Appraisal FAQ
Frequently Asked Questions Received by Our Real Estate Appraisal Division
- The most common reason is to obtain financing from a lender.
- Estimate value for purchase or sale.
- Estate Tax Return (Date of Death).
- Adding or removing a property from a Trust or Partnership/LLC.
- Estate Planning (Gifting a Property over several years).
- Typically 1 to 4 weeks depending on difficulty.
- For Commercial Properties, Fees start as low as $1,000 and can be upwards of $5,000, depending on difficulty.
- For Residential Properties, Fees start at $300 for a SFR.
- There are 4 “Levels” of Licensing in the State of California:
- Trainee (Must work with a Licensed Appraiser)
- Licensed (1-4 Unit Residential)
- Certified Residential (1-4 Unit Residential “Complex”)
- Certified General (Any Residential, Commercial, or other type of Property)
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