What questions should I ask an appraiser?

What questions should I ask an appraiser?

5 Questions You Should Ask an Appraiser

  • What is your license number? It’s imperative that you hire a licensed appraiser.
  • Where is your office located?
  • Do you work alone, or with a company?
  • Are you licensed or certified?
  • Are you a member of the local MLS?

What should I ask during a home appraisal?

“What Information Does the Appraiser Base Their Appraisal On?”

  • Location.
  • Amenities.
  • Number and size of bedrooms.
  • Roof condition.
  • Deficiencies.
  • Capital improvements.
  • Date of upgrades.
  • Sales data for comparable properties in the area.

Can you question an appraisal?

Yes, you can even question the bank or mortgage company about the actual appraiser. There are a few key factors that could bring his valuation into question: a. Did he or she actually enter and walk through home, or did they only do a drive by?

Do appraisers travel?

It is not unusual for commercial appraisers to travel across country or even into other countries to perform highly-specialized assignments. This is not usually the case with standard residential properties; however, some appraisers routinely cross state lines and cover several cities competently.

How do you impress a house appraisal?

Here are eight ways you can bolster your appraisal:

  1. MAKE SURE APPRAISER KNOWS YOUR NEIGHBORHOOD.
  2. PROVIDE YOUR OWN COMPARABLES.
  3. KNOW WHAT ADDS THE MOST VALUE.
  4. DOCUMENT YOUR FIX-UPS.
  5. TALK UP YOUR TOWN.
  6. DISTINGUISH BETWEEN UPSTAIRS AND DOWNSTAIRS.
  7. CLEAN UP.
  8. GIVE THE APPRAISER SOME SPACE.

What to Know Before becoming an appraiser?

What to consider before you become a real estate appraiser

  • Finding a mentor is not easy. Finding a mentor can be a very difficult challenge for anyone thinking about becoming a real estate appraiser.
  • Obtaining Experience Hours Can take a very long time.
  • Fees can vary greatly by location.

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