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APPRAISAL INFORMATION
Appraisal: "Appraisal" means a written statement independently and impartially prepared by a qualified appraiser setting forth an opinion as to the market value of an adequately described property as of a specific date, supported by the presentation and analysis of relevant market information. A document that gives an estimate of a property's fair market value; an appraisal is generally required by a lender before loan approval to ensure that the mortgage loan amount is not more than the value of the property.
California Certified Appraisers will provide professional service with reasonable appraisal fees and fast turnaround times. Residential fees can vary greatly depending on the region, property and time estimated to complete the appraisal report. The more complex the house appraisal report, the higher the fees. While the national average for a standard residential property appraisal fee is around $375, fees do vary by region from approximately $250-$500 for standard properties. Complex residential appraisal reports can exceed $1,000. House appraisal reports for FHA loans are not considered standard and tend to have higher fees due to the extra amount of work and time it takes to complete the report versus a report for a conventional loan. Commercial appraisal fees can vary greatly depending on the property type and the report type. Commercial appraisal fees of $1,500 to $5,000 are common nationwide although they can go much higher for complex appraisal reports.
California Certified Appraisers is committed to be competitive and fair on all appraisal products. Call for coverage areas and rate, for a owner occupied single family appraisal report typical $375,00 cost can be expected. We use fully EDI (electronic delivery) capable software and PDF file transfer of reports securely to you by your personal internet mail.
David G. Schuller is a State Certified General Appraiser: Title XI generally requires a State certified general appraiser to be a person who:
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meets at least the minimum AQB criteria for "Certified General Real Property Appraiser"; and
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passes a State administered examination issued or endorsed by the AQB.
The AQB criteria for general certification include
300 Hours of education covering 10 modules, including 15 hour National USPAP Course and a Bachelors Degree. In lieu of a Degree 30 semester credits in specific subject matters may be substituted A minimum 3,000 hours encompassing at least 30 months of acceptable experience. At least 1,500 hours of the experience
must be non-residential.
For recertification, an appraiser needs to accumulate continued education classroom hours or course work for each year during the period preceding certification renewal.
fourteen hours of continuing education is required for each calendar year in which a license is valid.
Continuing education hours are accumulated time before the certification renewal date to remain actively licensed.
David Schuller has been a active Real Estate Appraiser since 1979 employed by, or provided appraisal reports for Savings & Loan, Banks, Lawyers, Mortgage Brokers, and private individuals (over 25 years of real appraisal
experience). There is many appraisal
organizations
and alphabet memberships (we have held memberships with the Society of Real Estate Appraisers, National Association of Real Estate Appraisers and others). All provided appraisers with excellent education and group applications to voice direction and actions to where the profession has grown into today. Our related direct
experience, licensed by the State of California since the beginning as a "Certified General Appraiser" designation
is our provision to you. We have completed assignments on specialized, typical and non-typical residential, multi-family, commercial and industrial properties in Northern and Southern California. We look forward to providing you the best applicable report for your needs.
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