Real estate appraisals are needed for many different reasons--buying, selling and refinancing are perhaps the most widely known.  We provide appraisals for conventional mortgages, home-equity loans, FHA loans and reverse mortgages.

Appraisal review work requires objectivity and an in-depth knowledge of the Uniform Standards of Professional Appraisal Service (USPAP).  We prepare pre-funding collateral evaluations as well as post-funding, retrospective review work for appraisal quality assessment.

Foreclosure and REO appraisal assignments present special challenges.  In Indiana many communities are seeing record-high numbers of foreclosures and in some areas, lender owned REO properties dominate the market. Russell Appraisal Service is experienced and knowledgeable in the local real estate market and can provide all your REO appraisal needs.

The surveys and trends in the real estate market reported by the media are typically based on national or state figures, but real estate is local.  Price fluctuations in California or even in Indianapolis have little to do with property values in Fayette and Wayne Counties.  If you are buying, selling, borrowing or lending; for informed, objective, local expertise on the real estate market in east-central Indiana contact Russell Appraisal Service today.