Are you looking for information about commercial property?
Listed below are the products that CertifiedREI has for commercial real estate.
For more information please call (866)-362-5405
Commercial Products
Full Narrative Appraisal Report
The CREI FNAR is designed for any type of commercial or Industrial property or vacant land including sub-division. It is commonly used by lenders and other investors for purchases and refinancing purposes. It is also used for tax appeals, condemnation, estate matters, marital conflicts or most situations involving complex commercial property, industrial property or vacant land.
A description of the physical characteristics of the property and comparables will be obtained from reliable data sources. There will be a thorough interior and exterior inspection.
The CREI FNAR is a in depth report which typically consists of a summary of conclusions, regional and neighborhood analysis; description of the site and the improvements; highest and best use analysis; zoning analysis; tax analysis; statement of ownership; property rights; scope of the appraisal; cost approach; income approach; direct sales comparison approach utilizing comparable sales; reconciliation; description of the appraisal process, definition of market value; certification; contingent & limiting conditions; FIRREA addendum; interior and exterior photos of the subject property; exterior photos of all comparable sales used; comparable sales location map; sketch of subject property showing layout; flood map if available.
CREI will send a request to no more than three local professionals for bids. Because of the possible complexity of this type of product the price is quoted on a case by case basis using a standard bidding process to set the reasonable fee. After the bids are received you will be contacted with the bid prices. At that time you can choose to accept a bid and assign the order to the bid winner. It is CREI policy to collect 50% of the accepted bid price, as a deposit, at the time the bid is accepted. The balance will not be due until the work is completed and shipped to you. In the event the order cannot be completed and delivered the 50% deposit will be refunded. Cancellation of the order on your part will result in a cancellation fee which will be taken from the 50% deposit before the deposit is refunded.
Limited Narrative Appraisal Report
The CREI LNAR is offered for any type of commercial property or vacant land. It’s used normally in situations involving small non-complex commercial property, industrial property or vacant land. It is commonly used by lenders and other investors for purchases and refinancing purposes. It is also used for tax appeals, condemnation, estate matters, marital conflicts or most situations involving non complex commercial property, industrial property or vacant land.
A description of the physical characteristics of the property and comparables will be obtained from reliable data sources. There will be a thorough interior and exterior inspection.
The CREI LNAR is a summary of conclusions, regional and neighborhood analysis; description of the site and the improvements; highest and best use analysis; zoning analysis; tax analysis; statement of ownership; property rights; scope of the appraisal; cost approach; income approach; direct sales comparison approach utilizing comparable sales reconciliation; description of the appraisal process, definition of market value; certification; contingent & limiting conditions; FIRREA addendum; interior and exterior photos of the subject property; exterior photos of all comparable sales used; comparable sales location map; sketch of subject property showing layout; flood map if available.
CREI will send a request to no more than three local professionals for bids. Because of the possible complexity of this type of product, the price is quoted on a case by case basis using a standard bidding process to set the reasonable fee. After the bids are received, you will be contacted with the bid prices. At that time, you can choose to accept a bid and assign the order to the bid winner. It is CREI’s policy to collect 50% of the accepted bid price, as a deposit, at the time the bid is accepted. The balance will not be due until the work is completed and shipped to you. In the event the order cannot be completed and delivered the 50% deposit will be refunded. Cancellation of the order on your part will result in a cancellation fee which will be taken from the 50% deposit before the deposit is refunded.
Full Commercial Title Report
The CREI FCTR is designed for any type of commercial or Industrial property or vacant land including sub-division. It is commonly used by lenders and other investors for purchases and refinancing purposes. It is also used for tax appeals, condemnation, estate matters, marital conflicts or most situations involving commercial property, industrial property or vacant land.
The legal description, owner of record, liens and judgments recorded against the property, and its owners of public record will be included in the report. This information contained in the CREI FCTR will be obtained from reliable data sources which includes, but is not limited to local court house records, public and private data sources. These are typically life of the property, up to, but not exceeding a 20 year search.
CREI will send a request to no more than three local professionals for bids. Because of the possible complexity of this type of product the price is quoted on a case by case basis using a standard bidding process to set the reasonable fee. After the bids are received you will be contacted with the bid prices. At that time you can choose to accept a bid and assign the order to the bid winner. It is CREI policy to collect 50% of the accepted bid price, as a deposit, at the time the bid is accepted. The balance will not be due until the work is completed and shipped to you. In the event the order cannot be completed and delivered the 50% deposit will be refunded. Cancellation of the order on your part will result in a cancellation fee which will be taken from the 50% deposit before the deposit is refunded.
Limited Commercial Title Report
The CREI LCTR is designed for any type of commercial or Industrial property or vacant land including sub-division. It is commonly used by lenders and other investors for purchases and refinancing purposes. It is also used for tax appeals, condemnation, estate matters, marital conflicts or most situations involving commercial property, industrial property or vacant land.
The legal description and owner of public record will be included in the report. This information contained in the CREI LCTR will be obtained from reliable data sources which includes, but is not limited to local court house records, public and private data sources. These are current owner searches only, from the transfer of ownership of the property to date. No data leading up to the transfer date is included in this report.
CREI will send a request to no more than three local professionals for bids. Because of the possible complexity of this type of product the price is quoted on a case by case basis using a standard bidding process to set the reasonable fee. After the bids are received you will be contacted with the bid prices. At that time you can choose to accept a bid and assign the order to the bid winner. It is CREI policy to collect 50% of the accepted bid price, as a deposit, at the time the bid is accepted. The balance will not be due until the work is completed and shipped to you. In the event the order cannot be completed and delivered the 50% deposit will be refunded. Cancellation of the order on your part will result in a cancellation fee which will be taken from the 50% deposit before the deposit is refunded.
Contact Us
CertifiedRealEstateInfo
139 Prominence Court, Suite 150
Dawsonville, GA 30534
Phone:
(866)-362-5405
Email:
info@certifiedrei.com