Desktop Appraisal - These are becoming more and more popular as the infamous " comp check" becomes a thing of the past. The desktop appraisal is an actual appraisal preformed by a licensed or certified appraiser that researches the subject's tax records, MLS, and other online information, then finds comparable sales and actual prepare a report. These can typically be done the same day and are less than $100.

Sample Desktop Appraisal

Value Safe Appraisal Program

Value Safe appraisal program offers the best appraisal program in the industry for both the mortgage company and the borrower.

The Value safe appraisal program was designed to be a cost effective low risk way of obtaining an accurate estimation of market value for a property without paying for a full appraisal. Everyone knows a full appraisal is the most accurate way to determine the market value of a property. However, due to its hefty price borrowers are not always able to pay for a full appraisal upfront and sometimes are turned off by having to pay $400 - $500 hoping the value comes in at a high enough value to facilitate a loan.

The Coester Solution : Instead of ordering a full appraisal, you order something called a “desktop appraisal” or “limited appraisal”. The price of a desktop appraisal is much less than a full appraisal and typically cost’ s $100 - $150. Once ordered we will assign it to one of our local qualified appraiser to perform the analysis on the property using the local MLS data sources just like they would with a full appraisal. The report is done from the appraiser’s office and can typically be done in 1-3 days. Upon receipt it will be reviewed by one of our staff and sent to you for your review. If the value is sufficient to support a loan and a full appraisal should be ordered the money paid for the desktop appraisal will get applied to the full appraisal and the total cost will be the same as a regular appraisal. If the value is not high enough to support a loan than the borrower has only spent $100 - $150 instead of $450 and everyone can dismiss the possibility refinancing on good terms.

Printable Version - Value safe Appraisal Program

Desk Review - this is a review of a previous appraisal done to ensure accuracy. It can provide great insight into what the appraiser did or did not do and can also assist in making a loan decision post pre-funding quickly.

AVM's - these are Automated Valuations that provide an instant valuation based on multiple matrices and information.

Reconciliation Report - this provides insight and value adjustment or advice on an existing Appraisal, BPO, or AVM. A reconciliation answers the questions of " What did they miss?" or " What could/should they have done?". They are valuable when additional information is needed for a report as an appraiser, realtor, or AVM can only provide so much information and the client could have particular request that is beyond the scope or expertise of the particular valuation.