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Residential Appraisal Report Preparation Services

SunTec India offers a broad range of residential appraisal report preparation services with an aim to support real estate property appraisers in estimating the market or insurable value of all types of residential properties. Our in-depth domain expertise coupled with industry experience enables us to prepare appraisal reports by mining and researching data in accordance to a particular criteria, collating data from multiple source files, keying-in details in a database, and scanning & indexing the files.

Housing a dedicated team of residential appraisal report preparation professionals, our task begins right from collating required information about the property, ownership, site, neighborhood, interior and exterior condition, room allocation, etc.

We have expertise to help you prepare residential appraisal reports for the following areas:

  • Single-family residences
  • Multi-unit properties
  • Vacant lands
  • Modular homes
  • New constructions
  • Condominiums
  • Manufactured homes, etc.

SunTec India's Residential Appraisal Report Preparation Services

With our 15 years of experience, technical know-how and understanding of real estate valuation and appraisal terminology, we are uniquely positioned to draw upon our knowledge in providing end-to-end residential appraisal report preparation services. Our experts gather information from a multitude of sources including documents of Deed of Trust & Federal Tax Liens available on county clerk websites to draft appraisal reports for realtors, property dealers, property appraisers, businesses and agencies.

We strictly adhere to the Code of Ethics and Uniform Standards of Professional Appraisal Practice (USPAP) for residential evaluation reports, which contain four sections, viz. Introduction, Factual Data, Analysis and Conclusion, and Addenda.

With our residential appraisal report preparation services, we assist you in developing the following reports:

  • 1004 - Uniform Residential Appraisal Report
  • 2055 - Desktop Underwriter Quantitative Analysis Appraisal Report
  • Small Residential Income Property Appraisal Report
  • Individual Condominium Unit Appraisal Report
  • Employee Relocation Council Residential Appraisal Report
  • Land Appraisal Report

And more!

We make sure that the reports are complete with the following details:

  • The estimate of value
  • The effective date of the appraisal
  • Purpose of the appraisal
  • An identification of the property and its ownership
  • Condition of the neighborhood
  • Qualifying conditions
  • Descriptive support material including photographs, maps, charts, plans, etc.

Our experts enter the following information, while ensuring utmost accuracy and precision:

  • Title/ Subject Page
    • Property name and identification
    • Property address, complete with city, state and zip code
    • Name and address of the client
    • Name and address of the appraiser
    • Property rights appraised
    • Legal description
    • Effective date of the valuation
    • Date of report preparation
    • Lender/ client name and full address
    • Assessment land
  • Description of improvements - Exterior and Interior
    • Estimated year built
    • Construction
    • Design
    • Basement
    • Roofing material
    • Overall exterior condition
    • Insulation
    • Floor plan
    • Closet
    • Flooring, walls and ceilings
    • Overall interior condition
  • Neighborhood Description
    • Nature of district
    • Trend of district
    • Conformity of subject
    • Average age of properties
    • Supply
    • Demand
  • Site Description
    • Site dimensions
    • Site area
    • Configuration
    • Zoning
  • Project Information for PUDs (if applicable)
  • Comments
  • Cost Approach
  • Income Approach
  • Sales Comparison Approach
  • Reconciliation
  • Summary Appraisal Report
  • Building sketch
  • Special Limitations
  • Subject Photo Addendum
  • Comparable photo page
  • Location Map Addendum
Let's Get Started!
SunTec India offers a complete suite of residential report preparation services to clients across the globe. To learn how we can help you save your time, money and efforts required to prepare residential appraisal reports, kindly drop us a line at info@suntecindia.com or fill up our Contact Us form and we will get back to you shortly.