For a refinance or purchase, it is important that you have things ready for your appraiser’s inspection. If you have some important items ready for the appraiser it will make his job much easier.
All items might not be available in all cases, but those that are available will be extremely helpful to your appraiser.
Items to look for are: Mortgage Survey which is a small piece of paper with a drawing of the lot with the building outline. This document is usually prepared by a surveyor and has his stamp on it. The information on this document includes the specific measurements of improvements and lot, the legal description and the flood zone specifics.
Previous appraisals are helpful for physical characteristics information. If the dwelling is newer, any floor plan drawings (blueprints) is extremely helpful to the appraiser.
If you will list your recent improvements, date and cost, this will be helpful to the appraiser. These will be helpful to itemize those items that have been upgraded and modernized. If you have a recent home inspection report, that would also be very helpful.
Any easements which the property has like shared driveways, etc. should be presented to the appraiser.
If you present these items to your appraiser, they will be very helpful to him/her and will assist the appraiser in getting the specifics of the property detailed.
Marten Davis, SRPA