Claude Simos's (homeappraisals) Blog

Due to the recent decline in property values, many New York and Long Island area residential properties remain at an assessed value that is above their current fair market value. In a recent case, one of our lawyer clients was able to win a substantial tax reduction in property taxes for their ho...

You can rely on me for the utmost in professionalism, credibility and expertise. With over twenty three years of appraisal experience on Long Island and in New York City, I provide personal assistance and attention, unlike large appraisal firms and appraisal management companies.  I can therefor...

July 28, 2008, Commack, NY 11725, the number of single family homes available for sale remains stable with 137 homes currently available through MLS. The historic MLS high was 162 homes for sale. The current average listing price for 137 single family homes has declined slightly to $581,016. We a...

NYC & Long Island Real Estate Market Conditions Have Changed!Inventory and marketing time has increased in many Long Island and New York City markets. Property values are declining. If you are going to sell your home you would be wise to invest in a professional appraisal by a certified appraiser...

The most common intended user and use of an appraisal is a lender making a mortgage lending decision, however here are more reasons to obtain an appraisal report from a qualified appraiser: obtain a loan or mortgage. establish the replacement cost of insurance. grieve or challenge real estate pro...

May 16, 2008, Commack, NY 11725, the number of single family homes available for sale has increased slightly during the past two months with 135 homes currently available through MLS. The historic MLS high was 162 homes for sale. The current average listing price for 135 single family homes is $5...

March 21, 2008, Commack, NY 11725, the number of single family homes available for sale has declined slightly during the past 60 days with 120 homes currently available through MLS. The historic MLS high was 162 homes for sale. The current average listing price for 120 single family homes is $587...

January 22, 2008, Commack, NY 11725, the number of single family homes available for sale has declined slightly during the past six months with 124 homes currently available through MLS. The historic MLS high was 162 homes for sale. The current average listing price for 124 single family homes is...