6A — September 15 - 28, 2017 — Appraisal — Financial Digest — M id A tlantic
Real Estate Journal
www.marejournal.com
A ppraisal
Ditio Appraisals Commercial Site Inspections
A
commercial appraisal provides a compre- hensive look "under
Southwestern Pennsylvania since 2001, is getting ready to change the time and cost
projected launch of October 2017. "Lender responses are extremely positive when the
als. "With this reporting method, savings on the ap- praisal fee will be signifi-
outlay is nominal, and there's no need for complete apprais- al products," said Gelman. "The significant cost reduc- tion and greatly accelerated turn-around time will be a game-changer." Ditio has 13 certified ap- praisers: three of them des- ignated members of the Ap- praisal Institute, two with SRA designations and one with MAI, SRA and AI-RRS designations. Ditio increased its commercial appraisal footprint when Mark Smelt- zer, MAI, SRA, AI-RRS, Ditio's director of operations, received his MAI designation in early 2017. Mark, a na- tionally recognized USPAP expert and Appraisal Insti- tute instructor, has coordi- nated the development of the reporting format to ensure compliance. "[Ditio] appraisers have a wide knowledge and expe- rience based in appraisals and evaluations, as well as extensive review work and site inspection, including appraisers with mortgage maintenance site inspec- tion experience gained as in-house staff appraisers for a regulated lender," said Smeltzer. He added that the three principals of Ditio have over 100 years of combined experience. Gelman credits the Ditio support staff for the firm's ability to quickly handle appraisal challenges. "Our front office staff's advanced and continual training and combined experiences across residential and commercial appraisals allows us to solve many challenges right on the spot. Honestly, we couldn't provide the level of service we have without our support folks." Ditio's full-time support staff is available from 9 to 6, five days a week, said Gel- man. "Our clients know that when a problem or question arises, they will receive a prompt, personal, and profes- sional response." Ditio performs both resi- dential and commercial ap- praisals and appraisal review services. In addition to com- mercial site inspections, Ditio commercial division provides mortgage, tax appeal, asset distribution, condemnation and estate valuations as well as expert testimony in litiga- tion matters. n
the hood" so buyers know what they're really getting into, and the banks that finance them know their clients aren't plunging into a money pit. But when the lender's ex- posure is minimal, both the cost and turn-around time of a commercial appraisal can sometimes be dispropor- tionate. Ditio Appraisals of Pitts- burgh, providing appraisal services in 11 counties in
“Lender responses are extremely positive when the short time factor and lower fees are explained to them,” said Robert Gelman, senior appraiser and director of marketing at Ditio Appraisals
factor for such services. Founder Ronan Jones is developing a proprietary streamlined commercial site inspection report with a
short time factor and lower fees are explained to them, said Robert Gelman, senior appraiser and director of marketing at Ditio Apprais-
cant, as the [commercial site inspection] process takes a matter of days rather than a few weeks." "Sometimes the lender's
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