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Tuesday, April 19, 2011

Tips to expedite the appraisal process

Our first step of the appraisal process is to review characteristics regarding subject property and to perform a cursory review of the local market and competitive properties. The next step is to inspect your property, which is just as critical however there are often limitations that can turn a straight forward assignment into one with several delays.


1) It’s vital to obtain site information in regards to the size, shape, boundaries, restrictive convents and easements. A survey, plot plan or locational certificate will greatly assist your appraiser.

2) A copy of original building plans can assist the appraiser is determining the living area, review of the building systems (plumbing, mechanical, heating, electrical) along with noting unique features which may add value.

3) Documentation of maintenance and renovations which have occurred to the property in recent times. This can assist the appraiser in determining the overall condition of your home.

4) A copy of your property tax assessments, which can also determine if your home is adequately assessed.

5) Ensure that all areas are accessible not only within the interior of the dwelling but around the exterior perimeter.

6) It’s beneficial to share previous appraisal reports since there may be components that are not available. If your aware of any comparable sales

7) If you have pets that may be nervous toward strangers, it might be best to keep them contained in a secure area.

Following these items can save your appraiser time, creating faster turnaround times for your property appraisal!

2 comments:

  1. congrats! keep up the good work/this is a great presentation.

    Appraiser

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  2. While you are going for estate auctions it is necessary to have Massachusetts appraisers. It will make valuations by some expert mass appraisers who will help you to get the best prices over your estates. If you are not aware of the valuations of your properties, then this will help you to get exact price over it which you are selling through ma auctioneers.

    ReplyDelete