No problem! While this is a new engagement, if we use the same effective date of value then we’ve already completed much of the work and can turn this around to you for an additional fee.

Great question! Please be responsive to our questions, thorough, and organized with the information we request of you.

There are two primary differences: a) restricted reports are limited to one intended user and that user must understand the property well enough that they properly understand the more concise report and b) restricted reports oftentimes use 3rd party site “inspectors” and the depth of “inspection”, confirmations, and presentation of information is more concise.

When you order your appraisal you will be able to specify your turn time. For restricted appraisals our default is 14 days; however, we can turn them around as quickly as 5 days.

After we receive your order and complete some initial research, you will receive a call or email from one of our researchers or appraisers to get more detailed property history and information. From that point, your appraisal is personally managed by an experienced team member with the analysis and value conclusion completed by one of our appraisers.

All of our analyses and valuation is completed by a state-licensed certified general appraiser and / or by David Lieberman, MAI, MBA who also holds a certified general appraiser license in each state that we operate in.

No. Banking regulations require that the lender order the appraisal for underwriting from the appraiser. That said, if you tell your lender that you recently obtained an appraisal from us and we see the lender bid the underwriting appraisal out to us, we will extend a discount on that financing appraisal — which oftentimes saves you significant money and time.

Yes. But, before we would agree to testify, we would require that you pay to upgrade the restricted appraisal to a typical report. The restricted format is limited to one intended user and the nature of litigation requires multiple users.

Please email david@woodbankgroup.com with specific questions or concerns about your appraisal. Of course, the more information you give us at the start of the appraisal process the more credible a value conclusion we will arrive at.

Then we’ll happily turn away your business. We take our craft very seriously, produce only credible appraisal reports, and are unwavering in our commitment to provide unbiased opinions of value.