A Request for Estimates of Appraisal Costs (REACH) is a document used to request estimates for the cost of an appraisal. It is typically used in the real estate industry when a property is being appraised for sale, financing, or other purposes. Reach typically include information about the property being appraised, such as its size, location, and features. It also includes information about the appraisal, such as the scope of the appraisal, the type of report to be produced, the deadline for completion, and the fee structure. The REACH is used to solicit bids from qualified appraisers who can provide an appraisal within the parameters and timeline required. There are two types of Reach: a standard REACH and a custom REACH. A standard REACH is a pre-formatted document that can be used for any appraisal. A custom REACH is tailored to a specific property and appraisal needs and is typically used when the scope of the appraisal is more complex.
Request for Estimates of Appraisal Costs
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How to fill out Request For Estimates Of Appraisal Costs?
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