James B Mccartney

Name:James B Mccartney
Specialty:Certified Residential Property Appraiser
Review:3 client reviews
Location:1324 Oxford Valley Road
Yardley, PA 19067
Phone: 267-392-5468
 


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Client Review:

Do Not Hire James McCartney to do your Appraisal
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by 1234, Sep. 14, 2021

I would have given an even lower rating if possible.
James appraised our home several weeks ago accompanied by a trainee.  I believe the trainee could have done a more competent job. James talked a good talk, however his appraisal was completely in error.  His choice of comparables was infantile and clearly showed that he had no clue about the residential area he was appraising.  His appraisal caused an enthusiastic potential buyer to lose the ability to obtain a mortgage even though the buyer had been preapproved to obtain a mortgage for the asking price of our property.  The appraisal was over $40,000 lower than the asking price that relators had decided was appropriate. This appraisal has caused long term damage to future buyer’s ability to obtain FHA mortgages so we have requested future buyers seek a conventional mortgage and hopefully their bank will choose a competent appraiser.
To check the validity of James’ appraisal, we hired another independent appraiser to evaluate our property.  The second appraiser calculated a value almost identical to our asking price, primarily due to his choice of more appropriate comparable properties.  This second appraisal is clearly correct.  It matched realtors estimates and validates our asking price.
Another potential buyer also hired her own independent appraiser.  That appraiser gave the property a price the same as our independent appraiser.  The fact that two other appraisers agreed with our asking price clearly shows that James McCartney is not competent and should seek another profession.
I strongly urge anyone not to choose James McCartney as an appraiser if they wish to receive a credible and valid value for their property.  Unfortunately, it is not possible to sue an appraiser for malpractice for the damage he creates.



* this reviewer has be with this appraiser for <6 months
* this reviewer had 1 - 2 dentists before.
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Homeowner
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by Chris23, Feb. 25, 2021

Our bank scheduled the McCartney group to appraise our house. We were extremely disappointed with the results. Not only did James undersize the square footage of our house, he also used comps which did not equate with the size, age, or makeup of our house. He spent less than 10 minutes in our house and I had to chase him down the driveway to make sure included important features in the appraisal. When the bank notified us of the final evaluation, James had evaluated our house for $15,000 less than when we had it appraised 2 years earlier, before we had added $400,000 into the house in the form of an addition, deck, pool and solar panels. We had to resubmit information directly to the bank with our own comps to demonstrate how wrong James had been. Very disappointed.

* this reviewer has be with this appraiser for <6 months
* this reviewer had 1 - 2 dentists before.
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Sloppy Work
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by Jackson4, May. 30, 2014

James did an appraisal on a house that I was in the process of purchasing.  The bank chose him as the appraiser even though he lives 30 miles away from the property he was appraising.  He appraised the house at the value of purchase. 30 days later he re-submitted a different appraisal for 7% less than the original amount using new data from homes that were for sale and pending (not supposed to be used for appraisals). He also did not use a home within a mile for significantly more money stating that the home was not sold. It actually sold in December of 2013. His work is sloppy and unnacceptable. Use him at your own risk.

* this reviewer has be with this appraiser for <6 months
* this reviewer had 3 - 5 dentists before.
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