Some nice hints to save you time on your appraisal from Driver & Associates Appraisal Services


	Did you know you, as a borrower, are entitled to receive a copy of the completed appraisal report from the lender? Contact us 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 available).
Any information 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.
Title policy that lists encroachments or easements.
A bill for your most recent real estate taxes which should also contain a legal description of the property.
Any 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 enhancements, the date of their installation and their cost (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 "suggested" improvements if the property is to be appraised "as complete".

When the appraiser arrives, you do not need to escort him or her along on the entire site inspection, but you should be available to answer inquiries about your property and be willing to point out any home improvements.

Here are some other helpful suggestions:

Accessibility: Appraisers are very detailed in their inspections. We recommend that all areas of the home are accessible, especially the attic and crawl space.
Housekeeping: Appraisers see many of homes a year and will look past most clutter, but they're human beings too! A good impression can mean a better 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 additional things that should be done before they come. Some items they may recommend might be: having a banister on all stairways, ensuring there are electrical receptacles in every room (note: GFI outlets are no longer required) and that each receptacle functions, repairing any faucets that leak or drip, fixing broken windows or other glass like doors.