AppraisalEditor® 2600 Series Word.doc:Code # 2634 - Evaluation: Building Appraisal; Licensed Appraiser Report Format (Purchase REG Model Book #302008 for Applied Use) When to Use This Product:The AppraisalEditor® 2600 Series Commercial Real Estate Narrative Appraisal Report Word.doc Code #2634 - Evaluation: Building Appraisal; Licensed Appraiser Report Format was designed to conform to a Summary Appraisal Report Option conforming to the minimum requirements of USPAP which can readily be modified in use by a copy-cut-paste process to achieve the assignment Scope of Work requirements. The TABLE OF CONTENTS for this evaluation/appraisal report is shown at right. Part four of this building evaluation format is different from the land evaluation format since report sections are required for building valuation methods consisting of the Cost Approach, Sales Comparison Approach and the Income Capitalization Approach involving the application of AppraisalEditor® spreadsheet software: Market Analyzer, Cost Analyzer and Income Analyzer (Products 2650, 2660 and 2670). This AppraisalEditor® evaluation forma considers requirements of the "Interagency Appraisal and Evaluation Guidelines," dated October 27, 1994, known as OCC Bulletin 94-55. Federal regulations state that an evaluation is not regarded to be an appraisal assignment and does not need to conform to the Uniform Standards of Professional Appraisal Practice (USPAP) and does not require the services of a licensed appraiser. However, an evaluation assignment accomplished by a licensed appraiser is subject to conforming to USPAP regulations. Use this AppraisalEditor® Word.doc if you're a licensed Certified General Resident Appraiser. See your bank clients about this additional business opportunity and obtain approval for your use of this AppraisalEditor® Word.doc evaluation format for this type of appraisal related business! Jim Kramer, MAI |
TO SEE ANIMATION OF REPORT FORMAT --- CLICK HERE |