaction, this would be the lender.
WHAT SHOULD I DO TO PREPARE MY HOME FOR APPRAISAL?
Ensure your home is clean, make minor repairs, and compile a list of recent improvements, upgrades, and the costs of those improvements to present to the appraiser.