Services Offered - Fee Schedule:
Residential Appraisal Reports
Single Family
1004 - URAR Standard Home $350.00
1004 - Larger, Estate-type properties * $500.00 and up
1004 - Single Family FHA Report $450.00
1004 - With REO Addendum $400.00
Field Review - Single Family $300.00
1007 Rent & 216 Operating Statement ** $125.00
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Multi Family - Income Property
1025 - Two - Four Family $550.00
1025 - Two - Four Family FHA Report $625.00
1025 - With REO Addendum $600.00
Field Review - Multi Family $500.00
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Condominium
1073 - Condominium $350.00
1073 - Condominium - FHA Report $450.00
1073 - With REO Addendum $400.00
Field Review - Condominium $300.00
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Final Inspections
Final Inspection Fee - SF, Condo, or Multi $125.00
Trip Fee - No Show Fee
Trip Fee - Borrower No Show Fee *** $125.00
Rush - Priority Request
Rush Priority Request Fee $125.00 minimum
Job Assignment Cancellation Fee
During or after Inspection $125.00
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Other Services Available
The above Services & Fees list the most common and basic of Residential Appraising work assignments, however Atlantic Coast Appraisal Services, L.L.C. is able to fulfill many other of the more obscure demands in the appraisal field. (Rural Properties, Foreclosures, Manufactured Homes, FHA, New Construction, High End Estate Properties, etc). Please feel free to call (609-296-4542) or e-mail office@appraisersnj.com to discuss specific assignment requests.
Drive By - Exterior Only Assignments
Drive-By appraisals are accepted only when extraordinary conditions exist, such as (hostile foreclosure or eviction, property in dangerous environments or condemned structures, unsafe to enter interior, etc). These conditions would allow us to accept the assignment; otherwise we routinely decline and discourage Drive-By assignments as we can not truly verify the information concerning many details of the subject without a proper full inspection. We will not miss-state facts, speculate, or insert unconfirmed details in relation to the subject's interior which are supplied by a third party that we can not verify ourselves.
We do not wish to alienate our clients and do hope you understand our position. It is our belief that this policy is also a safeguard to our clients when confronted with a lending decision on a property without a full inspection and true verifiable facts as to it's condition.
If a Drive-By Exterior-Only assignment is still preferred, it is available at the same fee as a regular Full Appraisal (see above fees).
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"Comp Checks" - "Ballparks"
Atlantic Coast Appraisal Services, L.L.C., has made a business decision to not be involved in "Comp Checks" and searching for "Ballpark" figures as we feel this takes up a great deal of time for which volumes of records must be created and kept for 5 years, usually to no one's benefit. We have abandoned the practice to concentrate our efforts in other areas, such as completing actual jobs that have been assigned to us in a timely manner. Our intention is not to offend anyone and we appreciate your understanding.
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* Larger, Estate type properties are billed on Scope of Work and assignment length.
** 1007 Rent & 216 Operating Statement.
** Same Price if requested separately or added to original report.
*** Trip Fee - Charged to Lender if Borrower No-Shows appointment.
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We hope by stating all of the above terms and fees as we have, that confusion or misunderstandings can be avoided at a future time.
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Commercial Appraisals
We are in the planning stages of incorporating full Commercial Appraising Services to our company in the near future. We'll keep you posted.
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Above fees are effective as of 11/01/2007 and are subject to change.
Thank you for choosing Atlantic Coast Appraisal Services, L.L.C.
All Major Credit Cards Accepted