***IMPORTANT NOTICE***

Effective January 1, 2015,

Fannie Mae requires the use of only the latest version of each specific use appraisal form.

APPRAISAL REPORT TYPE

Description

 

Fees*

1004 Full/URAR

 

Comprehensive appraisal of a single-family home, including an interior observation by the appraiser.

 

$400.00**

FHA 1004 Full/URAR

 

 

Comprehensive appraisal of a single-family home with an interior observation by the appraiser.  Includes FHA compliance forms.

 

$450.00**

1073 Full/ Condo

 

Comprehensive appraisal of a condominium, including an interior observation by the appraiser.

 

$425.00

FHA 1073 Full/ Condo

 

 

Comprehensive appraisal of a condominium with an interior observation by the appraiser.  Includes FHA compliance forms.

 

$475.00

New Construction

1004 Full/ URAR

 

Comprehensive “prospective” appraisal of a proposed new construction single-family home based on plans & building specifications.  Includes a site observation by appraiser

 

$500.00

Manufactured Housing Report / 1004 C

 

Comprehensive appraisal of a single-family manufactured home, including an interior observation by the appraiser.

 

$425.00

Fannie 2055/1075

Drive By

 

Limited scope "drive-by" appraisal of a single-family home using Fannie Mae form 2055 or single-family condominium Fannie Mae form 1075.  No interior observation required.

 

$325.00

Fannie 2075

 

Desktop Underwriter Property Inspection Report

 

$225.00

Desk Review

 

A review of another appraisal in which the reviewing appraiser physically inspects the subject property.

 

vary by assignment

Field Review

 

A review of another appraisal in which the reviewing appraiser physically inspects the subject property. Exterior site observations required.

 

vary by assignment

Small Residential Income (1-4 Family)

 

Comprehensive appraisal of a one, two, three or four-family home, including an interior observation by the appraiser.

 

$600.00

Relocation Appraisal

 

Comprehensive relocation appraisal of a single-family home, including an interior observation by the appraiser.

 

$650.00

Vacant Land Form

 

Valuation of vacant land on a form report.

 

$300.00***

 

 

 

 

 

MISC FORMS & INSPECTIONS

 

Description

 

Fee*

Comparable Rent Schedule

 

Estimation of market rent and rental analysis.

 

$100.00

Operating Income Statement

 

Reports the amount of operating income that can be used in evaluating the applicant's credit on applications for conventional mortgages that are secured by one-family investment properties and all two- to four-family properties

 

$100.00

Progress Inspection

 

Progress Inspection to determine current status of new construction or remodel.  Site observation by appraiser.

 

$100.00

Satisfactory Completion Certificate

 

One page form used to complement the original appraisal. Primarily used when properties are appraised prior to the completion of their construction of renovation. 

 

$100.00

 

MISC FEES & EXPLANATIONS

 

*Extended distance fee may apply for any site observation/visit more than 30 miles from Appraiser’s office.

 

**1004 Full/ URAR- Base fee is $325.00.  Fees for properties with over 3,000 SF of Gross Living Area or complex valuations will vary.  Please contact us for a specific fee quote.

 

***Land- Base Fee is $275.00.  For large land parcels or complex land valuations, fees will vary.  Please contact us for a specific fee quote.

 

****Additional copies of Appraisal reports requested over 6 months from the date of original publication are $75.00 per copy (if computerized report is still available)

 

Other Appraisal services may be available upon request.  Please contact us for further assistance.

 

The Fee Schedule above accurate as of November 1, 2005 and are subject to change without notice.  For the most up-to-date fees, please contact our office.