Services Provided
Services Provided
Appraisal Services
Bixby Appraisal Group provides commercial and residential appraisals for the following intended uses:
- Hard money loans
- Business dissolution
- Partnership dissolution
- Pre-sale/listing appraisals
- Cash purchase valuation
- Foreclosures
- Proposition 13 tax assessment appeal
- Fair market rent
- To help set rent schedules and lease provisions on commercial leases
- Assist in investment counseling and decision-making
- Loan underwriting
- To help set list price for FSBO sales
Bixby Appraisal Group
All appraisals are prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP), applicable federal and state regulatory requirements (FIRREA, OCC, etc.), and the specific requirements of each client.
All of our real estate appraisers are affiliated with the Appraisal Institute and all appraisals are signed by a designated member of the Appraisal Institute (MAI), the highest level of accreditation in the industry. In addition, all assignments comply with the Code of Professional Ethics & Standard of Professional Appraisal Practice of the Appraisal Institute. Commercial real estate appraisers near me.
Bixby Appraisal Group provides two types of reports — Appraisal Report & Restricted Appraisal Report.
An Appraisal Report is typically between 50 and 150 pages in length that summarizes the appraiser’s value conclusions which provides enough detail and description to convince the reader that the appraisal is correct and complete. This will typically include photos of the property, sales comps and rental comps, and adjustment grids explaining the appraisers reasoning, adjustments and value conclusions. It contains a reconciliation and of course a written certification.
A Restricted Appraisal Report is a less costly alternative compared to Appraisal Reports. Restricted Appraisal Reports state the appraiser’s value conclusion with minimal or no in-depth discussion, and with brief but appropriate property and market descriptions, and a reconciliation and written certification. The appraiser’s analysis and comps are contained in the work file, and the typical length may be from about 10 to 50 pages.
Most commercial appraisals are done within 2 weeks after the date of inspection. Residential appraisals can be done within 2 to 7 days. Inquire about our RUSH options. Call us today and we will work around your schedule if needed.
Our fee structure is based on the complexity of the assignment, not the market value. We offer a full range of options to satisfy your unique situation. All reports are emailed to the client in PDF format. Find out about the property types that we currently appraise.
Call us for a free quote at (310) 560-8156 or email us at ken@bixbyappraisal.com.
Memberships / Affiliations
MAI Designation - Appraisal Institute (#13871)
CCIM Designation - CCIM Institute (#24742)
