Office:
859-881-5417

Fax:
859-881-5418

E-mail:
info@jckyappraisals.com

Address:
PO Box 863
Nicholasville, KY 40340
 

Jason Combs Appraisals - Services
 

Our Services

  • Single Family Interior/Exterior Appraisal Report (FNMA 1004/FHLMC 70)
  • Exterior Only Appraisal Report (FNMA 2055/FHLMC 2055)
  • Condo/PUD Interior/Exterior Appraisal Report (FNMA 1073/FHLMC 465)
  • Multi-Family Appraisal Report (FNMA 1025/FHLMC 72)
  • Single Family Comparable Rent Schedule (FNMA 1007)
  • Operating Income Statement (FNMA 216)
  • Standard Desk Review
  • Standard Field Review
  • Appraisal Update and/or Completion Report (FNMA 1004D)

 

Single Family Interior/Exterior Appraisal Report (FNMA 1004/FHLMC 70)

  • The standard Fannie Mae summary appraisal report
  • Considers market value trends, supply and demand and marketing times
  • Provides indicated value by cost approach, where appropriate
  • Provides a sales comparison analysis grid with indicated value by sales comparison approach
  • Quantitative adjustments to comparable sales
  • Estimates a specific market value

Exterior Only Appraisal Report (FNMA 2055/FHLMC 2055)

  • Summary appraisal report documentation but includes extensive property information
  • Provides quantitative adjustments to comparable sales
  • Estimates a specific value
  • Increases efficiency and reduces costs

Condo/PUD Interior/Exterior Appraisal Report (FNMA 1073/FHLMC 465)

  • 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

Multi-Family Appraisal Report (FNMA 1025/FHLMC 72)

  • Small residential income property appraisal report for two- to four-family residences
  • Provides neighborhood, site, and improvement descriptions
  • Provides general description of subjects physical structure
  • Notes condition of improvements, depreciation, repairs needed and quality of construction
  • Includes an analysis of market rents, with rental comparables
  • Sales comparison, income approach, and cost approaches are all considered in estimating market value

Single Family Comparable Rent Schedule (FNMA 1007)

  • Includes rental comparables in familiar grid format
  • Reports estimated market rent

Operating Income Statement (FNMA 216)

  • Reports income and expense projections for the next 12 months
  • Helps estimate necessary cash reserve

Standard Desk Review

  • A review of an appraisal provided by a lender, to determine if the opinion of value in the appraisal is reasonable.
  • The subject property and comparables are not inspected.
  • The reviewer verifies lot size, GLA, sales price, and date of sale for the subject property and the comparables.

Standard Field Review

  • A review of an appraisal provided by a lender, to determine if the opinion of value in the appraisal is reasonable.
  • The subject property and comparables receive an exterior inspection from the street.
  • Photographs of the subject's front and street, as well as the sales comparable's front are included.
  • The reviewer verifies lot size, GLA, sales price, and date of sale for the subject property and the comparables.

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

Fees
Our fees are competitive for the Central Kentucky area, however, as there are so many different types, sizes, markets, etc. of real estate we cannot place a single fee for each service provided. Our fees will vary based upon several aspects on the property such as location, market, size, acreage, and scope of work and scope of inspection. If you are a lender/appraisal management company/loan officer contact us and we can customize a fee sheet based upon your needs so you only pay for what you need. If you are a homeowner or need a personal appraisal contact us so we can decide what type of appraisal would best serve your purpose and you aren’t stuck paying for extra work which is not beneficial for you and may not suit your needs.

 

                                           
We take great pride in a job well done, and that's why putting a smile on your face is our goal!
Copyright © 2009 Jason Combs Appraisals. All Rights Reserved.