| Home appraisal - a necessary event when
it comes to selling or refinancing your home. Have a realistic
attitude about what your home is actually worth. Compare your
home to others that have sold in your neighborhood.
The appraiser will need approximately 30
minutes to 1 hour to complete the inspection phase of the
appraisal process, which includes: exterior photos of the
front and rear of the home and a photo of the street in front
of the property; measurements of the exterior of the home,
garage and any outbuildings; a walk-through inspection of
all rooms and levels of the interior of the home including
the basement.
Get organized
Here a quick checklist that will help you
get ready for your appraisal and get the results you're looking
for:
-
Be flexible when scheduling the appointment - exterior
shots require daylight.
-
A copy of the blueprints or survey would help in verifying
measurements and lot size.
-
Provide a list of improvements made to the property since
the purchase with costs, i.e. a pool, patio, updated kitchen
or bathroom, room additions, etc.
-
Access to the property, including access to any crawl
space or attic areas is important.
-
A clean home makes a good impression - trim the lawn,
clean the pool and garage, repair cracked windows or torn
screens, check for leaky faucets and secure gutters and
down spouts.
-
Point out any amenities that may not be obvious to the
appraiser: sprinkler systems, patios, pools, security
systems, built in vacuum, etc.
-
Provide a copy of last year's tax assessment information.
-
Know what year the house was built and when improvements
were made.
-
A list of recent sales of similar properties in the immediate
neighborhood would be helpful - the first thing appraisers
look for is comparables.
-
Contact one of our senior loan officers today for further
details about your home appraisal.
|
Apply Now | Home
Purchase | Refinance | Home
Equity Loans | Home
Improvement Loans 
