Eliott Schultz Appraisal Service
for making an appraisal faster
calls, keep appointments and be on time.
comps you feel support your value. The appraiser may not have all
the comps you do and it could cut down on need for reconsiderations
of value. We cannot of course promise values but will be much more willing to
consider comps before rather then after.
sure the property is going to meet health
and safety guidelines.
This is to reduce the amount of second visits needed. Have
owner do things you know are going to get called out before the inspection. walk
the property critically.
you have special items of concern, or have items to point out,
including any repairs or improvements to be made prior to close,
tell the appraiser during the inspection, this may also help get a
any permits or completed inspections available for the appraisers
file for additions, patios, termite, roof, septic system etc. This
will aide turnaround time for the report and help protect you also.
to lender as to any required repairs, inspections or items noted on
the report so they can be completed ASAP.
lender when repairs are completed so a re-inspection won’t hold up
docs or funding.
certificates, well certificates and cleared termites are probably
going to be required.
causes of revisits
water heater earthquake strap and emergency release valve is
required by law.
exposed water heaters.
windows and glass on ground or in house are safety hazards.
on older houses with 3 prongs are likely not grounded and a fire
hazard. They can easily be tested and should be replaced or
alarms are required by law and should be installed and/or tested
prior to visit.
utilities need to be on so systems can be inspected.
plates are required on all outlets and switches to reduce electrical
to all parts of the property must be available.
tips are provided as a partial list of things that can help save all
of us time and money. It can also help save your deal if everybody
isn’t scrambling to complete things for a re-inspection as the docs
are being drawn. I realize it seems that you are doing some of the
appraisers work; but my time saved means your deal goes that much
faster and smoother and that’s your goal.