Services

Real Estate Appraisals

The Kimbell Group offers a wide variety of real estate and business appraisals. Our staff has a depth of experience in real estate, banking, lending, and business management second to none. The Kimbell Group has served the banking and financial institutions with a wide variety of loan and portfolio needs, including:

  • Appraisal Reviews
  • Asset Management
  • Capital Formation, Syndication
  • Detrimental Conditions Valuation and Consulting
  • Fee Appraisal Assignments
  • Foreclosure/REO
  • Lease Analysis
  • Liquidation Valuation
  • Mortgage Lending Consulting
  • Portfolio Valuation and Analysis
  • Risk and Sensitivity Analysis

We offer four different levels of appraisals depending upon the clients needs and requirements, the clients end use, underwriting requirements, or regulatory requirements.

  1. Restricted Use, Limited Scope, and Restricted Reporting Format – Completion time: 5-10 working days
  2. Typical Scope Appraisal  (Formerly complete) – Most widely used appraisal specifications – Completion time: 10-12 working days.
  3. Detailed Appraisal (Formerly self contained) – Used for more complicated properties or where full explanations are required – Completion time: 18 – 22 working days.
  4. Uniform Residential Appraisal Report (URAR) – Completion time: up to 7 working days.
All appraisals are reviewed, performed, signed and approved by a certified state licensed general real estate appraiser currently licensed in the state where the appraised property is located.

All real estate appraisals meet or exceed the required standards for the following institutions:

  • Member of the Appraisal Institute (MAI)
  • National Association of Realtors General Accredited Appraiser (GAA)
  • American Society of Appraisers (ASA)
  • Uniform Standards of Professional Appraisal Practice (USPAP)
  • Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA)

Business Appraisals

We offer four levels of business appraisals to suit the requirement levels of our clients uses, underwriting requirements, and regulatory needs.
  1. Restricted Limited Scope – For use inside the business or partnership. Usually limited to information provided or to a simplified methodology, restricted reporting format, for insiders – Time: 7 – 10 working days
  2. Limited Scope, Summary Reporting Format – For updates, additional collateral, etc. (dependent upon client needs). Usually limited to approach. Ex: New sales or new income to update a previous appraisal – Summary Reporting Format: Reported in a brief summary format of the conclusions, etc. Time: 10 – 18 working days
  3. Typical Scope, Summary Reporting Format – Most widely used in banking institutions for general business loans, usually under $2 million value.  This is, usually a complete appraisal including  all available and applicable approaches – Time: 18 – 24 working days
  4. Detailed Scope, Detailed Narrative Appraisal (Formerly Self Contained) For Large or complicated business valuations, usually requested for use by CPA’s or tax attorney’s. Approximately 100 page narrative reporting format – Time: 18 – 45 working days
All business appraisals meet or exceed the published requirements for the following associations:
  • International Business Appraisers Association (IBAA)
  • Uniform Standards of Professional Appraisal Practice (USPAP)

Expert Witnesses

As Appraisal Institute designated members The Kimbell Group provides litigation services as part of our practice by serving as strong expert witnesses, with the ability to address matters in which real estate valuation may plays a central role in cases invoking the following:

  • Eminent domain and zoning
  • Condemnation
  • Divorce
  • Probate
  • Corporate valuations
  • Property tax
  • Bankruptcy
  • Title insurance

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