Products & Services

Condition and Marketability Report FHLMC 2070

  • Summary appraisal report that conforms to USPAP requirements
  • Reports general condition of the subject property and marketability factors
  • Reports current market conditions of the neighborhood
  • Option for upgrade path as adverse factors are observed
  • No estimate of market value

Property Inspection Report FNMA 2075

  • Exterior inspection of the subject property from the street
  • Report consists of limited subject property and marketability factors
  • No estimate of market value

Exterior Only Inspection Residential Appraisal Report FNMA 2055

  • Summary appraisal report documentation but includes extensive property information
  • Provides quantitative adjustments to comparable sales
  • Estimates a specific value
  • Increase efficiency and reduce costs
  • Detailed comparable grid includes all important components for adjustment

Uniform Residential Appraisal Report (URAR) FNMA 1004

  • Most comprehensive collateral assessment product offered by Triserv
  • Considers market value trends, supply and demand and marketing times
  • Provides indicated value by cost approach
  • Provides a sales comparison analysis grid with indicated value by sales comparison approach
  • Detailed comparable grid includes fence, pool, porch, patio, deck, garage/carport, heating/cooling and functional utility
  • Quantitative adjustments to comparable sales
  • Estimates a specific market value

Field Review Report FNMA 2000

  • Used to determine the completeness and accuracy of the data in an appraisal report
  • Verifies accuracy of market value as of the effective date of original report
  • Includes comprehensive analysis to determine the completeness and accuracy of all appraisal components
  • Provides additional comparable sales if the sales utilized in the original report were not comparable to subject
  • Provides a market supported estimated of value, if the original value was considered not reasonable
  • Includes a signed Appraiser’s Certification

Multi-Family Appraisal FNMA 1025

  • Small residential income property appraisal report for two- to four-family residences
  • Provides neighborhood, site and improvement descriptions
  • Provides general description of subject’s exterior, foundation, basement and insulation
  • Notes condition of improvements, depreciation, repairs needed and quality of construction

Multi-Family Field Review Report FNMA 2000A

  • Used to determine the completeness and accuracy of the data in an appraisal report of Small Residential Income Property (1025)
  • Verifies accuracy of market value as of the effective date of original report
  • Includes comprehensive analysis to determine the completeness and accuracy of all appraisal components
  • Provides additional comparable sales if the sales utilized in the original report were not comparable to subject
  • Provides a market supported estimated of value, if the original value was considered not reasonable
  • Includes a signed Appraiser’s Certification

Manufactured Home Appraisal Report FNMA 1004C

  • New appraisal form that replaces prior addendum appended to 1004 or 1073
  • Complete analysis that includes Cost Approach and Sales Comparison Approach
  • Specific HUD code identification

Co-op Appraisal FNMA 2090

  • Provides blanket mortgage information, which is in effect for the co-operative project as a whole to determine potential risks for the loan
  • Considers market value trends, supply and demand and marketing time
  • 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

Exterior Co-op Appraisal FNMA 2095

  • Provides blanket mortgage information, which is in effect for the co-operative project as a whole to determine potential risks for the loan
  • Considers market value trends, supply and demand and marketing time
  • 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

Condo Appraisal FNMA 1073

  • 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

Exterior Condo Appraisal FNMA 1075

  • Considers market value trends, supply and demand, and marketing time
  • Room count and actual square footage for 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

FHA Appraisal

  • FHA appraisal provided in a uniform format for reporting neighborhood, site and improvement descriptions
    URAR, Multi-Family or Duplex may apply
  • Includes a HUD/FHA Valuation Condition Sheet and HUD/FHA Home Buyers Summary listing detailed condition of property and required improvements prior to loan closing
  • Considers market value trends, supply and demand and marketing times
  • Provides a sales comparison analysis grid with indicated value by sales comparison approach
  • Quantitative adjustments to comparable sales
  • Estimates a specific market value

Supplemental REO Appraisal Addendum

  • LSI’s comprehensive valuation program for residential real properties throughout the various stages of foreclosure and asset disposition process
  • 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 “as repaired” values for normal marketing times
  • Provides “as is” and “as repaired” values given client-imposed marketing time

Land Only Appraisal

  • Estimates the market value of unimproved sales suitable for residential development
  • Includes a signed Appraiser’s Certification

Plans/Specs Appraisal

  • Used for new construction to review plans and specifications to determine estimated market value
  • Provides general description of subject’s exterior, foundation, basement and insulation
  • Calculates room count and actual square footage for GLA
  • Notes condition of improvements, depreciation, repairs needed and quality of construction
  • Provides sales comparison analysis grid with indicated value by sales comparison approach

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 reinspection who completed original appraisal report
  • Allows lender to ascertain the current construction status of subject property without incurring the cost of another appraisal