Contact Us

Appraisal & Acquisition
Consultants, Inc.

115 Moorings Drive
Lantana, FL 33462

561.968.5550 / 800.749.5558

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John R. Underwood, Jr.,
Cert. Gen RZ706

Mr. Underwood, President of the firm, is a native Floridian and earned a B.S. Degree from Florida State University. Active in real estate appraising since 1971, his expertise encompasses properties such as commercial, industrial, condominium projects, subdivisions and vacant land. Further, he is a qualified “Expert Witness” for Federal, State and County Courts.

Mr. Underwood is a national instructor for the Appraisal Institute. He specializes in courses and seminars relating to litigation and eminent domain. He is able to draw on his broad testimony experience to make classes real. In addition, he has developed seminars for the Appraisal Institute nationally and locally.

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We provide Analysis and Appraisals on:


Appraising Based on a Disciplined Search for Value

Real estate appraisal is a complex undertaking and we’d like to share some essentials with you.

We appraise properties utilizing three basic techniques:

Though oversimplified, these are the fundamental approaches employed by competent appraisers. These approaches indicate the manner in which real estate relates to the current economic climate. All three approaches are not appropriate for every property.

Appraisal & Acquisition Consultants is thoroughly competent in all three areas so that we may select those approaches appropriate to the situation and apply them skillfully. We take into consideration supply and demand, highest and best use, feasibility, anticipation of future earnings and more in arriving at value conclusions.

"We take pride in Doing our Job Well"

"The high road to service is travelled with Integrity, Compassion and Understanding...
People don't care how much we know until they know how much we care."


Appraisal & Acquisition Consultants, founded in 1983 by John R. Underwood, Jr., MAI, SRA, serves primarily the State of Florida with emphasis on Palm Beach, Broward, Martin and St. Lucie Counties. Our corporate office is located in Lantana in Palm Beach County, Florida.

We provide consulting and full-service commercial and residential appraisals for numerous lending institutions, attorneys, major corporations, many government and public service entities and private individuals.

The reputation and references of Appraisal & Acquisition Consultants are of the first order. We look forward to becoming a part of your team.

Confidentiality and Service

Appraisal & Acquisition Consultants is dedicated to a high degree of confidentiality and personal service. We encourage your comments and queries and will work closely with you. The substance of our appraisals is strictly confidential in accordance with state or federal law and the Uniform Standards of Professional Appraisal Practice.

In the real estate business today, we understand that quality and timeliness of service is an essential factor and we are extremely proud of our reputation for providing quality products in a timely manner.

Investment Analysis and Other Consulting Services

We provide feasibility and marketing studies, investment and sensitivity analyses, and complete studies of highest and best use alternatives. Our experience, knowledge and skill in all phases of real estate (appraisal, acquisition, development and management) enables us to provide accurate and reliable data for a multitude of decision-making processes.

Litigation Appraisals and Support

Appraisal Litigation SupportJohn Underwood, MAI, SRA is a qualified, experienced specialist available to appear as an “expert witness.” He has provided expert testimony in virtually every area of real estate including tax appeals, condemnation, probate, marital disputes and other value-related litigation.

Mr. Underwood has testified over 200 times in cases for Federal and State Courts. We understand the importance of consultation and pre-trial conferences in representing our clients’ best interests while remaining an “advocate” only for the truth.

Residential Services

Residential Appraisal ServicesIn our office, we maintain a sophisticated computer information base which is constantly updated with the most current available data and employs software designed to produce reports on the appropriate forms.

Supported by this resource, our residential specialist is able to respond promptly to any assignment including typical single-family residences, construction appraisals, multi-phased condo projects and the unique multi-million dollar estates of Palm Beach.

Commercial Services

Commercial Appraisal ServicesOur commercial appraisal and consulting work includes the full spectrum of general commercial properties including retail office, industrial, multi-family, and agricultural real estate.

Valuations have been completed on the entire spectrum of property types and sizes.

Clear Reporting

We consider communication with our clients as important as the performance of the assignment. We make every effort to keep clients fully informed, as required, throughout the appraisal process. Our reports are written to conform with the Uniform Standards of Professional Appraisal Practice and any appropriate supplemental standards. They are presented in a format that is logical and understandable to the reader.


Our fees and time frame are based on the type of property under consideration and the complexity of the assignment. These are quoted on an individual basis for all of our services.