How can I help the appraiser?
Once you have selected an appraiser, be
prepared to answer the following questions or have as much information as possible.
- Purpose of the appraisal.
- The required completion date of the appraisal.
- Provide a copy of deed, survey, purchase
agreement or other pertinent papers pertaining to the property.
- 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.
- Copy of current real estate tax bill,
statement of special assessments, balance owing and on what [sewer, water, etc.].
- Is property listed for sale and if so, for how
much and with whom.
- What personal property is included.
- If this is an incomeproducing property, you
must have a breakdown of income and expenses for the last year or two and a copy of
leases.
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