Evaluations, per the Interagency Appraisal and Evaluation Guidelines, are market value opinions that may be provided by individuals who are not state-licensed or certified appraisers.
However, state licensed and certified appraisers may provide them, according to the Appraisal Institute’s Guide Note. The interagency guidelines also state that an evaluation must be based on a valuation method that is appropriate for a transaction rather than the method that renders the highest value, lowest cost or fastest turnaround time.
The introduction of evaluations had provided lenders flexibility when analyzing real estate or business operations in conjunction with loans, either new or existing.
The Valbridge Difference
The Benefits of our experience. Valbridge will leverage our expertise and our experience from over 675 professionals to tailor an evaluation to meet your needs. Because each property presents a unique challenge and demands it.