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We provide a full range of appraisal services in summary, self contained, and restricted use formats for both lending (FHA and Conventional) as well as other purposes. This includes; single family existing, new construction, and proposed, as well as vacant land, manufactured homes, condominiums, multi-plexes, and town homes.
Appraisal is the act of estimating the monetary value of real, personal, or intangible property, usually performed as a service by someone recognized as an expert or certified by an organization or government agency.
A real estate appraisal is a service performed, by an appraiser, that develops an opinion of value based upon the highest and best use of real property. The highest and best use is that use which produces the highest possible value for the property. This use must be profitable and probable. Also of importance is the definition of the type of value being developed and this must be included in the appraisal, ie market value, condemnation value, quick sale value, etc. For improved residential property, this value is most often reported on a standardized form, the Uniform Residential Appraisal Report.
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