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Appraisal Services From Valuation Logistics

Please take a moment to review our list of services below. Click on a service name to take you to a short list description. If you still have questions about any of the services we provide we'd love to hear from you. Please call us at 503-222-FAST (3278). Alternately, you can send us an email and expect a prompt response.

Our Services

Single Family Interior/Exterior Appraisal Report
(FNMA 1004/FHLMC 70)

• The standard Fannie Mae summary appraisal report
• Considers market value trends, supply and demand and marketing times
• Provides indicated value by cost approach, where appropriate
• Provides a sales comparison analysis grid with indicated value by sales comparison approach
• Quantitative adjustments to comparable sales
• Estimates a specific market value

Exterior Only Appraisal Report (FNMA 2055/FHLMC 2055)

• Summary appraisal report documentation but includes extensive property information
• Provides quantitative adjustments to comparable sales
• Estimates a specific value
• Increases efficiency and reduces costs

Condo/PUD Interior/Exterior Appraisal Report
(FNMA 1073/FHLMC 465)

• Considers market value trends, supply and demand, and marketing times
• Room count and actual square footage by GLA
• Notes condition of improvements, depreciation, repairs needed, and quality of construction
• Project and phase information includes number of units, number of units for sale, and number of units currently rented, which allows assessment for any location risk within the complex

Multi-Family Appraisal Report (FNMA 1025/FHLMC 72)

• Small residential income property appraisal report for two- to four-family residences
• Provides neighborhood, site, and improvement descriptions
• Provides general description of subjects physical structure
• Notes condition of improvements, depreciation, repairs needed and quality of construction
• Includes an analysis of market rents, with rental comparables
• Sales comparison, income approach, and cost approaches are all considered in estimating market value

Single Family Comparable Rent Schedule (FNMA 1007)

• Includes rental comparables in familiar grid format
• Reports estimated market rent

Operating Income Statement (FNMA 216)

• Reports income and expense projections for the next 12 months
• Helps estimate necessary cash reserve

Standard Desk Review

• A review of an appraisal provided by a lender, to determine if the opinion of value in the appraisal is reasonable.
• The subject property and comparables are not inspected.
• The reviewer verifies lot size, GLA, sales price, and date of sale for the subject property and the comparables.

Standard Field Review

• A review of an appraisal provided by a lender, to determine if the opinion of value in the appraisal is reasonable.
• The subject property and comparables receive an exterior inspection from the street.
• Photographs of the subject's front and street, as well as the sales comparable's front are included.
• The reviewer verifies lot size, GLA, sales price, and date of sale for the subject property and the comparables.

Appraisal Update and/or Completion Report (FNMA 1004D)

• Update to a previous appraisal that was prepared subject to completion of repairs or incomplete items.
• Notes items completed or still need to be completed since time of original appraisal.
• Same appraiser performs re-inspection who completed original appraisal report.
• Allows lender to ascertain the current construction status of subject property without incurring the cost of another appraisal.

Supplemental REO Appraisal Addendum

• Supplemental REO appraisal addendum included with standard URAR 1004 Form.
• Provides general description of subject's exterior, foundation, basement and insulation.
• Notes condition of improvements, depreciation(physical function and external), repairs needed and quality of construction.
• Identifies competing listings and market trends.
• Provides "as is" and "subject to" values for normal and client marketing times.