All reputable lenders will require some sort of real estate appraisal before committing to a
loan. Many lenders now allow borrowers to choose their own appraiser, our firm is ready to
serve your request. Perhaps you need an independent opinion of value, our firm can help
and is ready to provide good accurate independent opinions of property value.
Types of Appraisals Available
1. BOV REPORT - a quick snap shot view of the subject property's value. Some refer to it as
a "drive-by" appraisal. The BOV is used by sellers, buyers, and lenders to confirm property
value on a limited basis.
2. LIMITED REPORT - a more in-depth research of the subject property's value. The limited
Report is made with a more detailed analysis as to best use. Limited Reports are used by
property owners to determine and verify property value for estate planning, tax planning,
selling and subdivision of estates.
3. FULL REPORT - the lender required format for underwriting. Usually ordered by lenders,
this appraisal will be prepared cooperatively for the buyer and the lender. Many lenders
today allow borrowers to hire and pay their own appraiser.
1412 Alameda Drive
Laredo, Texas 78045
Phone: 956-725-0866 (Fax on Demand)
Digital Pager: 1-800-692-0328
E-mail: ralphcis@lmtonline.com
