Professional, Accurate Appraisals.

Pre-Foreclosure and Short Sale Home Appraisal

When foreclosure or a short sale is on the table, knowing your property's true market value puts you in a stronger position. A certified appraisal from Fairway Appraisal gives you the documentation you need to negotiate more effectively with your lender and make informed decisions under pressure.

Establish a supported value during a difficult decision

When a property is facing financial distress, understanding its market value can help owners and their advisers evaluate available options. A pre-foreclosure or short-sale appraisal provides an independent valuation of the real estate. It can offer a documented reference point when discussing a potential sale, reviewing an offer, or communicating with a lender.

The amount owed on a mortgage is not the same as the property's market value. Fairway Appraisal considers the home's condition, location, characteristics, and comparable market evidence. Deferred maintenance, damage, or incomplete improvements should be disclosed so the assignment can address the property accurately.

Align the report with the lender's process

Before ordering, ask the lender or loan servicer about its valuation requirements and whether it will accept a report commissioned by the homeowner. Share any deadlines, proposed transaction details, access limitations, and instructions from your attorney or real estate professional. The intended use and effective date should be clear from the start.

An appraisal does not stop a foreclosure, secure short-sale approval, or guarantee different loan terms. Lenders may require their own valuation and must make their own decisions. Legal deadlines and financial consequences should be reviewed with qualified advisers. The appraisal's role is to provide supported property-value information within that broader process.

State Certified

I'm Alexander Santangelo, a New Jersey State Certified Residential Real Estate Appraiser and Chief Operating Officer of Fairway Appraisal. Since 2013, I've been dedicated to providing accurate, independent, and reliable residential real estate appraisals, helping homeowners, attorneys, and real estate professionals make informed decisions with confidence.

Based in Long Hill Township, New Jersey, we proudly serve clients throughout northern and central New Jersey. Our appraisal services cover a wide range of residential properties, including single-family homes, two-to-four-family properties, condominiums, and vacant residential land.

Our primary service area includes the nine counties listed here, and we provide residential appraisals throughout the state of New Jersey.

Serving Bergen, Essex, Hudson, Hunterdon, Middlesex, Morris, Passaic, Somerset, and Union counties.

Discuss your property and appraisal needs

Tell us where the property is located, why you need an appraisal, and any deadlines or report requirements. We’ll help you identify the appropriate next step and provide a free quote.