Saturday, February 7, 2009

Items to present to Appraiser at Inspection

By Marten W. Davis, SRPA

When your appraiser comes to do his/her physical incpection, it is important that you have things ready. If you have some important items ready for the appraiser it will make his job much easier.

All items might not be available in all cases, but those that are available will be extremely helpful to your appraiser.

Items to look for are: Mortgage Survey which is a small piece of paper with a drawing of the lot with the building outline. This document is usually prepared by a surveyor and has his stamp on it. The information on this document includes the specific measurements of improvements and lot, the legal description and the flood zone specifics.

Physical characteristics information can be obtained in a previous appraisal. If the dwelling is newer, any floor plan drawings (blueprints) is extremely helpful to the appraiser.

List your recent improvements, date and cost. These will be helpful to itemize those items that have been upgraded and modernized. If you have a recent home inspection report, that would also be very helpful.

Any current listing information such as listing agreement, any easements for items like shared driveways, etc.

Presenting these items to your appraiser will be very helpful to him/her and will assist the appraiser in getting the specifics of the property detailed.

Marten W. Davis, SRPA

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