Residential & Commercial Real Estate Appraisals & CMA's

  • Buying or selling

  • ​Divorce settlements

  • Estate settlements

  • Probate

  • Real Estate property tax assessments

  • Pre listings

  • Pre purchase

  • Insurance assessments

  • We offer valuation products which are less expensive than appraisals 

CFAC provides appraisals to estimate market value, estate planning, divorce and more  

We provide a narrative appraisal report, an upgrade to the standard URAR "form report"

Daniel Peele is a State Certified General Real Estate Appraiser RZ 887

This license allows him to appraise both residential and commercial real estate

Fees and Pricing, Single family / Duplex / Triplex

Modern subdivision under $500,000 in value, $500 and up

Non subdivision on large lot, $800 and up

Luxury multi-million dollar lakefront, $2,000 and up

Duplex or Triplex, $800 and up

How are residential and commercial property appraisers licensed ?

Commercial & Residential RE appraisers have different licenses

Commercial RE appraisers appraise both commercial & residential real estate

Residential appraisers are limited to single family & multifamily up to four units

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Commercial Real Estate Appraisal

Daniel Peele has an extensive background in appraising Commercial real estate.

Please call to discuss your needs.

 

Commercial Real Estate Appraisal under RE Brokers License

Responsible Valuation Policy

(National Association of Realtors)

https://www.nar.realtor/appraisal-valuation/responsible-valuation-policy

Purpose of Valuation Policy

This document serves as the National Association of REALTORS® statement of federal policy on

valuing real property. It serves as a guide for members and staff in advocacy efforts for federal

legislation and regulatory policy. This statement of policy, aside from the National Association of

REALTORS® Code of Ethics, is not in any way an attempt to impose new or additional standards of

practice or behavior on members of the National Association of REALTORS®.

Standard of Practice 11-1

When REALTORS® prepare opinions of real property value or price, other than in pursuit of a

listing or to assist a potential purchaser in formulating a purchase offer, such opinions shall

include the following unless the party requesting the opinion requires a specific type of

report or different data set:

  1. identification of the subject property

  2. date prepared

  3. defined value or price

  4. limiting conditions, including statements of purpose(s) and intended user(s)

  5. any present or contemplated interest, including the possibility of representing the

  6. seller/landlord or buyers/tenants

  7. basis for the opinion, including applicable market data

  8. if the opinion is not an appraisal, a statement to that effect (Amended 1/10)

Responsible Valuation Policy

Appraisals

  • Persons who perform appraisals of real property shall be licensed or certified by their respective

  • state regulatory agency and the appraisal shall be conducted in accordance with standards

  • established in the Uniform Standards of Professional Appraisal Practice (USPAP).

  • No person with an interest in the mortgage transaction shall compensate, coerce, extort,

  • collude, instruct, induce, bribe, or intimidate a person, appraisal management company, or firm

  • for the purpose of causing the appraised value to be based on anything other than the

  • independent analysis of the appraiser.

Non-Appraisal Opinions

  • Non-appraisal opinions, such as Broker Price Opinions (BPO) and comparative market analyses

  • performed by REALTORS® shall contain, at a minimum, the information specified in Standard of

  • Practice 11-1 of the National Association of REALTORS® Code of Ethics except where the party

  • requesting the opinion requests a specific type of report or different data set, or where the opinion

  • is developed in pursuit of a listing or to assist a potential purchaser in formulating a purchase offer.

Is there a list of Real Estate Service Providers that I can refer to?  Yes....

Examples include residential appraisers, private lenders, surveyors, environmental

consultants, lawyers and many more............

Yes, please visit the "RE Related Services" page on this website.