Full Appraisal

A full appraisal is a USPAP-compliant valuation that includes an interior and exterior inspection of the property, measurement of GLA, photographs, comp analysis, and a written report (typically Fannie Mae Form 1004 for single-family). It’s the most thorough form of appraisal and the standard product for mortgage purchase and refinance loans, divorce, estate, tax, and litigation matters.

On average, a full appraisal takes 3–4 business days from inspection to completion. Rush options are available for urgent matters such as loan deadlines, court dates, or tax filings — with faster turnaround on request.

Someone authorized to provide interior access must be present — typically the owner, occupant, agent, or property manager. The inspection takes 30–60 minutes for a typical home, longer for larger or complex properties. The appraiser will photograph each room, measure the exterior, observe condition, and ask questions about updates, improvements, and any known issues.

Helpful documents include: list of recent improvements with dates and approximate costs, permit information for major work, prior appraisal reports if any, current property tax bills, HOA documents if applicable, and any unique features that may not be obvious during inspection. The more accurate information you provide, the more accurate the valuation.

Yes, when ordered by or through the lender. Federal regulations require lenders to order appraisals through Appraisal Management Companies (AMCs) or directly from approved appraisers — not from the borrower. If you order an appraisal yourself, it’s typically not usable for the lender, though it can support other purposes (negotiation, pricing, planning). Always check with your lender before ordering.