
Evaluations
Commerical Evaluations can be an affordable yet comprehensive way to analyze a property or portfolio for credit decisions and loan monitoring and are in full compliance with Interagency Appraisal and Evaluation Guidelines (IAG Guidelines).
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Typical turn times are from two to three business days.
Commercial Evalution Report (CE)
$290+
Verified Property Data and Assessment Information for the Subject Property and the Comparable Sales
Sales Data
Condition, Environment and Market Area Data
Sales Comparison Approach to Value with Market,
Sale Condition and Physical Character Adjustments
Subject Parcel Map
Comparable Sales Map
Reconciliation of Data
Commercial Evaluation Report PLUS
(CE+)
$540+
​Verified Property Data and Assessment Information for the Subject Property and the Comparable Sales
Sales Data
Condition, Environment and Market Area Data
Sales Comparison Approach to Value with Market,
Sale Condition and Physical Character Adjustments
Subject Parcel Map
Comparable Sales Map
Income Approach
Reconciliation of Data
Land Commercial Evaluation Report (LCER)
$290+
​Verified Property Data and Assessment Information for the Subject Property and the Comparable Sales
Sales Data
Condition, Environment and Market Area Data
Sales Comparison Approach to Value with Adjustments
Subject Parcel Map
Comparable Sales Map
Reconciliation of Data
Replacement Cost Report (RCR)
$250+ ($175+ update)
Subject Parcel Map
Verified Subject Characteristics
Replacement Cost Analysis for All FEMA-defined Structures based on Swift Estimator data provided by Marshall and Swift
Commercial Property Site Inspection (PSI)
$250
Exterior Inspection with Photos
Condition, Environment and Market Area Data
Parcel Map
Reserve Studies (RS)
$390+
($175+ update)
Detailed report showing current reserve adequacies or deficiencies
Recommendations to correct any deficiencies
Photos of reserve items
Property Sketches $125+
2D sketches of properties
Exterior dimensions
Area calculations
ADD ONs
Exterior inspection of subject - $125+ (Office staff or LREP)
Interior inspection of Subject - $200+ (Office staff or LREP)
Replacement cost - $100+ (not available for RCR)
Remaining economic life - $30
Annual update - $175+
SBA Loan - $0
Live Video Walk Through - $100 (subject to internet availability)