Form |
Inspection Type |
Description |
Fee |
1004/URAR (Single Family)
1073 (Condo)
|
Interior
|
Complete appraisal in summary format
|
Living area
Less than 3,000 SF
$350
3,000 SF – 5,000 SF
$375
* 5,000 SF +
From $500 |
1025 (Small Residential Income Property)
|
Interior
|
Complete appraisal in summary format
Includes Operating Income Statement (216) |
2 Units: $550
3 Units: $600
4 Units: $650
|
|
REO Appraisals (Lender-Owned) – Deduct $25 from above fees when access is via lockbox |
FHA - 1004/URAR (Single Family)
1073 (Condo)
|
Interior
|
Complete appraisal in summary format
|
Living area
Less than 3,000 SF $375
3,000 SF – 5,000 SF $400
* 5,000 SF +
From $525 |
FHA - 1004/URAR (Multi-Family)
|
Interior
|
Complete appraisal in summary format
|
$600
|
|
Express Evaluation™
(Single Family, Condo, & 2-4 Units) |
None (Desktop) |
Proprietary Desktop Appraisal report produced exclusively by Appraisal Evaluations, Inc.
|
$95 |
1004D Appraisal Update (Single Family, Condo)
|
Exterior
|
Used as an update to a previous appraisal.
Note: FNMA requires that a new appraisal be prepared if the Subject’s value has declined since the prior appraisal. |
$175
|
2055 (Single Family)
466 (Condo)
|
Exterior
|
Complete appraisal in summary format
|
Living area
Less than 3,000 SF $275
* 5,000 SF +
From $500 |
|
* Single Family Homes in excess of 5,000 SF are considered to be Luxury/Estate/High Value residences and constitute complex assignments, requiring additional research and documentation |
|
442 (Satisfactory Completion Certificate)
|
Interior |
Final Inspection |
$125 |
1007 (Comparable Rent Schedule)
|
None (Desktop) |
(Single Family, Condo) |
$125 |
216 (Operating Income Statement)
|
None (Desktop) |
(Single Family, Condo) |
$100 |
2000 (Field Review)
|
Exterior |
(Single Family, Condo) |
$275 |
2000a (Field Review)
|
Exterior |
(Multi-Family) |
$375 |
2006 (Desk Review)
|
None (Desktop) |
(Single Family, Condo) |
$125 |
2075 (Inspection Appraisal)
(Single Family, Condo)
|
Exterior
Inspection Only |
Property Inspection Report
– No Value |
$175 |
2070 (Inspection Appraisal)
(Single Family, Condo)
|
Inspection Only |
Condition and Marketability Report – No Value |
Exterior Only: $175
Interior/Exterior: $225 |
|
Cancellation Fee |
Interior or Exterior |
After inspection – photographs will be provided upon request |
50% of fee |
|
Trip Fee
|
Contact does not show up for appointment |
$100 |
|
Expert Witness Testimony |
Courtroom Testimony - 3-Hour Minimum
On Call for Testimony - 3-Hour Minimum |
$150/Hour
$100/Hour |
|
Notes: The 1004 form (effective 11/01/2005) does not require the Cost Approach; however it will be developed at the request of the client, or when it is considered meaningful by the appraiser (i.e. new construction or unique residences). |
