Mortgage Industry

Appraisal review or RevuPro appraisal review is a neccesity in the regulatory environemnt of todays financial world. A review appraiser will review each report to ensure that they meet USPAP and provide a credible and unbiased opinion of value, fully supported by data.

Business evaluation or analysis will consider the business' assets, going concern or business value and good will.

Change of use study or analysis to determine the highest and best use or most productive use of a property is necessary to maximize its economic returns to the owner.

Comparable rental data and market rents needed to determine feasibility of an income producing property or project can be analyzed to determine profitability.

Comparable sales data or comps are crucial in measuring the market for health, growth potential and valuation of your property.

Comparable sale verification entails confirmation of market data and property sale data from several sources including property tax records to ensure accuracy.

Deferred maintenance analysis is used to place a value on the state of disrepair or deteriorating condition of properties and determine a cost to cure to bring the property back to normal condition.

Due diligence anlysis or due diligence study is the process of collecting and verifying property characteristics to determine feasibility for a project.

Equipment valuation and appraisal will evaluate your assets as either real property or personal property depending on if it is permanently affixed or not.

A feasibility study for a proposed development or project should include preliminary plans, financial statistics, projections and conclusions to determine the anticipated return on investment.

FHA appraisal involves valuing properties in which the purchaser is using an FHA loan and must follow FHA appraisal guidelines, including a cost to sure any deficiencies that the property might have.

Foreclosure appraisal is typically the valuing of special assets properties or properties where foreclosure is anticipated, which presents unique challenges to the appraiser of access and condition.

Green building appraisal includes the valuation of net zero homes and green built commercial projects that adhere to the green building council LEED building rating system.

Leased fee appraisal or leased fee interest determines the landlords interest or vesting in a leased property when long term leases are in place at lower than market rents.

Leasehold interest appraisals or leasehold interest valuation will determine the material interest of a tenant with a long term lease and favorable rents.

Loan portfolio valuation or a loan pool appraisal may be done for an institution or any investor buying a mortgage portfolio or needing a special assets appraisal to determine value of their collateral.

Market rent appraisal will utilize market rents or what the market dictates that the space should bring to determine rental value. Market rent appraisals can be done for commercial or residential properties.

Mortgage loan appraisal and new loan appraisals are probably the most common occuring valuation within the industry. A closing appraisal must be completed prior to the bank loaning money on a particular piece of collateral property.

New construction appraisal or determining value per plans and specs has to be completed for any new construction loan, and will provide an as completed value for the bank to loan funds for construction.

Property inspection or construction draw inspection is often needed by banks or investors who are not located close enough to determine the condition of the collateral for their investment and can be either curbside inspection or interior isnpection.

Property sale verification is a process of verifying comps and sale details to ensure that reported data is accurate.

Property tax data and information from the property tax assessor for each county can be gathered and studied by criteria.

REIT property valuation or portfolio appraisal of assets for institutional investors is often needed to determine performance and possible equity return.

Relocation appraisal are completed for properties that are bought by employers so that relocating employees are free to purchase in their destination city, and are often completed on ERC appraisal forms.

Sensitivity analysis or sensitivity study will measure consumer reaction and emotional response to a particular type of real estate or development to drive motivation of their purchasing decisions.

Subdivision appraisal or subdivision analysis involves valuing raw land for its highest and best use or valuing the land as a subdivision to determine its feasibility.