Q: What is the
between the Advanced Value Report and The Basic Value Report?
The Basic Book Value is for consumers with limited knowledge of the mobile or manufactured home, giving a
snap shot and/or a general idea of the homes possible value. Depending on the type of report requested, most reports include an industry formula for possible value options that may be present in the home. The Basic Book Value should never be solely relied on for a large financial decision.
The best use for the Basic Book Value would be for Base Value, Bankruptcy, IRS reasons, Medicare, Medicaid or other cases were the minimal value would be applicable or needed.
The Basic Value Report is prepared by MH Services Personnel, using years of knowledge
to provide an accurate report and/or value. MH Value Reports should be considered an
opinion in conjunction with NADA Value Software.
If the Basic Book Value is used for the buying, selling,
refinance, Insurance or estate settlement purposes, it will include a second
page that will represent the Average Industry Adjustment. This value represents
how lenders and other industry professionals ball park the value of a mobile
and/or manufactured home when the homes value options are unknown. Normally, but
not always, this
figure will be less than then the Advanced Value Report with complete value
The Advanced Book Value is for consumers who have a good knowledge of the mobile or manufactured home in question. This report will provide an insight into the true value of the home, not considering land, location value or comparable sales.
The Advanced Value Report offers over 1,000 value combinations, with added value
formulas, making getting an accurate value easy.
The Advanced Book Value Report
is strongly recommended any time an accurate maximum retail value is needed, to
include purchase, refinance, insurance, estate settlement and tax assessment
Unlike other value report services, the Advanced Value Report is
prepared by trained personnel, using
years of knowledge to provide an accurate report and/or value. Very different
online automated value report services, the information provided is verified
with State & County databases, combined with satellite views to ensure accurate
measurements, when possible.
Q: How Soon Will I Receive My Book Value
MH Services in conjunction with JCF Lending
attempt to complete all book value reports within 1 hour during normal business
hours. However, this is not a guarantee, some requests take longer to prepare as
we attempt to check outside sources for accurate information. All book value
reports are emailed in PDF format. We do not use the United States Postal
Service for delivery. Below you will find our business hours for your part of
Current Las Vegas time is: