Question 1

Commercial Appraisal Reports

Accepted Answer

All commercial appraisal reports are compliant and conform to the current Uniform Standards of Professional Appraisal Practice (USPAP) and to any federal and state requirements.

We are well versed in the requirements/standards for Financial Institutions Reform, Recovery and Enforcement Act (FIRREA), Interagency Appraisal and Evaluation Guidelines, IRS Guidelines, the U.S. Small Business Administration (SBA), and more.

Question 2

Restricted Appraisal Reports

Accepted Answer

For a less costly alternative to commercial appraisal reports, we also provide restricted appraisal reports. These reports are condensed and state the facts rather than summarize the conclusions. These reports could have less scope as well such as no inspection, one approach to value and etc. depending on the client requirements but still adhere to the current Uniform Standards of Professional Appraisal Practice (USPAP).

Question 3

MAI  Appraisal - MAI Appraiser

Accepted Answer

Luis E. Lobos is a member of the Appraisal Institute. The MAI designation has long been recognized by courts of law, government agencies, financial institutions, and investors as a mark of excellence in the field of real estate valuation and analysis.

Question 4

Retrospective Appraisal

Accepted Answer

Do you need a valuation of a commercial property from the past. We do provide retrospective valuations. We have performed retrospective valuations of properties with various retrospective dates. Sometimes, the retrospective valuation is related to a date of death or property dispute.

Question 5

Data of Death Appraisal

Accepted Answer

We provided date of death appraisals. When someone passes away a valuation of the descendant’s assets, including real estate property, is required. This valuation is necessary for tax purposes to establish a basis.

Question 6

Fair Market Rent

Accepted Answer

Many times, when a lease is about to expire or options periods are about to start without predetermined rental rates, the lease calls for a fair market rent to be established by an appraiser. We provide fair market rent appraisal services for various commercial property types. The fair market rent is based on an analysis of comparable properties with comparable leases. For any fair market appraisal services, please contact us.

Question 7

Property Tax Appeal

Accepted Answer

We provide independent third-party valuation which can help property owners appeal taxes/assessed values for their commercial real estate.

Choosing a commercial appraiser rather than a tax firm (non-appraiser) can be a less costly alternative since licensed appraisers are not paid on contingencies and our opinions are designed to provide accurate and impartial valuation opinions, which adhere to USPAP. Tax firms (non appraisers) typically are paid on contingency, which is usually 40% to 50% of the total tax saving.

Question 8

Insurable Value

Accepted Answer

We provide insurable values for various commercial properties. Standard insurance policies provide indemnity coverage of improvements. Commercial Insurable Values consist of the actual cash value, reproduction costs and/or replacement costs of improvements excluding land.

Our Services

OUR
SERVICES

Product Types

Appraisal Services

Commercial Appraisal Reports

Restricted Appraisal Reports

MAI Appraisal - MAI Appraiser

Retrospective Appraisal

Data of Death Appraisal

Fair Market Rent

Property Tax Appeal

Insurable Value

Our Services

OUR SERVICES

Product Types

Appraisal Services

Commercial Appraisal Reports

Restricted Appraisal Reports

MAI Appraisal - MAI Appraiser

Retrospective Appraisal

Data of Death Appraisal

Fair Market Rent

Property Tax Appeal

Insurable Value

OUR
SERVICES