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Appraisal Basics
Appraisal Methods
When To Order an Appraisal
Appraisal To Establish Home Market Price
Appraisal To Obtain A Loan
Helping The Appraiser
 
Helping The Appraiser
Once you have selected an appraiser, be prepared to answer questions and provide requested information
 
. What is the purpose of the appraisal?
. When is the required completion date of the appraisal?
. Is property listed for sale and if so, for how much and with whom?
. Is there a mortgage? If so, with whom, when placed, for how much, type of mortgage [FHA, VA etc.], interest rate,   and any other types of financing.
. What personal property, such as appliances, are included ?
. If it is an income producing property, provide a breakdown of income and expenses for the last year or two and a    copy of leases.
. Provide a copy of deed, survey, purchase agreement or other pertinent papers pertaining to the property.
. Provide a copy of current real estate tax bill, statement of special assessments, balance owing and on what [sewer,    water, etc.].

 
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