WHAT WE DO

OUR FEE SCHEDULE

OUR PROFESSIONAL STAFF

APPRAISAL ORDER

MAP & DIRECTIONS

Our Fee Schedule - 2006

Standard URAR Form 1004 (Single Family Residential Property, owner occupied, one unit)	$300
Additional Services:
Interior Photos	$50
Detailed Room Sketch	$50
Additional Comparables over 3	$25 per
Listing Comparable	$25 per
Single Family Income Property	$350
Additional Services:
Rent Schedule Form 1007	$100
Operating Income Statements Form 216 (If ordered with, and at the time of the original appraisal)	$100
Manufactured Houses on Form 1004C with additional information and forms	$350
REO (with interior photos, cost to cure, 2nd Value & Listing Comps)	$450
New Construction (A copy of plans and specs required)	$300 plus draw/redraw fee(s)
Draw/Re-inspection/Compliance/Completion/442 fee:	$100 per instruction w/ report
FHA	$350
FHA Compliance Inspection	$100
FNMA 2000 Field Review
- Single Family	$250
- Multi Family	$300
FNMA 2000 Field Review w/ Supplemental Comps
- Single Family	$250
- Multi Family	$300
Employee Relocation (ERC) Appraisals (Includes interior photos, detailed room sketch, competing listings, and all ERC required details)	$500
2055 (Drive-by Form with Comp Photos)	$200
Retype/Rename to New Lender**	$100
Recertivication of Value (Subject as of date of original appraisal with new comps)	$175
Condominium	$325
Vacant Residential Land	$250
Vacant Commercial Land	$500
2-4 Family Multi Unit Call for rates & availability	$600 Minimum
Rent Schedule & Operating Income Statements (If ordered with and at the time of the original appraisal.)	$100 Each
Commercial (Building and Land)	$750 Minimum
Residential Narrative Appraisal Reports	$450
Court Deposition (+ $75 per hour preparation and travel time fee)	$250 Per Hour
Court Testimony (+ $75 per hour preparation and travel time fee)	$250 Per Hour

All fees are basic fees, travel/mileage, rush and other fees are in addition, see below. Fees for out of area, small commercial properties, business valuations, churches, multifamily residential complexes, farms, and narrative reports on other than single family residences are to be negotiated. For a complete list of communities and zip codes, you can call, fax or e-mail us - or download it here.

**Renaming reports into a new lender name is available up to 6 months from the date of the original appraisal. A new appraisal is generally needed if the original report is older than 6 months. However, we need the written
authorization from the original lender first, giving Appraisal Professionals authorization to release the report to the new lender. If a new appraisal is needed, a $50 discount will be given, if the original lender releases the
report. If the original lender does not release the report, in writing, a complete new appraisal and new inspection and photos, at the regular rate is required.

Appraisal Services Coverage Area and Travel Mileage Fees
We currently service Kalamazoo County with a $25 discount ($275), Kalamazoo City and Township is an additional $25 discount ($250) for URAR and 2055 reports. Surrounding counties of Van Buren, Cass, St.
Joseph, Branch, Calhoun, Barry, and Allegan are covered within 50 miles of Kalamazoo for the basic fee, $25 over 50 miles ($325). We cover the next tier of counties, Jackson, Hillsdale, Ionia, Montcalm, Muskegon, Ottawa, and Berrien counties for an additional fee of $25 ($325), up to 50 miles from Kalamazoo, $50 for up to 75 miles ($350), $100 for up to 100 miles ($400). We also provide limited coverage of Oceana, Newaygo, Mecosta, and other northern counties may be considered for an additional fee on a per request basis. Fee will start at $400 and may go up, depending on the distance from Kalamazoo. We also have limited coverage of other counties in West Michigan up to and including the Traverse City area, and can by special arrangement do appraisal work in any Michigan County. Fees by arrangement, but minimal fee is $400. See attached coverage
area map.

Turn Around Time
All standard reports are typically sent within 3-5 working days after inspection. Rush orders may be available upon request, for an additional fee of 50% for 24 hours or less ($150), 25% for 48 hours or less ($75).

Ordering Appraisal Reports
Appraisals may be ordered by calling (269) 665-9320, by fax at (269) 216-4385, or by email at WestMIAppraisal@aol.com. Include the lender’s/client’s name, address, phone and fax numbers, email address, servicing agent, and loan officer, if applicable, address of subject property, including zip code, name and phone number of person(s) occupying the property or who has access to the property, legal description, survey, property tax statement, previous appraisals of the property, sales and/or listing history and any and all details that will expedite the appraisal inspection and report.

Delivery and Billing of Appraisal Reports
Appraisal reports are sent via E-mail in PDF format (Adobe Acrobat), unless other arrangements are made. Color Faxes are available. An additional fee of $25 for first class postage or Priority Mail, and $50 for overnight
delivery. Payment is to be made at time of the inspection, unless other arrangements are made ahead of time. Cash, money order, certified check, or MasterCard or VISA. No personal checks. MasterCard and Visa cards
can be accepted for an additional $10 fee. Appraisal Professionals reserve the right to refuse orders from certain clients, and/or reserves the right to put new or specific clients on a COD only policy.