• 1. What is an appraisal?
  • A real estate appraisal is a professional estimate performed by an appraiser of the fair market value of a particular property at a particular time. An appraisal takes into consideration information such as, location of the property, recent sales of comparable properties, physical condition and size.
  • 2. How can I be assured that an On Point appraisal is an accurate and fair appraisal?
  • All of On Point’s appraisers follow federally accepted guidelines, known as USPAP (Uniform Standards of Professional Appraisal Practice). These guidelines govern all of the ethical and legal aspects of performing an appraisal. All of our appraisers are licensed and experienced appraisal professionals.
    All appraisals prepared comply with the standards set by the American Society of Appraisers, the National Association of Certified Real Property Appraisers, Title XI of the Federal Financial Institutions Reform, Recovery, the Enforcement Act of 1989 (FIRREA), and the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation. In addition, all On Point appraisers comply with the Dodd-Frank financial act.
  • 3. What is your turn-around time?
  • As a general rule, we can perform and complete an inspection in 3 to 5 business days. Sometimes, we do run into difficulties such as, not having immediate access to the property, or needing local information that is unavailable, which may make an appraisal take longer. We can, however, perform an appraisal in shorter time, for a modest additional fee.
  • 4. How can I pay for my appraisal?
  • We accept many forms of payment:
    1: Credit Card (Visa, MasterCard, and American Express)
    2: Bill payment method for lenders and clients.
    3: C.O.D.
    With this option, checks must be made payable to On Point Appraisers Inc., from the homeowner, at the time of inspection. Appraisals to homeowners and attorney’s offices will be delivered after completion, and after funds clear.
  • 5. How will I receive the appraisal report?
  • At On Point, we not only offer a quick turnaround, we also offer many options to get your appraisal report to you.
    1 - Via email in a PDF format. This, of course, is the quickest way. You need an email address and ADOBE Reader in order to read the appraisal. If you don’t have ADOBE Reader, you can download it free of charge from the On Point website. Instructions on how to do that are all on our site.
    2 - Overnight delivery
    For an additional $25 fee, we will overnight your report , and you should receive it the next business day.
    3 - Regular US MAIL.
  • 6. Do you appraise out-of-state?
  • We provide expert appraisal services for clients throughout the United States.
  • 7. Is assessed value the same as market value?
  • No, assessed value is not the same as market value. That is due to a number of factors that are not necessarily known to the assessor, such as interior remodeling, or when local properties have not been re-assessed in a long time.
  • 8. What is an FHA appraisal?
  • An FHA appraisal is a government loan, and has specific guidelines that must be met per the US Department of Housing and Urban Development.
  • 9. Are appraisers only qualified to perform appraisals?
  • Appraisers can and do provide a variety of services. On Point’s appraisers can provide guidance and expert advice for estate planning, tax assessment review, cost/benefit analysis, dispute resolution, and many other areas.
  • 10. How much do you charge for an appraisal?
  • Our fees vary by county and availability of resources (such as comparable sales information).
    To inquire about our fees for an appraisal, or for any other service we perform, please call us at 877.755.7661, or email jgolden@onpointappraisers.com.
70 South Orange Ave, Suite 115, Livingston NJ, 07039     |    17 Battery Place, Suite 729, New York, NY 10001