Cornerstone Appraisal Company

 500 Selkirk Drive, Schaumburg, IL 60194

847 882-5892 Fax 866 735-1016

Contact: Gary E. Daniels (gedaniels@gedaniels.com)

State Certified General Real Estate Appraiser in Illinois, Indiana, Wisconsin, Minnesota, and Colorado

FEE SCHEDULE

EFFECTIVE SEPTEMBER 1, 2009

General areas of service in Illinois include: Cook County, DuPage County, Kane County, Lake County, McHenry County.

MULTI-FAMILY APPRAISAL FEES (5 or more units)

UNITS FORM 71B FORM 71A EXPANDED 71B
5-9 $700 $1,000 $1,300
10-14 $900 $1,200 $1,500
15-20 $1,000 $1,300 $1,500
21-29 $1,300 $1,600 $1,700
30-39 $1,500 $1,800 $1,900
40-50 $1,800 $2,000 $2,100
51-59 $2,100 $2,200 $2,300
60-75 $2,300 $2,400 $2,500

Call for a quote for Narrative Reports.

* Fees depend on the property type, complexity of the assignment, and estimated time to complete the assignment.

* Add $250 to all fees for every 50 units over 75 units.

* Add 25% to all fees for Mixed-Use properties.

* Add $50 to all fees for properties over 60 miles (one-way) from our office, plus $50 for every additional 60 miles.

* Add 25% to all fees outside the counties included in the general service area.

* Fees do not include expenses for any travel and/or lodging for assignments requiring overnight stays.

* Turn-a-round time varies from 2-3 weeks depending on workload and begins when the necessary documentation to start the assignment is received.

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All appraisal assignments are performed and conducted in compliance with the Uniform Standards of Professional Appraisal Practice and FIRREA Title XI.

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