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Appraisal Fee Schedule

SCHEDULE OF APPRAISAL FEES (1/1/10 to 12/31/10)

SERVING SANTA CRUZ, SANTA CLARA, SAN BENITO, AND MONTEREY COUNTIES.

All fees are due in advance, or by written contract. Fee is based on estimated hours of work without interruption, problems, or lack of sufficient data on hand. Appraiser reserves the right to increase fee for a complex assignment. All fees quoted include one original and one copy of appraisal report with photographs. All appraisals performed according to FIRREA rules and regulations and conform to U.S.P.A.P. All fees quoted include delivery by Priority Mail, e-mail attachment in PDF format, Real EC or Appraisal Port Upload. For overnight service please add $50.00.

 
NEW FANNIE MAE FORMS DATED MARCH 2005-LOAN TRANSACTIONS ONLY:

SFR-Fannie Mae Form 1004-Freddie Mac Form 70: $450.00 Base Fee*

Less than 2,500 square feet: $450.00 Base Fee*

2,501 square feet to 3,500 square feet: $475-$950 Base Fee*

3,501 square feet to 5,000 square feet: $950.00-$1,750 Base Fee*

Condominium-Fannie Mae Form 1073-Freddie Mac Form 465: $450.00 Base Fee*

Manufactured Home Fannie Mae 1004C-Freddie Mac 70B: $450.00 Base Fee*

Small Income Property- Fannie Mae 1025-Freddie Mac 72: $725.00 Base Fee** **Add $50 per unit for 3 or 4 unit properties.

Drive By/Curbside Appraisal Opinion New Form 2055: $325.00 Base Fee*

 
OLD FORMS & NON LENDER RELATED ASSIGNMENTS:

Single Family Residence (URAR): $425.00 Base Fee*

Less than 2,500 square feet $425.00 Base Fee*

2,501 square feet to 3,500 square feet: $425-$950 Base Fee*

3,501 square feet to 5,000 square feet: $950-$1,750 Base Fee* Condominium-Fannie Mae Form 1073-Freddie Mac Form 465: $425.00 Base Fee*

Mobile or Manufactured Home Fannie Mae Form 1004 in Park: $400.00 Base Fee*

Mobile or Manufactured Home in resident owned park. $425.00 Base Fee* Mobile or Manufactured Home on private land. $425.00 Base Fee*

Small Income Property- Fannie Mae 1025-Freddie Mac 72: $675.00 Base Fee** **Add $50 per unit for 3 or 4 unit properties.

Drive By/Curbside Appraisal Opinion (Old Forms 704 or 2055): $325.00 Base Fee*

Single Family Residence(2055): (with interior inspection-Old Form) $375.00 Base Fee*

Unique Residential Properties: $950.00- $2,500*

Relocation Appraisal Assignments: $650.00 Base Fee*

F.H.A. Appraisal: New or old form. $475.00 Base Fee*

Desk Review: $250.00 Base Fee*

Field Review: Without a valuation. $375.00 Base Fee*

Field Review: With a valuation in the report. $600.00 Base Fee*

Residential lots or acreage: $500.00 to $1,000.00*

 
APARTMENTS:

5-20 Units Form 71B $2,000.00 Base Fee*

5-20 Units Form 71A $3,000.00 Base Fee*

(Base Fee for 5-units, add $75.00 per unit after 5th unit.)

 
SMALL COMMERCIAL PROPERTIES:

Form: $3,000.00(Base Fee)* Narrative: $4,500.00(Base Fee)*

*Note: Properties on acreage, in remote areas, view properties, or complex assignments may require an additional charge at the discretion of the appraiser. Appraisal assignments involving litigation or legal issues please call for a quote. Contested Litigation appraisal assignments for residential properties require a minimum fee of $750.00.

 
OTHER CHARGES:

Additional Comparable Sale. $75.00 each

Single Family Comparable Rent Schedule: $200.00

Operating Income Statement: $75.00

Form 442 Cert.of Completion: $150.00

Additional Copy of Report: $50.00(Form Report Only)

Additional Original Copy with Original Color Photographs: $100.00(Form Report Only)

Update of Appraisal: (Depends on Scope of Work Required) Please Call for Quote

Re inspection Fee: $150.00

Cancellation Fee: prior to inspection: $150.00 Cancellation-post inspection: FULL FEE

Hourly Rate for Expert Testimony: $250.00

Monterey Bay Area Mobile Home Park Report on CD: $350.00, Renewal $250.00.

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