Once you have selected an appraiser, be prepared to answer questions and provide requested information such as: |
| • | What is the purpose of the appraisal? |
| • | When is the required completion date of the appraisal? |
| • | Is the property listed for sale and if so, for how much and with whom? |
| • | Is there a mortgage? If so, with whom, when was it placed, for how much, type of mortgage [FHA, VA etc.], interest rate, and are there any other types of financing. |
| • | What personal property, such as appliances, are included ? |
| • | If it is an income producing property, a breakdown of income and expenses for the last year or two and a copy of leases. |
| • | A copy of deed, survey, purchase agreement or other pertinent papers pertaining to the property. |
| • | A copy of current real estate tax bill, statement of special assessments, balance owing and on what [sewer, water, etc.]. |
