For homeowners, a real estate appraisal is the linchpin to buying or selling their home. It allows the property transactions to occur among the buyer, seller, real estate agent and mortgage lender.
How to Prepare for an Appraisal
Before an Appraiser arrives, there are a few things you should know. By law, an appraiser must be state licensed to perform appraisals prepared for federally related transactions. Also by law, you are entitled to receive a copy of the completed appraisal report from your lender.
Once your appraiser has arrived, you do not need to accompany him or her along on the entire site inspection, but you should be available to answer questions about your property and be willing to point out any home improvements.
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Admiral Appraisal Group, Inc. 31 Erie Canal Drive Suite E Rochester, NY 14626-4607
Phone: (585) 721-2180 Fax: (585) 227-8730 E-mail: RBaart@MSN.com
Copyright © 2011 Admiral Appraisal Group, Inc.