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FLANAGAN ASSOCIATES

Founded 1986 • Angie's List since November 2007

F Rated | 1 Review

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Real Estate Appraisals

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Business Details

Phone Number

Address
13431 Fountain Club Dr Apt 303
Germantown, MD 20874

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Description

We are a full service Residential Real Estate Appraisal Firm. Servicing Washington DC and Montgomery County, MD. We complete appraisals for Mortgages, Relocation, Estates, Divorces, or for Litigation support....

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RATED

11/18/2007

I felt he was dishonest. The story is as follows: The property I was purchasing was in a bad condition, and from the onset the lender and I were questioning whether it will meet the threshold for conventional loan. If not, I would go for hard money loan. The lender said he gave a strict instruction not to appraise the property if it was below lending condition, so that I would not spend money on t...

DESCRIPTION OF WORK
The lender I was dealing with appointed this company to perform the appraisal of the property I was purchasing.

CATEGORY real estate appraisal

SERVICE PROVIDER RESPONSE

Unfortunately this member did not understand the process. I was engaged by the lender to complete an "AS IS" appraisal of the property. I received no instructions to simply "evaluate the condition of the property" I would not have accepted the assignment on that basis, because I am not a home inspector. As for the photos, industry guidelines (Fannie Mae & Freddie Mac) require the appraiser to take...

Services Offered

RESIDENTIAL REAL ESTATE APPRAISALS.

Services Not Offered

We do not appraise any type of personal property, Comercial real estate, or businesses

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