Services Offered & Fee Schedule effective 01/01/2016 and subject to change as needed:
Residential Appraisal Reports
1004 - URAR Standard Single Family Home $350.00.....New construction + $50.00
1004 - Larger, Estate Type Properties * $500.00 and up depending on the complexity of the assignment
1004 - Single Family FHA Report $400.00
1004 - Single Family with REO Addendum $425.00
1004 - Single Family Investment $460.00
1007 Rent & 216 Operating Statement ** $125.00
2055 - Single Family Exterior Only Drive By $325.00
Field Review - Single Family $325.00
1073 - Condominium $350.00.....New Construction + $50.00
1073 - Condominium - FHA Report $400.00
1073 - Condominium with REO Addendum $425.00
1073 - Condominium Investment $460.00
1075 - Condominium Exterior Only Drive By $325.00
Field Review - Condominium $325.00
Multi Family - Income Property 2 Units 3 Units 4 Units
1025 - Two - Four Family $525.00 $550.00 $575.00
1025 - Two - Four Family FHA Report $575.00 $600.00 $625.00
1025 - With REO Addendum $600.00 $625.00 $650.00
Field Review - Multi Family $475.00 $500.00 $525.00
Final Inspections 1 Unit 2 to 4 Units
Final Inspection Fee - SF, Condo, or Multi $150.00 $175.00
Trip Fee - No Show Fee
Trip Fee - If Access person No Shows *** $100.00
Rush - Priority Request
Rush Priority Request Fee $150.00 minimum additional fee
Job Assignment Cancellation Fee
During or after Inspection $100.00
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, High End Estate Type Properties, Waterfront properties,etc).
Please call 609-296-4542 or e-mail firstname.lastname@example.org for more information on specific assignment requests.
Drive By - Exterior Only Assignments - 2055's
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 a slightly lower ($25.00 less) fee as a regular Full Appraisal.
"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 this 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.
* Larger, Estate type properties are billed on Scope of Work and assignment length.
** 1007 Rent & 216 Operating Statement. ($125.00) if requested seperately or added later to an existing report.
*** Trip Fee - Charged to Lender/Client if Borrower or property access person No-Shows appointment.
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.
Above fees are effective as of 01/01/2016 and are subject to change.
Thank you for choosing Atlantic Coast Appraisal Services, L.L.C.
Payment can be made by Cash, Money Order, Bank Check or Credit Card.
Payment is necessary on the date of inspection of the subject property.
A proper receipt of monies paid will be issued on company letterhead for your records.
Completed Appraisal Reports can be transmitted electronically in a .pdf format, an ACI Appraisal Software format, a Mismo XML format, or a hard paper copy, whichever is requested.
Atlantic Coast Appraisal Services, L.L.C. Phone: 609-296-4542 Fax: 609-296-3860