Nagell Appraisal & Consulting

They are rip offs. Extremely negligent!!! don’t pay attention to details when appraising the properties. They work closely with the lenders and against the individuals. They are supposed to be independent but because of the market situation and the over fear of foreclosures they work tightly with the lenders in appraising the properties and obliged with them. We are filing complaint against them with the regulatory bodies. Will update with more information, when it becomes available. Until then, if you are being low balled by an appraiser, ask your lender who is the appraiser, if it is Nagell, make sure you request their appraisal report and go through it with your real estate agent to see for missing information and biased/​uninformed judgements. Have an independent appraiser available to challenge the adjustments within the appraisal report. Wish we had someone to warn us ahead of time. Our lender uses Nagell and we did not know the difference until we recently started researching on them and found they are the worst in the industry for good, credible buyers looking strike a deal with lenders in this market with reasonable money down. They make the appraisal in a way that banks can push the buyers for more money down, thus lower mortgage amount and smaller risks. Not all of us can put almost 50% down on the property to get mortgage. Because of appraisers like Nagell our economy is not picking up quickly, because they are preventing the good deals to happen!!!
What a shame!