APPRAISALS TYPES

Single Family Real Estate Appraisal  The Uniform Residential Appraisal report (URAR) designed for single family homes. Most often it is used for the purchases, refinancing of loans and the elimination of PMI Ins.

Multi Family (2-4) Real Estate Appraisal  This report is used for investment and refinance. It is used for income producing properties consisting of 2 to 4 units.

Condominium Real Estate Appraisal  Similar to the single family form, this real estate appraisal report is used in the valuation of condominiums for mortgage lending.                                          

Drive by Appraisal  The drive by report used most often for homes equity loans or second mortgage  It is
a limited exterior report in with the real estate appraiser will perform the inspection curb side.

Desk Review Appraisal  A desk review is a review of completed appraisal's form and content to determine its compliance to USPAP and typical appraisal standards and practices.

Field Review Appraisal  A field review is similar to a desk review (see above), with the added security of an inspection of the subject property and comparable sales. A field review includes a photo of the subject, verification of comparable sales and verification of information about the subject property.

FHA/HUD Appraisal  FHA/HUD appraisals are government backed with typically lower rates. The process
can be overwhelming. We are trained and knowledgeable with their guidelines and will inform you of any
repairs required after inspection.

Divorce Appraisals  Finalizing a divorce involves many decisions, including "Who gets the house"? There
 are generally two options regarding the house - it can be sold and the proceeds divided, or one party can
"buy out" the other. In either case, one or both parties should order an appraisal of the property.

Estate Appraisals  Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and efficiently as possible. You can count on us to act swiftly and with sensitivity to the feeling of everyone involved.

                                                         Please call us for all your real estate appraisal needs !
                                                                      

                                                                            ABC Appraisal Inc. 

                                                                   (203) 239-1988          fax (203) 239-6494