The Problem: Expedited Appraisal Process on one of the largest apartment aquisitions (ie. $229,800,000) on Long Island for time-of-the essence closing.

 

The Solution: Created a team approach which focused on our property inspections (7) and preparing preliminary valuation models. Our property inspections and preliminary valuations were completed within 48 hours and delivered electronically to the lending institution. Final reports were delivered within two weeks.

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The Result: Task was completed within 48 hours due to in house resources and utilization of team approach to complete this endeavour.