Getting ready for an appraisal from Miller Realty

By law, an appraiser must be licensed by the state to perform appraisals prepared for federally related transactions. Just give us a call at 4242360634 if you have any questions about the appraisal process.

To make your appraisal process go as smoothly 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).

  • Information on the latest purchase of the property in the last three years.

  • Information on any written private agreements, such as a shared driveway with a neighbor.

  • A list of any personal property that is part of the home and you intend to be sold with the home, such as a oven, or a washer and dryer, if applicable.

  • Any paperwork, such as a Title policy with information on encroachments or easements 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, your septic system 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 central air conditioning or roof repairs) and permit confirmation (if available).

  • A copy of the current listing agreement and broker's data sheet and Purchase Agreement if a sale is "pending".

  • Information on "Homeowners Associations" or condominium covenants and fees.

  • A list of "proposed" improvements when the property is being appraised "as complete".

Once your appraiser has arrived, you do not need to escort them along on the entire site inspection, but can be helpful be present to answer questions about your property and be willing to point out any home improvements.

Here are some other suggestions:

  • Accessibility: Make sure that all areas of the home are accessible, especially to the attic and crawl space.

  • Housekeeping: Appraisers see hundreds of homes a year and will look past most clutter, but they're human beings too! A good impression can mean a better home value.

  • Maintenance: We often suggest repairing small things like leaky faucets, missing door handles and trim.

  • FHA and VA Inspection Items: In the case of your borrower trying to apply for either an FHA or VA loan, we strongly recommend to ask your appraiser if there are extra things that should be done before they come. Some items they may recommend might be: putting smoke detectors on all levels (and especially near bedrooms); although GFI outlets are no longer required, ensuring there are electrical receptacles in every room and that each receptacle functions; eliminating pull-chain lights in areas other than the basement or attic. And finally, provide inspection access to the attic and crawl spaces since the appraiser will need to look at those, too.