Specializing In Residential Appraisals

Fee Schedule

For your convenience, we have listed the most requested services by our mortgage lending partners and the fees our firm charges. Our turn times for most non-complex assignments is 72 hours after inspection.

LENDER FEE SCHEDULE 

Type of Report Description of Services Price
Conventional Single Unit Residential (Form 1004UAD) Comprehensive Conventional appraisal and 1004MC.  $400*
FHA Single Unit Residential (Form 1004UAD) Comprehensive FHA compliant appraisal & 1004MC $450*
Update Completion (Form 1004D) Completed for final inspections or to update an appraisal. $175
Conventional Single Unit Condo (Form 1073UAD) Comprehensive Conventional appraisal & 1004MC. $450*
FHA Single Unit Condo (Form 1073UAD) Comprehensive FHA compliant appraisal & 1004MC $475*
Residential 2-4 Family (Form 1025) Comprehensive appraisal of a two, three or four-family home. POR
Limited Appraisal (Form 2055) Drive-by appraisal of a single-family home. No interior inspection.  $350
Income Statement (Form 216) Reports the amount of operating income a property generates. $150
Rent Schedule (Form 1007) Estimation of current rent and rental market analysis. $150
URAR Desk Review (Form 2006) Review of another appraisal with no physical inspection. $250
Field Review (Form 1032) Review of another appraisal in which reviewer inspects subject. $500
Compliance Inspection (Form 92051) Final or repair compliance inspection report.  $250

* Base fee for non-complex assignments

The definition of a Complex Residential Property, per federal regulations at 12CFR Part 34.42 is: “A complex one-to-four family residential property means one in which the property to be appraised, the form of ownership, or the market conditions are ATYPICAL.” A complex property is one that is unique or unusual in its market area. What makes it different may be physical characteristics, locational influences, a nonconforming use, or any combination of these factors.

BACK TO MORTGAGE LENDING