It is not a difficult task getting prepared for real estate appraisal. When the loan application has been accepted an appraiser is sent to the property by the lender. The lender should provide a sale agreement order form and the sale agreement upon arrival. Nowadays the law requires that appraisers dealing with a sale situation must review and scrutinize the contract first. Sale contacts are not issued in cases of refinancing.
The home to be assessed should be able to be accessed when necessary. People who carry out appraisal are mostly members of the local board of realtors, and they have a lockbox key. In cases where the property is occupied by tenants, it is better if the listing agent assists in setting up appointments. This makes the tenant feel safer since they already know the agent. It is advisable that the owners of the property keep it clean and well ordered. The house should be clean because the appraisers look at the home from the buyers perspective and they should be able to like what they see. It does not matter if the house is disarranged since the owner is moving out. Their primary concern at that moment is to get around quickly and not the condition of the items being moved. All places should be accessible including the garage.
The appraiser will not like it if there are shrubs and trees next to the house to be appraised. The reason the trees and shrubs should be cleared is that the appraiser will need to take measurements of the house as part of the appraisal. Dogs might be a hindrance to a successful appraisal. As a safety measure, the dogs should be penned up and not left to wonder in the backyard when the appraisers arrive. The homeowner should pen up or cage a dog inside a room because the appraiser will need to visit all the places in the house including the garage. This is because the appraiser will need to enter all the rooms including the garage as well.
It is vital that on the day of appraisal copies of seller disclosure notices, a list of new sales and other marketing information are availed. It is not easy as homeowner to provide a lot of info to the appraiser on the day of the appraisal. A copy of a recent survey is a must have. It is important for the property owners to avail themselves on the day of the appraisal. If the appraiser learns that the property has pets then they will ask the owner to be present.