Some useful tips to expedite your appraisal from Griffin Appraisals
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By law, the borrower is are entitled to obtain a copy of the completed appraisal report from the lender.
Contact us if you have any questions about the appraisal process.
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To speed the appraisal process along as quickly as possible we generally recommend to have these documents, if available, ready for the appraiser:
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A survey or plot map of the property and building (if available).
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Any information on the purchase of the property for the last three years.
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Information on any written private easements, such as a shared driveway with a neighbor.
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List of personal property to be sold with the home.
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Any paperwork, such as a title policy with information on encroachments or easements encroachments or easements.
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Most recent real estate tax bill and or legal description of the property.
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Any inspection reports, or other recent reports for termites, EIFS (synthetic stucco) wall systems, your septic system and wells.
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Brag sheet that lists major home improvements and upgrades, the date of their installation and their cost (for example, the addition of energy efficiency upgrades or roof repairs) and permit confirmation (if available).
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A copy of the current listing agreement with broker's data sheet and purchase agreement if a sale is "pending".
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Any "Homeowners Associations" agreements or, if applicable, condo agreements or fees.
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A list of "suggested" improvements when the property is being appraised "as complete".
Once your appraiser has arrived, you do not need to escort them along on the entire site inspection,
but generally you'll want to be available to answer inquiries about your property and identify any home improvements.
Here are some other suggestions:
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Accessibility: Appraisers are very thorough in their inspections. You should make sure that all areas of the home are accessible, especially the attic and crawl space.
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Housekeeping: Appraisers see quite a few of homes a year and will look past most clutter, but they're human
beings too! A good impact can translate into a better value for your home.
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Maintenance: We generally suggest fixing minor things like leaky faucets, missing door handles and trim.
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FHA and VA Inspection Items: If your borrower is applying for either an FHA or VA loan, be sure to ask your appraiser if there are additional things that should be done before they arrive. Some things they may recommend might be:
having handrails on all stairways,
where paint is peeling it should be sanded and repainted,
fixing leaky or dripping faucets, replacing broken glass.
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