Appraisal Services Offered
This guide will provide you with all the information you need to make an informed decision and proceed with confidence on ordering the right appraisal. If you have questions, don't worry! Call (321) 255 - 5108 and we can sort it out for you! Call us for a quote today.
1
Lender Appraisal Report(1004)
This is an appraisal requested by a lender for a 1004 appraisal report. This report is needed for any home buyer who is working with a lender to obtain a mortgage on their home, for purchase or refinance. This includes Conventional Loans, VA Loans, or FHA Loans. This type of appraisal needs to be ordered from the lender not the borrower/owner. Other similar forms are utilized for different property types (SFR, Condo, Vacant Land, Multi-family)
2
Current Market Value Appraisal Report
A current market valuation appraisal for real estate helps determine fair prices for property transactions, secure mortgage financing, analyze investments, set insurance coverage, plan estates, and assess property taxes. Anyone involved in real estate transactions, including property owners, buyers, lenders, real estate agents, insurance companies, and government agencies, can order a current market valuation appraisal.
3
Date of Death Appraisal Report
A date of death property appraisal serves as a critical assessment conducted shortly after the passing of a property owner. The primary purpose of this appraisal is to establish the fair market value of the property at the specific date when the owner died. This valuation is crucial for various legal and financial matters, particularly for estate planning, inheritance, and tax purposes.
4
Rental Schedule
the rental schedule provides a detailed breakdown of the property's rental income over a specific period. This data is essential for assessing the property's income-generating potential for renting and its competitiveness within the rental market. By verifying the accuracy of the rental income and analyzing market trends, the appraiser can arrive at a well-informed conclusion regarding the property's value. The inclusion of the rental schedule enhances the credibility of the appraisal report and provides valuable insights for stakeholders making decisions about the property's sale, purchase, or investment.
4
Non-Lender Appraisal
This appraisal report is prepared by a certified appraiser to determine the value of a property for purposes other than mortgage lending. It provides an unbiased estimate of the property's worth, considering factors such as its condition, location, and market trends. The report outlines the intended use of the valuation, which could include estate planning, tax assessment, insurance purposes, or legal proceedings. It includes a detailed property description, analysis of comparable sales data, and a conclusion regarding the property's estimated value. Appraisal reports prioritize client confidentiality and comply with legal requirements, providing valuable insights for property owners, investors, and other stakeholders.
4
I'm not sure
If you do not know what type of appraisal you need, call the office and ask us directly. We will be able to assist you in receiving the right report as well as quote you during the call.