Some nice tips to save you time on your appraisal from Southmost Realty Appraisals & Consultants

Legally, an appraiser must be state licensed to perform appraisals prepared for federally related transactions. Just give us a call at (956) 412-1357 if you have any questions about the appraisal process.

To simplify the appraisal process, it's recommended to have these documents ready for the appraiser:

  • A plot plan or survey of the house and land (if 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.

  • Title policy that lists encroachments or easements.

  • Most recent real estate tax bill and or legal description of the property.

  • Home inspection reports, or other recent reports for termites, EIFS (synthetic stucco) wall systems, septic systems and your well.

  • Brag sheet that lists major home improvements and upgrades, 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).

  • Find copies of the current listing agreement, broker's data sheet and, if the sale is "pending", the purchase agreement.

  • Any "Homeowners Associations" agreements or, if applicable, condo agreements or fees.

  • A list of "proposed" improvements if the property is to be appraised "as complete".

Once your appraiser arrives, you do not need to accompany them along on the entire site inspection, but generally you'll want to be present to answer questions about your property and identify any home improvements.

Here are some other suggestions:

  • Accessibility: Appraisers are very meticulous in their inspections. Make sure that all areas of the home are accessible, especially the attic and crawl space.

  • Housekeeping: Appraisers see hundreds of homes a year and will look past most clutter, but they're human beings too! A good impression can mean a better home value.

  • Maintenance: We often suggest fixing 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 specific things that should be done before they come. Some items they may recommend might be: installing smoke detectors on all levels and especially near bedrooms, ensuring there are electrical receptacles in every room and that each outlet functions, fixing leaky or dripping faucets, fixing broken windows or other glass like doors.