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| TYPES OF REPORTS |
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We offer several types of appraisals to our clients. Choosing a report: - The type of report that you choose is dependent on a number of factors.
- We work with you to determine the level of detail that you need, as well as the number of people that will utilize the report.
- That way, you receive the level of detail and sharing capabilities needed with your report.
Self Contained Appraisal Report Includes all data and information utilized by the appraiser; along with the rationale as to how and why he or she arrived at the conclusions and valuations. Summary Appraisal Report The essential difference between the Self Contained Appraisal Report and the Summary Appraisal Report is the level of detail in the report. This report offers a more concise presentation of the information gathered in the appraisal process. Restricted Use Appraisal Report The essential difference between the Self Contained and the Restricted Use Appraisal Report is the level of detail in presentation and use restrictions that limits the reliance on the report to the client and considers anyone else using the report an unintended user. The Restricted Use Report is a minimal presentation of the information gathered in the appraisal process. Note: The Market Value in each type of report is determined by utilizing all applicable appraisal techniques. The Market Value presented in all three report options are identical. The difference in the three report options available to the client is the level of detail of the information in the report.
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