
| COMMON APPRAISAL PRODUCTS Most single family residential full appraisals use the form 1004. We are also approved for FHA appraisals. Narrative reports for small commercial / industrial properties are available. **UNIFORM RESIDENTIAL APPRAISAL REPORT (URAR) FNMA 1004 Most comprehensive collateral assessment product offered by Schweitzer Appraisals Inc. Considers market value trends, supply and demand and marketing times. Provides indicated value by cost approach. We now offer a "Preliminary Value Report" for $50.00. This is a one-page summary of sale activity noted in the area. No field inspection is conducted. This will give a probable price range without doing a complete appraisal, and may help in the decision-making process. These can be completed in 2 days or less. MULTI-FAMILY APPRAISAL FNMA 1025 Small residential income property appraisal report for 2-4 family residences. Considers the value of the subject from a Cost, Income, and Direct Sales Comparison Approach. CONDO APPRAISAL FNMA 1073 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. LAND ONLY APPRAISAL Estimates the market value of unimproved sales. Highest and Best Use is addressed. QUALITATIVE ANALYSIS APPRAISAL REPORT FNMA 2065 Relies solely on sales comparison approach to value as an indicator of market value. CONDITION AND MARKETABILITY REPORT FHLMC 2070 Reports general condition of the subject property and marketability factors. PROPERTY INSPECTION REPORT FNMA 2075 Report consists of limited subject property and marketability factors. QUANTITATIVE ANALYSIS APPRAISAL REPORT FNMA 2055 EXTERIOR/INTERIOR Summary appraisal report documentation but includes extensive property information. FHA APPRAISAL Provided in a uniform format for reporting neighborhood, site, and condition of improvements. A detailed condition of property, along with required repairs is reported. NEW CONSTRUCTION APPRAISAL Used for new construction to review plans and specifications to determine market value. REINSPECTION/SATISFACTORY COMPLETION REPORT FNMA 1004D An inspection to verify that repairs and/or new construction has been completed. APPRAISAL REVIEWS AND INSPECTIONS STANDARD DESK REVIEW The subject property and comparables are not inspected. This a technical review to verify the data used in the appraisal report. Where discrepancies are found, the reviewer will provide additional data to determine a probable value. STANDARD ENHANCED DESK REVIEW Same as the Standard Desk Review, with up to 3 additional comparables provided. STANDARD FIELD REVIEW The subject property and comparables receive an exterior inspection from the street with a review of the methodology and adjustment analysis of original full appraisal, to determine whether the value concluded to in the original appraisal is supported. ENHANCED FIELD REVIEW Same as a Field Review, with up to 3 additional comparables provided. STANDARD FIELD REVIEW W/INTERIOR INSPECTION A Field Review with the addition of an interior inspection of the subject property. FORENSIC REVIEW Primarily used for the detection of a fraudulent appraisal. An extensive review of all factors affecting value as of the specific date of the original appraisal that was provided for review. Supporting documentation provided for potential action against or for the original appraiser. DISASTER INSPECTION REPORT Useful for lenders, insurance companies, investors or holders of mortgage-backed securities which may have loans that are at risk due to a natural disaster. COURT APPRAISALS An appropriate report format will be provided. The type of format presentation will be derived from the needs and requirements of the attorney involved in the litigation. |

