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W.D. Benton Inc., Appraisers

"Serving Addison County Since 1981"

Post Office Box 52
Vergennes, Vermont 05491
Phone: (802) 877-2815

 

 

Services and Products

Clients

W.D. Benton Inc., Appraisers has a wide variety of experience in performing real estate appraisal. Much of our business is with commercial banks, mortgage brokers and credit unions for lending purposes. In addition, we work with many attorneys and accountants clarifying financial matters and we work with sellers and buyers offering professional advice in a sale or purchase decision. We also perform tax appeal services and assessment consulting. A partial list of our typical clients and their uses can be seen below.

Client: Primary Use

  Financial Institutions/Collateral Verification
  Mortgage Brokers/Mortgage Lending
  Credit Unions/Mortgages and Equity Lines of Credit
  Lawyers/Equity Distribution and Trust Valuation
  Accountants/Estate Tax Basis Valuation
  Home Buyer/Value Affirmation
  Home Seller/Pricing Accuracy
  Real Estate Broker/Corroborate CMA List Price
  Home Owner/Tax Appeal
  Municipality/Tax Appeal

Appraisal Formats

Residential appraisals are typically performed on the Uniform Residential Appraisal Report (URAR) FNMA Form 1004 or the General Purpose Residential Appraisal Report (GP). These forms are designed to provide a summary appraisal that meets the requirements of the Uniform Standards of Professional Appraisal Practice (USPAP). The complete appraisal package includes the appraisal form, addenda pertaining to the appraisal process, location and flood maps, property sketches, photographs of the subject and comparable properties and a signed certification and limiting condition page.
 

Additional appraisal formats are also utilized depending on the client and purpose of the appraisal. These may include:

  URAR Manufactured Housing Appraiser
  2055 Exterior – Quantitative Analysis
  2-4 Family Residential Income Property Appraisal FNMA Form 1025
  Condominium Appraisal FHLMC Form 465 FNMA Form 1073
  Land Appraisal Report
  Mobile Home Appraisal Report
  Narrative Appraisal Report – Residential and Commercial

Our Market Area
 

W.D. Benton Inc., Appraisers has restricted his appraisal practice almost exclusively to Addison County, Vermont since inception. We provide services from the Addison/Chittenden County line south to the Shoreham, Salisbury and Ripton areas. We do not perform appraisals in the Towns of Whiting, Leicester, Goshen, Hancock or Granville due to geographic and market considerations.

A map showing our complete appraisal coverage area can be viewed by clicking here Map