An appraisal can help you reduce property taxes, settle divorce or estate issues, determine the optimal list price for your home before you sell, establish the optimal purchase price for a home before you buy, etc. Call us for all your appraisal needs. Serving Los Angeles, San Diego, Riverside, San Bernardino, and Orange Counties.
This includes an interior and exterior inspection, a sketch of home, and interior/exterior pictures of the home. Fannie Mae calls this report a 1004 report (or 1073 for a condo). Turn around time for this report is 24 hours from inspection date. This report is approriate for a single family home or a condo. The opinion of value will be based on the Sales Comparison Approach. This analysis is based on a comparison of other similar properties in terms of location, age, square footage, lot size, and overall features. In this approach, the buyer seeks to compare apples to apples and find the best one for the lowest price. As part of the sales comparison approach, an appraisal will also attempt to gauge the marketplace and determine a property’s desirability for prospective buyers, investors, and sellers.
This includes an exterior inspection and exterior pictures of the home. Fannie Mae calls this report a 2055 report (or 1075 for a condo). Turn around time for this report is usually 48 hours from ordering date. This report is approriate for a single family home or a condo. The opinion of value will be based on the Sales Comparison Approach. This analysis is based on a comparison of other similar properties in terms of location, age, square footage, lot size, and overall features. In this approach, the buyer seeks to compare apples to apples and find the best one for the lowest price. As part of the sales comparison approach, an appraisal will also attempt to gauge the marketplace and determine a property’s desirability for prospective buyers, investors, and sellers.
This includes an exterior inspection and exterior pictures of the home. This will be done on a Fannie Mae 2055 report (or 1075 for a condo). This appraisal is especially taylored for investors and flippers. The appraisal will include two values, the As-Is-Value (AIV), assuming home needs to be remodeled, and the After-Repairs-Value (ARV), assuming home will be remodeled to flip.
This appraisal is based only on a desktop review of data. It does not include a phyusical inspection. This will be done on a custom form, a simplified version of Fannie Mae's 2055 adequate for both Single Family Residences and Condos. This appraisal is approriate for general purposes for anywhone needing a professional report by a licensed appraiser.