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RDI APPRAISAL ASSOC LLC

Real Estate Appraisals

Reviews

1.52 Reviews
Number of StarsImage of DistributionNumber of Ratings
5
0%
4
0%
3
0%
2
50%
1
50%


Rating CategoryRating out of 5
quality
1.0
value
3.0
professionalism
4.0
responsiveness
3.0
punctuality
3.0
Showing 1-2 of 2 reviews

Charles K.
08/2020
1.0
real estate appraisal
  + -1 more
RDI was used by my bank for a home loan on a home purchase. I purchased the home at a discounted rate. They appraised the home for $12,000 less than what the home sold for 4.5 years ago, which was just $3,000 over my purchase price. It was also less than the county's assessed value. I should have come away with much more instant equity in the home. They did not use similar homes for the comparison. Our communities home market is booming. I feel This company is lazy and just trying to make sure the home appraises for what your mortgage is, rather than doing an actual home appraisal. If the was a refinance, there is no way the home would appraise for so low.
Description of Work: Home Appraisal

Rating CategoryRating out of 5
quality
1.0
value
3.0

$525

beatrice B.
10/2011
2.0
real estate appraisal
  + -1 more
I do not recomment h\the company since the it was $550 out of pocket expense for nothing.
Description of Work: Person came up with a number based on what the tax appraiser opnion in the town and he worked backwards to the number the town tax appraiser wanted. There were so many homes sold near my home less than .5 miles and he chose homes where he could fudge the numbers. The report had so many mistakes that he had to correct them and issue another report. Again he changed the sample to accomodate his number. He also said my home was colonial when it was a Tudor home and he chose homes that were not Tudor to compare for my tax appeal. It unfortunate because this was a very smart man but wanted to maintain his relationship with the town's tax assessor so he was not independent.

Rating CategoryRating out of 5
quality
1.0
value
3.0
professionalism
4.0
responsiveness
3.0
punctuality
3.0

$550

    Contact information

    PO Box 6342, Parsippany, NJ 07054


    Licensing

    State Contractor License Requirements

    All statements concerning insurance, licenses, and bonds are informational only, and are self-reported. Since insurance, licenses and bonds can expire and can be cancelled, homeowners should always check such information for themselves. To find more licensing information for your state, visit our State Contractor License Requirements page.

    *Contact business to see additional licenses.


    Service Categories

    Real Estate Appraisals

    FAQ

    RDI APPRAISAL ASSOC LLC is currently rated 1.5 overall out of 5.
    No, RDI APPRAISAL ASSOC LLC does not offer free project estimates.
    No, RDI APPRAISAL ASSOC LLC does not offer eco-friendly accreditations.
    No, RDI APPRAISAL ASSOC LLC does not offer a senior discount.
    No, RDI APPRAISAL ASSOC LLC does not offer emergency services.
    No, RDI APPRAISAL ASSOC LLC does not offer warranties.

    Contact information

    PO Box 6342, Parsippany, NJ 07054