• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Desktop Appraisal for Nonlending purposes?

Status
Not open for further replies.

WadeKoutnik

Sophomore Member
Joined
Feb 27, 2007
Professional Status
Certified Residential Appraiser
State
Florida
I am guessing this is either an investor just trying to get some numbers. Can I complete this assignment and on what form? Any specific language that needs to go in it?

EDIT: IT is for a bank actually. SO I guess it needs to go on a DESKTOP VALUATION SUMMARY APPRAISAL REPORT?

Anyways, any language that needs to go in these that isn't already?
 

RSW

Elite Member
Joined
Feb 18, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
What do they want th pay, $35-$45?
 

WadeKoutnik

Sophomore Member
Joined
Feb 27, 2007
Professional Status
Certified Residential Appraiser
State
Florida
$100 (each) There are ten of them mostly in the same neighborhood
 

RSW

Elite Member
Joined
Feb 18, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
What appraisal software package are you using? If you are using ala mode, you can find a desktop valuation (limited appraisal/summary report) form. I don't do these for lenders, myself. I have lost several big clients because I refuse to do them. They said that is I did not do these type of appraisals they would not send me any regular appraisal orders. I guess that is my loss. Most of the clients that want these done have a form on the website or like BofA they have a Homefocus desktop form in the alamode software that they use.

Good luck!!
 

Mike Boyd

Elite Member
Joined
Jan 18, 2002
Professional Status
Retired Appraiser
State
California
For $100 each, 10 separate properties, I think I would just provide CMAs. It is easy and usually can be done through MLS, although there may be a small fee the MLS would impose on each one.
 

DWiley

Elite Member
Joined
Apr 4, 2007
Professional Status
Certified Residential Appraiser
State
Tennessee
We use a custom form created in Word. That way we don't have to worry about deficiencies in a pre-printed form.

Once you get a template established the hourly rate (at least for us) is typically better than that of a "full" appraisal.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks