6 of 6 Appraisal Process Topics
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.].