Product Info

All The Details

Like any service, appraisal fees are directly related to the amount of time the appraiser spends in providing the service. The amount of development time may vary from one assignment to another even though the reports for different assignments may look similar. While an appraisal assignment involves both development and reporting of assignment results, the client sees only the appraisal report.

 

Keep in Mind...

Estimates do not include items such as:

  • Additional consulting
  • Court testimony
  • Multiple structures
  • Complex properties
  • Oversize or high-value properties
  • Historical properties
  • Stigmatized properties

REO Foreclosure Properties/Lost Mitigation and Short Sales

All appraisal products that are offered can be completed as a REO Foreclosure for Lenders, HUD and VA. The product will be tailored to meet the client's specific needs and guidelines. The product will comply to USPAP and industry standards.

URAR 1004 - SFR Full Appraisal or SFR Full REO with REO Addendum

Appraisal of a single-family home (or PUD unit), with an interior inspection by the appraiser. REO full interior inspection with a REO Repair Addendum.

FNMA 1073 / FHLMC 465 - Individual Condominium Unit Appraisal Report

Appraisal of a condominium unit, with an interior inspection by the appraiser.

2055 Exterior Drive-By Appraisal Report - Drive-By (FNMA 2055)

Limited scope appraisal of a single-family home, PUD or condo unit. Drive-by only, no interior inspection.

FNMA 1004C/FHLMC 70B - Manufactured Home Appraisal

Appraisal of a manufactured home, with an interior inspection by an appraiser (FNMA 1004C).

Investment Property URAR 1004 + 1007 + 216 (FNMA 1004 / FHLMC 70)

Full URAR 1004 interior appraisal of a rental property Including: Comparable Rent Schedule (FNMA 1007 / FHLMC 1000) and Operating Income Statement (FNMA 216 / FHLMC 998) addenda. Used for single-family rental properties.

FNMA 2090 - Individual Cooperative Interest Appraisal Report - Interior Inspection

Appraisal of a cooperative unit, with an interior inspection by the appraiser.

FNMA 2065 - Qualitative Analysis Appraisal Report

Limited scope appraisal of a single-family home. Drive-by only, no interior inspection.

(FNMA 1025 / FHLMC 72) - Small Residential Income Property Report

Appraisal of a 2, 3 or 4 family home, with an interior inspection. Includes an Operating Income Statement (FNMA 216 / FHMLC 998).

FNMA 2075 - Property Inspection Report

Property Inspection Report with no final determination of value. Drive-by only, no interior inspection.

FNMA 1075/FHLMC 466 - Single Condominium Unit Appraisal Report

Drive-by Appraisal of a cooperative unit. Drive-by only, no interior inspection.

FNMA 2095 - Individual Cooperative Interest Appraisal Report

Drive-By Appraisal of a cooperative unit. Drive-by only, no interior inspection.

FNMA 1004D/FHMLC 442 - Appraisal Update/Completion Report

Addendum report from a re-inspection of the property by the appraiser to show if the conditions or requirements stated in the original appraisal have been complete. Common for new construction or subject to repairs.

Land Appraisal

Appraisal of a vacant parcel of land.

FHA - Uniform Residential Appraisal Report (FNMA 1004)

Full interior inspection appraisal by an FHA certified appraiser. Normally used by FHA loans only.

FHA - Condominium Unit Appraisal Report (FNMA 1073 / FHLMC 465)

Full appraisal of a single condominium unit with an interior inspection by an FHA-certified appraiser. Normally used for FHA loans only.

FHA - Manufactured Home Appraisal Report (FNMA 1004c/FHLMC 70B

Comprehensive appraisal of a manufactured home, with an interior inspection by an appraiser by an FHA-certified appraiser. Normally used for FHA loans only.

FHA - Small Residential Income Property Report (FNMA 1025/FHLMC 72)

Comprehensive appraisal of a 2, 3 or 4-family home, with an interior inspection by an FHA-certified appraiser. Includes an Operating Income Statement (FNMA 216/FHMLC 998). Normally used for FHA loans only.

FHA Appraisal Field Review Report (HUD 1038)

A field review of an existing FHA appraisal report by a licensed appraiser.