Skyline Appraisal's appraisal to-do list


	Legally, an appraiser must be state licensed to perform appraisals prepared for federally related transactions - i.e. transactions related to Fannie Mae, FDIC, etc. Just give us a call at 4023793601 if you have any questions about the appraisal process.

To speed up the appraisal process, it's helpful to have these documents ready for the appraiser:

A survey or plot map of the property and building (if readily available).
Any information on the purchase of the property for the last three years.
Information on any written private agreements, such as a shared driveway with a neighbor.
List of personal property to be sold with the building.
Any documents, such as a title policy with information on encroachments or easements encroachments or easements.
Most recent real estate tax bill and or legal description of the property.
Home inspection reports, or other recent reports for termites, EIFS (synthetic stucco) wall systems, your septic system and wells.
A list of any 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).
A copy of the current listing agreement with broker's data sheet and purchase agreement if a sale is "pending".
Any "Homeowners Associations" agreements or, if applicable, condo agreements or fees.
A list of "suggested" improvements if the property is to be appraised "as complete".

When the appraiser has arrived, you do not need to escort them along on the entire site inspection, but generally you'll want to be present to answer questions about your property and identify any home improvements.

Here are a few other tips:

Accessibility: Appraisers are very meticulous in their inspections. We recommend that all areas of the home are accessible, especially the attic and crawl space.
Housekeeping: Appraisers see a lot of homes a year and will look past most clutter, but they're human beings too! A good impact can translate into a higher value for your home.
Maintenance: We generally recommend repairing minor things like leaky faucets, missing door handles and trim.
FHA and VA Inspection Items: In the case of your borrower trying to apply for either an FHA or VA loan, definitely ask your appraiser if there are additional things that should be done before they arrive. Some items they may recommend might be: having handrails on all stairways, where paint is peeling it should be scraped and repainted, eliminating pull-chain lights in areas other than the basement or attic.