Wednesday, April 24, 2024
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Helping the Appraiser

Once you have selected an appraiser, be prepared to answer questions and provide requested information such as:

  • What is the purpose of the appraisal?
  • When is the required completion date of the appraisal?
  • Is the property listed for sale and if so, for how much and with whom?
  • Is there a mortgage? If so, with whom, when was it placed, for how much, type of mortgage [FHA, VA etc.], interest rate, and are there any other types of financing.
  • What personal property, such as appliances, are included ? If it is an income producing property, a breakdown of income and expenses for the last year or two and a copy of leases.
  • A copy of deed, survey, purchase agreement, or other pertinent papers pertaining to the property.
  • A copy of current real estate tax bill, statement of special assessments, balance owing and on what [sewer, water, etc.].

Discount Mortgage
Office (888)360-3337 | Cell (408)316-5454
Real Estate Broker, California Department of Real Estate 9162270931
Bkr. Lic #01098186 [SIC code=6162 DUN #93-794-6796] NMLS# 314249