• Appraisal Services

What kinds of Appraisals do we do?

Here are the different kinds of Appraisal Services that we offer. If you are seeking a service not listed here please feel free to Contact Us to discuss your inquiry.
  • Single Family Residential Appraisal 1004

    $350.00
    Form:
    URAR Form 1004.

    Purpose:
    The Single Family Residential Appraisal is used to estimate the market value of the subject property as defined in Uniform Standard of Professional Appraisal Practice (USPAP). It provides the benefit of a full interior and exterior inspection.

    Description:
    The Single Family Residential Appraisal is completed in compliance with Class Appraisal National Appraisal Services and Lender guidelines. The product includes the following attachments:

    - A completed URAR form
    - Subject property photos including front, rear, street scene and anything affecting marketability and/or value
    - Comparable sales photographs
    - Flood map if property is located in a flood prone area
    - A floor plan sketch with exterior dimensions and gross living area calculations
    - Location map showing accurate locations of the subject and all sales utilized in the report and appropriate certifications and limiting conditions
    • Expedited Report $435.00
  • FHA Single Family Residential Appraisal 1004

    $350.00
    Form:
    URAR, FNMA Form 1004

    Purpose:
    The FHA Single Family Residential Appraisal is used to estimate the market value of the subject property as defined in the Uniform Standard of Professional Appraisal Practice (USPAP). It provides the benefit of a full interior and exterior inspection.

    Description:
    The FHA Single Family Residential Appraisal is completed in compliance with Class Appraisal National Appraisal Services guidelines, Lender guidelines, and additional guidelines set forth by the Federal Housing Administration.

    Each FHA appraisal report must include a unique FHA case number (in the upper right hand corner of each page) that is assigned by the lender and obtained through the FHA Connection website. The product includes the following attachments:

    - A completed URAR form
    - Subject property photos including front, rear, side, street scene and any amenities substantially affecting health and safety, marketability and/or value
    - Comparable sales photographs
    - Flood map if property is located in a flood prone area
    - A floor plan sketch with exterior dimensions and gross living area calculations
    - Location map showing accurate locations of the subject and all sales utilized in the report
    - Appropriate certifications and limiting conditions

    The FHA mandates that appraisers pay specific attention to any property conditions that are potentially hazardous to the health and/or safety of the occupants and note these within the body of the report, or in the narrative addendum. If the property is found to have potential health and safety issues, an FHA report may be completed “subject to” correction of the issue (if it’s an obvious hazard), or “as is” with a complete description of the noted issue, leaving it up to the lender’s (DE Underwriter’s) discretion to determine if further action is required.
    • Expedited Report $435.00
  • Exterior Appraisal Report 2055

    $250.00
    Form:
    Form 2055

    Purpose:
    Used for appraising a single family property or a single family property with an accessory unit. This form is not to be used with a manufactured home, condominium or cooperative.

    Description:
    Form 2055 is a Uniform Standards of Professional Appraisal Practice (USPAP) compliant appraisal report that is based on an exterior-only inspection of a single family detached, attached, planned unit development (PUD) property.

    The report is to include:

    - A supported opinion of site value
    - Subject property front and street scene photographs
    - Comparable property photographs (front view)
    - Location map showing accurate locations of the subject property and all comparable properties
    • Expedited Report $300.00
  • Exterior and Interior Appraisal Report 2055

    $310.00
    Form:
    Form 2055

    Purpose:
    Used for appraising a single family property or a single family property with an accessory unit. This form is not to be used with a manufactured home, condominium or cooperative.

    Description:
    Form 2055 is a Uniform Standards of Professional Appraisal Practice (USPAP) compliant appraisal report that is based on an exterior-only inspection of a single family detached, attached, planned unit development (PUD) property.

    The report is to include:

    - A supported opinion of site value
    - Subject property front and street scene photographs
    - Subject property interior photographs
    - Comparable property photographs (front view)
    - Location map showing accurate locations of the subject property and all comparable properties
    • Expedited Report $385.00
  • Desktop Underwriter Property Inspection Report 2075

    $150.00
    Form:
    Desktop Underwriter Property Inspection Report Form 2075

    Purpose:
    Used for exterior property inspection reports.

    Description:
    Property inspections require an exterior-only inspection and the analysis and reporting of current market conditions within the neighborhood. Reporting on the observed condition of the subject site and improvements is also included. No estimate of value is provided. The completed report includes:

    - Front and street scene photographs of the subject property
    - A map detailing the location of the subject property
    • Expedited Report $185.00
  • Two-to-Four Unit Residential Appraisal 1025

    $550.00
    Form:
    Small Residential Income Property Appraisal Report Form 1025

    Purpose:
    Appraisals of two-to-four unit residential properties.

    Description:
    This report provides analysis of competitive listings, cost approach, an analysis of competitive rents, and a sales comparison analysis. Included in the attachments:

    - A completed operating income statement
    - Subject property photographs including a front, rear and street scene
    - Photographs of the comparable rentals and comparable sales
    - Location map detailing the locations of the subject and all rentals
    - Listings and sales utilized in the report
    - A floor-plan sketch with exterior dimensions and gross living area calculations for each unit
    - Appropriate certifications and limiting conditions
    • Expedited Report $685.00