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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

We’re grateful to work across several states and with so many great clients! In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. The goal of this article is to help lenders, banks reviewers and appraisers. Lenders, what’s in it for you?

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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. Defining the Appraisal Scope of Work.