Do you do Value Checks?  - Also known as "Pre-Comps, Value Checks, Paper Searches, Over the Phone Estimate of Value and "Pre-Appraisals."

Well....... We do, and we don't.

It is impossible, and against USPAP standards, to provide an opinion of value without completion of the appraisal process.  Value indicators such as condition, square footage, location, upgrades, repairs needed, views, amenities, and any physical deficiencies, functional or external obsolescence cannot be accurately determined without an inspection. 

What we can do:

We can share available sales & listings data near the subject property that may have similar value attributes.  These may or may not be the comparable properties that we will use in developing an opinion of value or completing an appraisal report form.  None of this data shall be considered any kind of value opinion.  Our actual appraised value could be higher, lower, or similar to any sales or listings that we share with you.  We can discuss the probability or risk of various market values in a limited way, but ultimately, we can't give a value opinion without full completion of the appraisal process.  Any value figures on order forms, such as "owners' estimates of value," will not be targeted. They will be ignored. 

If you would find this helpful, just note this on the order form and we will do it prior to setting the appointment for the inspection.  If you request it we will fax you a description of some of the proximate sales & listings data that we will be researching further in the appraisal process.  These may or may not be the comparables that are most appropriate or the ones that we use in our appraisal report. Of course all of this sales & listing data is not verified and could change once a full inspection/appraisal has been completed.  

We will make sure that we consider all upgrades and that the property is not under appraised.

What we cannot do:

We cannot "shoot for" a certain value or "try to get max value."   These are illegal assignments.

We will not respond to illegal requests such as "If you can get $xxx,xxx, you can have the appraisal order."

If you are "value shopping" by sending multiple comp check requests to multiple appraisers,  we are not your appraisal company, so please take us off your list.

You need to know that we will not accept an assignment in which the paid fee is dependent on any appraisal outcome.

We are happy to provide soom market data to help you evaluate the risk of obtaining possible values, but we cannot give a specific opinion or promise a certain value or take an assignment based on  obtaining a certain value.

If you have any questions feel freee to shoot us an email or fill out a request for information below. Thanks again for your business.