Appraisal: REO
Supplemental REO Appraisal Addendum
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LSI's comprehensive valuation program for residential real properties
throughout the various stages of foreclosure and asset disposition process
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Supplemental REO appraisal addendum included with standard URAR 1004 Form
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Provides general description of subject's exterior, foundation, basement and
insulation
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Notes condition of improvements, depreciation(physical function and external),
repairs needed and quality of construction
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Identifies competing listings and market trends
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Provides "as is" and "as repaired" values for normal marketing times
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Provides "as is" and "as repaired" values given client-imposed marketing time
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