Help the appraiser and speed up the process.

Help the Appraiser

Once you have selected an appraiser, be prepared to answer questions and provide requested information.

How you can to Help

What is the purpose of the appraisal?

When is the required completion date of the appraisal?

Is the property listed for sale and if so, for how much and with whom?

Is there a mortgage? If so, with whom, when was it placed, for how much, type of mortgage [FHA, VA etc.], interest rate, and are there any other types of financing.

What personal property, such as appliances, are included?

If it is an income producing property, a breakdown of income and expenses for the last year or two and a copy of leases.

A copy of the deed, survey, purchase agreement or other pertinent papers pertaining to the property.

A copy of the current real estate tax bill, statement of special assessments, and balance owing on such things as sewer, water, etc.

This will help the appraiser to perform the appraisal as quickly and efficiently as possible. That way it doesn’t hold up the loan process.

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