There are two types of appraisal reports:  Complete and Limited.

Complete reports will cost you more than Limited reports. 

But Complete reports are not necessarily better or superior to Limited reports.  Many times , a Limited report is more than adequate for the situation.

Reports come in a variety of formats.  Some are completely written out - called a Narrative Report.  Some are not written at all - called a Verbal Report.  Most are on forms.  The longer a written report is, the more it will cost.  Complete Narrative Reports are the most expensive;  Limited Verbal Reports are the least expensive.

Some reports today are done completely by a computer.  These are called Automated Valuation Models or AVMs.  They are OK in low risk situations and are frequently used for pre-screening or to get a preliminary value estimate.

For residential appraisals, most reports are done on Fannie Mae/ Freddie Mac forms which are the industry standards for loan appraisals.  A specialized segment for residential appraisals is the relocation appraisal report.  Relocation reports are done on the Employee Relocation Council (ERC) forms.

There are Fannie Mae/ Freddie Mac forms for Complete Reports, a variety of drive-by limited reports, and for appraisal reviews as well.

John Regan provides Complete and Limited Fannie Mae/ Freddie Mac form reports and appraisal reviews and Employee Relocation Council reports for

                Single Family Residences, including Condominium and PUD units

                2- 4 unit properties (duplex, triplex, and fourplex)

                Reviews of other appraisal reports (like a 2nd opinion)

                ERC Relocation appraisal reports

To order an appraisal, an appraisal review or for more information, call or write to John Regan, Voice: 323-722-7397; Fax: 323-722-1114 or Email at johnregan@bigfoot.com