What We Offer

Services

Real Estate Appraisal Services

Philip Fortuna & Associates Inc. is a full service Commercial, Industrial, Institutional, and Residential Real Estate Appraisal firm. We provide reliable and dependable service in Pennsylvania and New Jersey.

Commercial Appraisals

Our Commercial Appraisal Division completes assignments in a variety of formats. All assignments are supervised by Philip Fortuna, MAI, SRA, a State Certified General Appraiser and member of the Appraisal Institute. Our staff is highly educated, skilled and motivated to work with our clients to provide exceptional service.  Our client base is confidential and includes, law firms, developers, commercial lending groups, banks, savings and loan institutions, credit unions, accountants, professionals within the private sector, and federal, state, city and government agencies. Our coverage area includes counties in Pennsylvania and New Jersey. The fee for a commercial appraisal will vary depending upon the complexity of each individual assignment. Please email or call our office for a fee quote.

Attorney, Accountant, Professional and Private Sector Services

Our company is experienced with asset valuation for equitable distribution, estate planning, bankruptcy, nursing home care, estate tax purposes, real estate tax appeals, and the vast majority of appraisal purposes.

Philip Fortuna, MAI, SRA is qualified as an expert witness in Philadelphia County Court of Common Pleas, United States Bankruptcy Court for the Eastern District of Pennsylvania, City of Philadelphia Board of Revision of Taxes, Delaware County Board of Assessment, and Montgomery County Board of Assessors.

Lender Services

Our residential client base includes banks, savings and loan institutions, credit unions, appraisal management companies, law firms, accountants, professionals within the private sector and federal, state, city, and government agencies.

FHA Services

Our office is able to complete FHA assignments in Pennsylvania and New Jersey, please review our coverage areas now. We have adapted to the FHA’s recent changes, our sub-contractors have taken and passed the FHA exam, and our office is using the latest required forms.

When ordering an appraisal through our web site you will receive an email confirmation within 24 hours.

Estate Tax

Are you in need of an appraisal for inheritence tax purposes? An appraisal of the real property is one of the first steps to settling the estate and we can help. We have been completing appraisals for the purpose of inheritince tax for over thirty five years. Please call our office for a fee quote. We will need the property address and the date of passing of your loved one. To learn more about your tax obligations when you inherit real property in the state of Pennsylvania and the City of Philadelphia click the link below which will take you to the City of Philadelphia’s  web page regarding Inheritance Tax. http://secureprod.phila.gov/wills/inheritancetax.aspx Required forms can be found at the Register of Wills Office or downloaded from the PA Department of Revenue web site  http://www.revenue.pa.gov/Pages/default.aspx Register of Wills Room 180 City Hall Philadelphia, PA 19107 (215) 686-6250

Property Seller Services

An appraisal product can assist property sellers by supplying an opinion of “fair market value” for your real estate. This information will help you to determine a reasonable asking price which will reduce marketing time and ensure that you receive a fair price.

Property Buyer Services

An appraisal product can assist with your purchase in two ways. Primarily, an appraisal will provide you with a “fair market value” on a prospective purchase which can be used as an “offer” on the property. The information contained in the appraisal will support your position during negotiation.

Home Owner

With a home appraisal product knowledge is power. A home appraisal can be used for many purposes including: Estate Planning, Settlement of an existing Estate, Tax Appeal, Debt consolidation, Asset liquidation/Bankruptcy, Equitable Distribution, Collateral assessment for bail or immigration bond purchase

Request a Fee Quote

Our Appraisal orders begin with a fee quote. Please click below to begin this process. We will contact you within 24 hours of receiving your fee quote request.

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