When you have a property appraised, the appraiser records all his/her findings in a clear report. This report details matters that were relevant in determining the value. At the Appraisal Specialist, we like clarity and transparency. We always make sure your appraisal report is clear and well-organised, and that it explains exactly how the value judgement was arrived at.
During an appraisal, the appraiser notes all kinds of details and findings about the property. The appraiser walks a set 'route' through the property and completes various checklists and questionnaires. The valuer may also take photos of rooms or certain details.
In the following days, all the details are worked into the valuation report. At the Valuation Specialist, we love speed, and you notice it here too: the final valuation report will be available soon.
In addition to the valuation, the report will also include other relevant matters such as the valuation objective, a description of the property and the property's state of repair. Here, a distinction is made between interior maintenance, exterior maintenance and architectural structures, among others. The appraiser will also have the report note whether any defects were observed during the appraisal, and what the expected costs are when repairing overdue maintenance.
With this report, you can confidently go to a mortgage lender and submit a loan application.
Take contact with us for more information on valuations through the Valuation Specialist.