Getting ready for an appraisal from Inlet Appraisal

	Did you know the borrower is entitled to receive a copy of the finished appraisal report from the lender? Just give us a call at 7576301264 if you have any questions about the appraisal process.

To make your appraisal process go as smoothly as possible we generally recommend to have these documents, if available, ready for the appraiser:

• A survey or plot map of the property and building (if readily available).

• Any records on the purchase of the property for the last three years.

• Written property agreements, such as a maintenance easement for a shared driveway.

• A list of any personal property that is part of the home and you intend to be sold with the home, such as an oven, or a washer and dryer.

• Any documents, such as a title policy with information on encroachments or easements encroachments or easements.

• A bill for your most recent real estate taxes which should also contain a legal description of the property.

• Home inspection reports, or other recent reports for termites, EIFS (synthetic stucco) wall systems, septic systems and your well.

• Brag sheet that lists major home improvements and upgrades, the amount of their purchase and date of their installation (for example, the addition of central air conditioning or roof repairs) and permit confirmation (if available).

• Locate copies of the current listing agreement, broker's data sheet and, in the event of a pending sale.

• Information on "Homeowners Associations" or condominium covenants and fees.

• A list of "proposed" improvements if the property is to be appraised "as complete".

Once your appraiser arrives, you do not need to accompany them along on the entire site inspection, but generally you'll want to be available to answer inquiries about your property and be willing to point out any home improvements.

Here are a few other helpful suggestions:

• Accessibility: Appraisers are very meticulous in their inspections. You should make sure that all areas of the home are accessible, especially the attic and crawl space.

• Housekeeping: Appraisers see many of homes a year and are no strangers to clutter, but they're human beings too! A good impact can mean a higher value for your home.

• Maintenance: We often recommend fixing minor things like leaky faucets, missing door handles and trim.

• FHA and VA Inspection Items: In the case of your borrower applying for either an FHA or VA loan, be sure to ask your appraiser if there are extra things that should be done before they come. Some things they may recommend might be: having smoke detectors on all levels and especially near bedrooms, scraping and repainting where there's paint peeling, repairing any faucets that leak or drip, fixing broken windows or other glass like doors.