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.
Business highlights
39 years of trusted experience
Services we offer
RESIDENTIAL REAL ESTATE APPRAISALS.
Services we don't offer
We do not appraise any type of personal property, Comercial real estate, or businesses
Unresponsive. Don't waste your time with this company.
Description of Work: Residential Appraisal
Rating Category
Rating out of 5
Response from FLANAGAN ASSOCIATES
Hi Ms. [Member Name Removed]: I’m sorry you had a negative experience. But I’m afraid it must have been with another appraisal company. I have checked all of my emails & voicemail, and have never had any correspondence from you of any kind. If you still need an appraisal please feel free to reach out.
MAIKO M.
11/2007
1.0
real estate appraisal
+ -1 more
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 the appraisal that I would not need. The appraiser went to the site, appraised and prepared a report with photos, which were not required. In the meantime, he asked me to pay over the internet. When the lender saw the report, the property was clearly below lending condition, so we had to change the strategy to switch from conventional loan to hard money loan. And the appraisal report was wasted. He should have just called the lender as he was instructed before appraising the property!
Description of Work: The lender I was dealing with appointed this company to perform the appraisal of the property I was purchasing.
Rating Category
Rating out of 5
quality
1.0
value
1.0
professionalism
1.0
responsiveness
1.0
$500
Response from FLANAGAN ASSOCIATES
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 descriptive photos of any extraordinary or unusual conditions, which is what I did. To conceal these conditions by omission would have been illeagal and unethical. I am sorry that he did not understand the appraiser's role in the lending process.
Contact information
13431 Fountain Club Dr Apt 303, Germantown, MD 20874
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Service Categories
Real Estate Appraisals
FAQ
FLANAGAN ASSOCIATES is currently rated 1 overall out of 5.
Sunday: Closed
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Saturday: Closed
FLANAGAN ASSOCIATES accepts the following forms of payment: American Express,Check,Discover,MasterCard,PayPal,Visa
No, FLANAGAN ASSOCIATES does not offer free project estimates.
No, FLANAGAN ASSOCIATES does not offer eco-friendly accreditations.
No, FLANAGAN ASSOCIATES does not offer a senior discount.
No, FLANAGAN ASSOCIATES does not offer emergency services.
No, FLANAGAN ASSOCIATES does not offer warranties.
FLANAGAN ASSOCIATES offers the following services: RESIDENTIAL REAL ESTATE APPRAISALS.
We do not appraise any type of personal property, Comercial real estate, or businesses
Contact information
13431 Fountain Club Dr Apt 303, Germantown, MD 20874