/ www.deardorffrealestate.com / Tuesday, 12.12.2017 6:10 am , EST

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 income­producing 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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