Some helpful tips to save you time on your appraisal from Bosheaba Inc.


	By law, you, as a borrower, are are entitled to receive a copy of the final appraisal report from the lender. Just give us a call at 618-926-4621 if you have any questions about the appraisal process.

To speed the appraisal process along as quickly as possible we generally recommend to have these documents, if available, ready for the appraiser:

A survey or plot map of the property and building (if available).
Any records on the purchase of the property for the last three years.
Written property agreements, such as a maintenance easement for a shared driveway.
List of personal property to be sold with the building.
Title policy that describes encroachments or easements.
A bill for your most recent real estate taxes which should also contain a legal description of the property.
Home inspection reports, or other recent reports for termites, EIFS (synthetic stucco) wall systems, septic systems and your well.
A list of any major home improvements and upgrades, the amount of their purchase and date of their installation (for example, the addition of energy efficiency upgrades or roof repairs) and permit confirmation (if available).
A copy of the current listing agreement with broker's data sheet and purchase agreement if a sale is "pending".
Information on "Homeowners Associations" or condominium covenants and fees.
A list of "suggested" improvements if the property is to be appraised "as complete".

When the 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 inquiries about your property and identify any home improvements.

Here are some other helpful tips:

Accessibility: Appraisers are very detailed in their inspections. Make sure that all areas of the home are accessible, especially the attic and crawl space.
Housekeeping: Appraisers see a lot of homes a year and aren't surprised at seeing a bit of clutter, but they're human beings too! A good impression can translate into a higher value for your home.
Maintenance: We often suggest repairing minor things like leaky faucets, missing door handles and trim.
FHA and VA Inspection Items: If your borrower is trying to apply for either an FHA or VA loan, definitely ask your appraiser if there are additional things that should be done before they arrive. Some things they may recommend might be: putting smoke detectors on every floor of the home and especially near bedrooms, where paint is peeling it should be sanded and repainted, eliminating pull-chain lights in areas other than the basement or attic.