APPRAISALs:

Accurate and well supported appraisals are necessary for the protection of your real estate interests. We offer a variety of complete and limited appraisal products. Our report formats can be tailored to your needs while remaining competitively priced and assuring compliance with Uniform Standards of Professional Appraisal Practice (USPAP). Appraisals are completed for:

Financing

Acquisition Due Diligence

Estate Valuation

Portfolio Valuation

Foreclosure

Asset Disposition

Mark-To-Market Requirements

  APPRAISAL REVIEW:

In today's uncertain economy, reliable appraisals are a critical aspect of sound lending practice. Many banks do not have in-house appraisal professionals to assure that the reports they receive contain reasonable, adequately supported value conclusions. We can provide lenders with the review feedback they need to help manage risk, assist in underwriting decisions and maintain reliable collateral values. Individuals and corporations can also gain confidence in their real estate decisions by having an independent appraisal review.

APPRAISAL MANAGEMENT:

Appraiser independence has recently become a key issue for government examiners, and some banks may not have the resources to fully staff an independent appraisal department. Ness Associates can provide you with the autonomy of third party commercial appraisal management. We are very familiar with bank regulatory requirements and can customize a program to meet your specific needs - from one-time consulting to comprehensive appraisal administration. We can assist with:

Development of Appraisal Policies and Procedures

Third Party Appraiser Selection

Appraiser Engagement

Appraisal Reviews

Reconciliation

ADDITIONAL CONSULTING SERVICES:

Feasibility Studies

Supply and Demand Analysis

Cash Flow Analysis

Demographic Studies