Appraisal services are structured to fulfill the specific needs of the client. Needs such as:

• Assessment district analysis
  
• Bankruptcy
• Business valuation
• Charitable Contributions
• Construction lending
• Condemnation
• Cost Estimates and construction inspection
• Estate taxes
• Evaluating offers to purchase
• Investment analysis
• Leased fee / Leasehold interest
• Lease and market rent analysis
• Mortgage collateral review
• Minority interests
• Partial interest
• Property tax appeal

Depending on the type of property to be appraised and the requirements of the client, several report options are available. Choices range from self-contained narrative reports to summary reports that are limited in their content. Report types are described below: *

A Self Contained appraisal is a written report that sets forth the data considered, the appraisal procedures followed, and the reasoning employed. It addresses each item in the depth and detail required by its significance to the appraisal and providing sufficient information so that the client and the users of the report will understand the appraisal and not be misled or confused.

A Summary appraisal is a written report that contains a summary of all information significant to the solution of the appraisal problem. The essential difference between a self-contained appraisal report and a summary appraisal report is the level of detail of presentation.

A Restricted Use appraisal is a written report, for client use only, which contains a brief statement of information significant to the solution of the appraisal problem.

A Field Review is an appraisal review that includes inspection of the exterior and sometimes the interior of the subject property and possibly inspection of the comparable properties to confirm the data provided in the report. It is generally performed using a customized checklist that covers the items examined in a desk review and may also include confirmation of market data, research to gather additional data, and verification of the software used in preparing the report.

A Desk Review is an appraisal review that is limited to the data presented in the report, which may or may not be independently confirmed. It's generally performed using a customized checklist of items. The reviewer checks the accuracy of the calculations, the reasonableness of the data, and the appropriateness of the methodology as well as compliance with client guidelines, regulatory requirements, and professional standards.

*Definitions of report types are taken from the Dictionary of Real Estate, 4th edition, by the Appraisal Institute.