Fees
Given the wide variety of services we provide, fees for assignments vary significantly, and are based on the following criteria:
- Type of Assignment - The type of assignment will dictate the minimum requirements necessary to complete the assignment. Even within a particular group of assignments, requirements can vary significantly. For example, assignments bound for Fannie Mae often have different assignment conditions compared to foreclosure assignments, private banking assignments, etc.
- Time Spent on Assignment - The time spent on an assignment can vary significant depending on intended use, and on the assignment conditions needed by the client. As an example, an appraisal for personal use by an owner may not require much detail because the client is already familiar with the property. An appraisal on the property for an out-of-state investor who has never seen the property nor is familiar with the market may require extensive narrative.
- Out of Pocket Expenses - Certain assignments may require out-of-pocket costs. Examples include obtaining copies of documents from municipal entities (deeds, surveys, certificates of occupancy, etc.), travel expenses related to island assignments, and comparable or market data provided by third=party sources for specialty assignments.
- Assignment Conditions - Many clients require additional information over and above the minimum development and reporting standards required by the Uniform Standards of Professional Appraisal Practice.
Please feel free to contact us for a custom quote.
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