APPRAISAL FEES/RESIDENTIAL FORM REPORTS

AND

COMMERCIAL NARRATIVE REPORTS

 

RESIDENTIAL                                      STD       DALLAS

                                                 PRICE     METRO

                                                           PRICE

                                                                                                         

                                                 

1004  Uniform Residential Appraisal Report (old)----------- $400.00     $400.00

      Under 3,000 SF

 

1004  Uniform Residential Appraisal Report (new)----------- $400.00     $4000.00

      Under 3,000 SF

 

1004  FHA Single Family Under 3.,000 SF-------------------- $450.00     $450.00

 

2055  Exterior-Only Inspection Residential Appraisal Report $300.00     300.00

 

1004C Manufactured Home Appraisal Report----------------- $450.00     $450.00

 

1004C FHA Manufactured Home------------------------------- $500.00     $500.00

 

1073  Individual Condominium Unit Appraisal Report------- $400.00     $400.00

 

1075  Exterior-Only Inspection Individual Condominium Unit

Appraisal Report--------------------------------------------------- $350.00     $350.00

 

1004D Appraisal Update and/or Completion Report--------- $100.00     $100.00

 

1025  Small Residential Income Property Appraisal Report

         2-4 Units, Duplex, Triplex and Fourplex---------------- $475.00     $475.00

 

2000  One-Unit Residential Appraisal Field review Report-- $325.00     $325.00

 

2000A Two-to Four-Unit Residential Appraisal Field Review-- $400.00     $400.00

 

Y2K   Land Appraisals under 5 acres--------------------------- $300.00     $300.00

Y2K   Land Appraisals Commercial up to 1 acre-------------- $750.00     $750.00

 

2090 Individual Cooperative Interest-------------------------- No

2095 Exterior-Only Individual Cooperative Interest--------- No

 

Historical homes---------------------------------------------------  $400 +      $400 +

 

Relocation ERC (Including Overnight Postage)---------------  $500 +      $500 +

 

Desk Review for Residential Appraisals------------------------  $200.00     $200.00

 

Builder Phase Inspection------------------------------------------  $100.00     $100.00

 

VA Appraisals per VA Pricing guidelines.

 

Single family homes over 3,000 square feet, over

5 acres and over 26 miles from Henrietta will have up charges.

 

The DALLAS-FORT WORTH METROPLEX must be within the Metroplex and not outside the city limits.

 

 

APPRAISAL FEES - COMMERCIAL NARRATIVE REPORTS CONTINUED

 

Apartments (10-50 units)--------------------------------------- $2,000 up

Apartments over 50 units------------------------------- $2,500 - 3,500 up

Retail or Office----------------------------------------------- $2,000 up

Warehouse------------------------------------------------------ $1,750 up

Light Industrial----------------------------------------------- $1,750 up

Heavy Industrial----------------------------------------------- $2,500 up

Restaurants---------------------------------------------------- $2,000 up

Shopping Strip Center------------------------------------------ $2,500 up

Subdivisions (land) Small-------------------------------------- $3,000 up

Subdivisions (land) Large-------------------------------------- $7,500 up

Commercial Sites Vacant - Fannie Mae Form---------------------- $400-$900

Commercial Sites Vacant – Narrative---------------------------- $1,000 up

Special Purpose (Church, etc.)--------------------------------- $1,750 up

Motel, Hotel--------------------------------------------------- $2,500 up

Nursing Home--------------------------------------------------- $2,500 up

Mobile Home Park----------------------------------------------- $3,000 up

Rural Land Narrative------------------------------------------- $1,000 up

Commercial Review per hour and quote---------------------------- $ Quote

 

Fees are based on time, travel and expenses.  The above fees are general and this firm reserves the right to adjust fees on certain properties with special problems.  Property abnormalities require special fee quotes.

 

All residential property assignments that are a result of a sale, must be accompanied with a copy of the sales contract and/or terms and conditions of the sale.

 

Plans and specification appraisals are charged as above; however, there will be a charge of $100 for houses and $300 for commercial structures for final inspection, re-certification of value, and letter of completion by plans and specifications.  If appraiser is notified to final the structure, and upon arrival at the site finds the structure is not completed, there will be a second charge to come back and final the completion of the structure and re-certify the value.

 

All commercial properties or income producing property assignments must be accompanied by rent rolls, contracts of sale, three year history of income (when available), history of property for past three years and other necessary income and cost factors of the site or property.

 

Court time or depositions are charged at $300.00 for first hour and $100.00 per hour there after.  The first hour includes preparation time and travel time.

 

Residential properties and small land units on form appraisals will require approximately 3 to 7 working days. Verbal can be quoted in 3-5 days.

 

Narrative appraisals will require not less two-week notice, and completion within approximately 30 days or as quoted.  Time of completion will be quoted at time of estimate.

 

February 15, 2010


 

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