Vanderbilt Residential was formed in 2003 by Principal and Co-Founder, Michael Vargas in conjunction with Terra Holdings, the nation’s largest privately held real estate company and owner of Brown Harris Stevens and Halstead.  Mr. Vargas is a well-respected appraisal executive and is considered an expert in the field of residential real estate appraisal and the valuation of complex, high value properties. Mr. Vargas possesses more than 25 years of regional appraisal experience. The residential division completes thousands of appraisals and appraisal reviews per year, covering a wide range of property types within the New York, New Jersey and Connecticut areas.

 

 

Vanderbilt Residential has performed over 50,000 appraisal assignments since 2003 in New York, New Jersey, and Connecticut.  The team works extensively with various banks and law firms, performing appraisals for mortgage financing, litigation support, valuation for matrimonial cases, and trust and estate planning.

PROPERTY TYPES

Condominium Apartments

Cooperatives Apartments

Townhouse Single-Family Residences

2-4 Unit Multi-Family


   Common Areas & Exterior Space (Hallways, Roof Terrace, Air-rights, etc.)

ASSIGNMENT TYPES

Mortgage Financing
Foreclosure/REO                        Relocation                                      Matrimonial Cases                                     
Retrospective Valuation
Cooperative Share Allocation
Gift Tax
Roof and Development Rights
Insurable Value

Quality Control​
Appraisal Review
Bankruptcy
Sale/Purchase Consulting
Project Summaries
Estate Tax
Qualified Personal Residence Trust
Renovation/Construction Analysis
Developer Consultation

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