Some great hints to save you time on your appraisal from Folsom Appraisal Service, LLC


	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 2299249032 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 plot plan or survey of the house and land (if readily available).
Information on the latest purchase of the property in the last three years.
Written property agreements, such as a maintenance agreement for a shared driveway.
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.
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, your septic system and wells.
Brag sheet that lists major home improvements and enhancements, 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, if the sale is "pending", the purchase agreement.
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 has arrived, you do not need to accompany him or her along on the entire site inspection, but is usually helpful be present to answer questions about your property and identify any home improvements.

Here are a few other helpful suggestions:

Accessibility: Appraisers are very thorough 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 aren't surprised at seeing a bit of clutter, but they're human beings too! A good impact can translate into a better home value.
Maintenance: We generally suggest repairing minor things like leaky faucets, missing door handles and trim.
FHA and VA Inspection Items: If your borrower is applying for either an FHA or VA loan, definitely ask your appraiser if there are extra things that should be done before they arrive. 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 outlet functions, eliminating pull-chain lights in areas other than the basement or attic.