In 2005, I established Nantucket Real Estate & Appraisal and have since completed more than 2500 local assignments. One of many assignments was as a real estate appraiser for the multi-disciplined team that moved Sankaty Light to its present location. I also hold the distinction of being the sole Nantucket Realtor designated by the Nation
In 2005, I established Nantucket Real Estate & Appraisal and have since completed more than 2500 local assignments. One of many assignments was as a real estate appraiser for the multi-disciplined team that moved Sankaty Light to its present location. I also hold the distinction of being the sole Nantucket Realtor designated by the National Association of Realtors as both a General Accredited Appraiser and Residential Accredited Appraiser (GAA, RAA).
I have honed a comprehensive appraisal skill set through 35 years of experience with banks, public agencies, home buyers, and sellers. My journey encompasses senior appraiser roles and contracts with numerous entities such as the USDA, USCG, DOI, NRCS, Army, Navy, DOJ, NIH, USAF, GSA, VA, BIA, and the Town of Nantucket.
Some landmark appraisal projects include: USCG Atlantic HQ, Governors Island, NY; Oregon Inlet Fishing Center, Cape Hatteras National Seashore, NC; Wounded Knee, Pineridge Reservation. SD; Nantucket Regional Airport, MA; Barnstable Regional Airport, MA; USCG Loran Station, Nantucket, MA; Sankaty Head Light, Nantucket, MA; VAMC Hospital, Brockton, MA; VAMC Hospital, Northampton, MA; VAMC Hospital, Lyons, NJ; VAMC Hospital, Bedford, MA; Nantucket Cottage Hospital, MA; Ft Devens, MA; Naval Security Group Activity, Winter Harbor, ME; USCG Housing and Flag Quarters, 8th District, LA.
An unwavering commitment to excellence has earned me numerous accolades, including a U.S. Secretary of Transportation and U.S. Coast Guard Special Act Award for achievements in real estate.
My extensive experience and continual education in real estate enable me to provide clients with well-substantiated opinions, empowering them to make informed decisions.
Nantucket Real Estate & Appraisal uses proprietary value models and real-time market analytics to capture local market trends and then paired with extensive geographic expertise to provide data-rich appraisals with minimal call backs and revision requests.
Engaging a geographically competent appraiser may involve a higher cost, but this in
Nantucket Real Estate & Appraisal uses proprietary value models and real-time market analytics to capture local market trends and then paired with extensive geographic expertise to provide data-rich appraisals with minimal call backs and revision requests.
Engaging a geographically competent appraiser may involve a higher cost, but this investment is essential for ensuring the accuracy and reliability of the appraisal. A geographically competent appraiser brings a thorough understanding of area-specific factors such as neighborhood characteristics, market trends, and property values.
There are only a few appraisers with access to the local MLS (Nantucket LINK), which tracks approximately 99% of all sales and listings compared to other MLS sources that track 10-20% of sales and listings. USPAP requires that an appraiser has access to the market data expected by their peers. Lack of access results in an inability to analyze market trends, leading to a less than credible appraisal report.
Among those appraisers who belong to the local MLS, even fewer maintain a residence, office, and vehicle on the island. Off-island appraisers rely on ferry services to travel to and from the island. Weather can cause numerous ferry cancellations, resulting in canceled appraisal inspections. Bringing a vehicle on the ferry requires advanced reservations, and renting a vehicle on the island during peak season also requires reservations, often sold-out days or months in advance.
In summary, ferry service to the island incurs additional costs such as mainland parking fees, ferry tickets, rental cars, taxis and potential last-minute hotel stays for un-foreseen ferry cancellations. These costs are typically added to the base appraisal fee for off-island appraisers. Also, many off-island appraisers use taxis and rideshares to reach properties and comps, which may result in hurried inspections. Additionally, arriving at a home in a taxi may not convey a sense of professionalism to the borrower.
While a geographically competent appraiser may have a higher initial cost, their expertise and attention to detail can save time, prevent costly errors, and provide reassurance to the borrower that the lender is employing a qualified professional.
Therefore, investing in a geographically competent appraiser is a prudent decision that offers several benefits, ensuring a high-quality appraisal consistent with the fees paid, protecting your investment, and fostering trust in the transaction.
Getting an appraisal is a crucial step in various legal and financial situations.
Divorce: An appraisal ensures a fair division of assets, particularly real estate, by determining the current market value.
Date of Death (Estate Valuation): When settling an estate, an appraisal establishes the property's value at the time of the owner’s p
Getting an appraisal is a crucial step in various legal and financial situations.
Divorce: An appraisal ensures a fair division of assets, particularly real estate, by determining the current market value.
Date of Death (Estate Valuation): When settling an estate, an appraisal establishes the property's value at the time of the owner’s passing, helping with tax calculations and inheritance distribution.
Estate Planning: Knowing the value of assets assists in making informed decisions about wills, trusts, and financial planning, ensuring beneficiaries receive what they’re entitled to.
Eminent Domain: If the government or another entity is taking property for public use, an appraisal determines fair compensation based on market value.
Tax Appeal: If you believe your property has been over-assessed and your tax bill is too high, an appraisal provides evidence to support an appeal for a fair property tax assessment.
Pre-Listing: Before selling a property, an appraisal helps set a competitive and realistic price, ensuring the home is neither undervalued nor overpriced.
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