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Owner Information:
Appraisal Process:
After a request for an appraisal is
received, the appraisal process begins. The owner of the property (or
the real estate agent for the seller if the appraisal is for a purchase)
is contacted by the appraiser and an appointment is scheduled. The appraiser
will make every effort to accommodate your schedule. The appraisal appointment
will generally take approximately 20-40 minutes, depending on the size
of your property. If the appraisal is for a purchase (sale) we request
copies of the agreement of sale. If the appraisal is for new construction,
we will need copies of the plans and specifications for the building.
The first step of our firm is to inspect
the property to be appraised. We look for strengths and weaknesses of
the property. The appraiser takes detailed notes regarding the room
layout, quality of construction, finishes, amenities and general conditions
inside your home. We take house and street pictures with a digital camera.
The exterior of the house is measured. On-site attributes are noted
for usable areas, landscaping, and site improvements. External influences
such as views, traffic or neighborhood features are also noted. When
we leave your property, your involvement in the appraisal process is
complete.
After we complete the physical inspection
of the property, we begin our market research. We utilize information
from a variety of sources such as the Multiple Listing System and tax
records. Data sources are reviewed and analyzed for information on the
subject property and comparative sales. We then prepare the detailed
appraisal report. See What Is for additional
information on appraisal approaches. The completion of the appraisal
may vary, depending on the property and time constraints. We typically
consider five business days, from the date of inspection, to be a normal
turnaround time. Once completed appraisals can be sent to you via e-mail
(PDF format) or UPS.
This is a general overview of our appraisal
services and your involvement in the process. If you have any questions
or want additional details regarding an appraisal on your property,
please contact our office.
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