Appraisal Information
Discover information about the appraisal process brought to you from our
expert appraisers
Contents of a Real Estate Home Appraisal Report:
Each real estate appraisal report must reflect a credible estimate of property value and must identify the following
- The client and other intended users
- The intended use of the report
- The purpose of the assignment
- The type of value reported and the definition of the value reported
- The effective date of the appraiser's opinions and conclusions
- Relevant property characteristics, including location attributes, physical attributes, legal attributes, economic attributes, the real property interest valued, and Non real estate items included in the appraisal, such as personal property, including trade fixtures and intangible items
- All known: easements, restrictions, encumbrances, leases, reservations, covenants, contracts, declarations, special assessments, ordinances, and other items of a similar nature
- Division of interest, such as fractional interest, physical segment and partial holding
- The scope of work used to complete the assignment
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Preparing for Real Estate Home Appraisals
Before a real estate home appraiser arrives, there are a few things you should know.
By law, an appraiser must be state-certified and licensed to perform appraisals prepared for federally related real estate transactions. Also by law, you are entitled to receive a copy of the completed real estate appraisal report from your lender.
To facilitate the real estate home appraisal process, have these documents ready for the real estate appraiser:
- List of personal property to be sold with the home
- Written real estate property agreements, such as a maintenance agreement for a shared driveway, etc.
- Home inspection reports, or other recent reports for termites, EIFS (synthetic stucco) wall systems, septic systems and wells
- Brag sheet that lists major home improvements and upgrades, the date of their installation and their cost (for example, the addition of central air conditioning or roof repairs) and permit confirmation (if available)
FAQs
Here are some common questions about submitting your order and what follows after.
To submit your order, fill out the online form with accurate details. Once submitted, you will receive a confirmation email. Our team will review your request promptly.
After submission, our appraisers will assess your request. You can expect a follow-up within 48 hours. We will keep you informed throughout the process.
Yes, you can edit your order before it is processed. Simply contact our team with the changes. We will assist you in updating your submission.
We accept various payment methods including credit cards and bank transfers. Payment details will be provided upon order confirmation. Ensure your payment method is valid to avoid delays.
The appraisal process typically takes 3-5 business days. However, this may vary based on the property type and location. We will communicate any changes to the timeline.
Still have questions?
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Start your appraisal today!
To begin the appraisal process submit an order form or contact us. We will get back to you
with an estimate and information bout the process.