The following fees are for standard appraisals and terms. Any special requests or terms, complex assignments, or non-residential assignments will require a separate fee quote. Fees can be collected by the appraiser at time of inspection or invoiced individually to the client. All fees are based on a standard 30-day net term, with a 15 percent penalty assessed after 45 days. Our firm cannot accept new assignments with any unpaid invoices exceeding 45 days.

We understand the importance of a quick turnaround time of appraisal assignments in order for our clients to meet customer demand and provide satisfaction. Consequently, our completion times reflect a very competitive turnaround for our standard fees. Rush appraisals can be completed for a slightly higher negotiated fee.

Currently, our appraisers are required to contact the customer within 24 to 36 business hours of receipt of the appraisal request and to post delays within 48 business hours. Residential appraisals are completed within two or three business days from date of inspection (delivered by email), with one additional day required for two- to four-unit properties. Unique or complex properties may require additional research and cause a slight delay. Commercial/multi-family apartment assignments require a fee and turnaround quote based on the individual property type. Most multi-family appraisals (five or more units) are completed within two to three weeks, with two to four weeks being the standard for most commercial appraisal assignments.

Any delay will be communicated and documented with the client as soon as apparent. If the appraiser arrives at an opinion of value that does not meet the sale price/estimated value (if provided), we will immediately inform our client.

A distance fee will be quoted on all appraisal assignments for properties located outside our normal coverage area. Indiana normal coverage area includes Lake and Porter Counties in Indiana. Illinois coverage includes most of Cook, Will and DuPage Counties.