- Location/distance of the home – depending on where the property is located, the appraiser may have to set aside several hours just to get to the property.
- Difficulty obtaining property information from public sources – some sources (county recorders office) will even charge the appraiser to obtain information necessary to complete the appraisal.
- Complexity of the home – the research and time required to complete the appraisal, as well as the appraiser’s liability increases significantly with the complexity of the assignment. This is the reason fees jump significantly with properties that are more complex.
- FHA or Conventional Financing – A borrower may be receiving a quote based on our Conventional Financing Fee Schedule. However, an FHA order will be quoted at a higher fee, due to the additional inspection and report requirements.
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