REVAC Inc. Appraisal Services

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REVAC is committed to providing its clients with the full range of services needed to be successful in today's ever changing commercial real estate market.

Appraisal Services

REVAC, Inc., an internationally recognized appraisal and consulting firm, has an appraisal and research staff with over 65 years of combined experience in appraising and preparing feasibility studies throughout the United States. REVAC staff has prepared professional reports on virtually all types of properties for lenders, developers, government agencies, insurance companies, corporations, syndicators, accounting firms, and pension funds.

APPRAISAL VALUATION GUIDELINES
Valuation Requirements

Key	_{Reproduction Cost}
		_{Depreciated Reproduction cost}
N = Normal			_{Actual cash Flow}
O = Occasionlly				_{Book Value}
A = Always					_{Tax Basis}
						_{Liquidation Value}
							_{Fair Market Value}
_{Business Purpose}
_{Acquisition / Merger / Sale}	-	-	-	-	-	-	A
_Financing	N	-	N	-	-	-	N
_{Ins Placement & Proof of Loss}	-	-	-	-	-	-	O
_Liquidation	-	-	-	-	-	N	O
_{Property Records Corporate}	-	O	-	N	-	-	-
_{Property Records Tax}	-	-	-	-	A	-	-

_{Real Estate}
_Condemnation	-	-	-	-	-	-	A
_Financing	-	O	-	-	-	O	N
_{Purchase Sale}	-	-	-	-	-	-	A
_{Urban Renewal}	-	-	-	-	-	-	A
_Taxation	-	-	-	-	N	-	-
_{Ad Valorem Tax}	-	-	-	O	-	-	N
_{Estate Tax}	-	-	-	-	-	-	A

_{Income Tax}
_{Allocation of Purchase Price}	-	-	-	-	-	-	A
_{Depreciation Studies}	-	-	-	-	A	-	-
_{Gift Tax Deduction}	-	-	-	-	-	O	N

SIX TYPES OF APPRAISAL PRODUCTS

The appraisal development process and the reporting process can be combined six different ways. Either a Complete Appraisal or a Limited Appraisal can be reported in any of the three report types.
DEVELOPMENT PROCESS	REPORT TYPE	TYPICAL APPRAISAL FEES FOR EXISTING APARTMENTS
Complete Appraisal	Self-Contained	$4500 - $5000
	Summary	$3000 - $3800
	Restricted Use	$2000 - $2500
Limited Appraisal	Self-Contained	$4000
	Summary	$3000
	Restricted	$2000 - $2500

William Forrest MAI, ASA

(281) 496-2388 or (800) 715-7500 ext.102

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Professional Services

Appraisal Services

APPRAISAL VALUATION GUIDELINES Valuation Requirements

SIX TYPES OF APPRAISAL PRODUCTS

APPRAISAL VALUATION GUIDELINES
Valuation Requirements