APPRAISAL STANDARDS

All appraisal assignments will be performed in a timely manner generally with verbal value estimates available the day after the inspection and hard copies within two days.

Limited assignment fees will be charged based upon policies consistent with the client lending institution and will be discussed prior to the acceptance of such as assignment.

Fees may be higher for additional documentation required by some secondary mortgage market lenders. Appraisal fees for properties over $500,000 in value are negotiable, with the fee based upon the additional time required to complete the assignment.

Any change in fee structure will be discussed prior to the acceptance or completion of an appraisal assignment.

Fees for Small Income or Commercial Properties will be charged based upon the scope of the assignment and will be discussed on an individual basis.

Compensation for appraisal assignments will not be contingent upon the reporting of any predetermined value or direction in value that favors the cause of the client.

All appraisals will conform to the standards of the Georgia Real Estate Appraiser Board, the Appraisal Institute, Fannie Mae, and will meet FIRREA and USPAP requirements.