APPRAISAL 1

Jeff performed an appraisal on my house for a home equity loan I was pulling for a business purchase. He showed up on time and was here for about 20-30 min. I received his report a couple weeks later and I was severely disappointed. There were so many mistakes on it and the appraisal came out lower than when I built the house 10 years ago after adding about $100,000 worth of upgrades (new deck, landscaping, grass, siding, finished basement) it also was lower than my assessed value of the house for taxes. He had the wrong heating system in it, which was a $30,000 difference in price when it was installed (in floor vs forced air), he took away $8,000 because our lot was smaller than one of the comparables but did not add back to it when our lot was larger than the other 3 comparables, he took off $35,000 because there was missing flooring and trim in one room in our basement. When adjusting for square footage he used $33 psf...you cant even build a garage for $33 psf. (our next appraisal used double that) We hired a new appraiser and it came back $70,000 higher than Jeffs report. Need less to say if you wanna save on your taxes or need some expensive toilet paper use this company otherwise don't let this guy in your house and request someone else.

Jeff Barabas was in my house for about 15 minutes. He wrote up an appraisal for my home which included photos. There are 3 bedrooms and 3 baths shown in the photos. However, when he wrote the appraisal, he only included 2 bedrooms and 2 baths and estimated the value using that information. Needless to say, the value came in (falsely) low, which disqualified me for the loan program I was applying for. I wasted $525 on a bogus appraisal and never got the refinancing that I was trying for. I truly believed I was scammed and that this was the plan between Cross Country Mortgage and Appraisal 1 all along.