COMMON PURPOSES FOR A REAL ESTATE APPRAISAL
There are many uses for a real estate appraisal, as well as a range of values to be reported to meet the purpose of the appraisal.
Our real estate appraisers are seasoned veterans, and are certified general appraisers as required by state Boards of Real Estate and the mandates promulgated by the Financial Institution Reform, Recovery and Enforcement Act of 1989 (FIRREA). Most of our real estate appraisals are completed by Members of the Appraisal Institute (MAI).
All of our real estate appraisals are performed in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP), and, if necessary, FIRREA. USPAP provides guidance on the required elements of an appraisal report, reporting options, and other pertinent information to ensure the best professional appraisals.