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Get Appraisal Check Hold Form
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How to fill out the Appraisal Check Hold Form online
The Appraisal Check Hold Form is an essential document for borrowers involved in real estate transactions. This guide provides clear, step-by-step instructions on how to accurately complete the form online, ensuring your submission is seamless and effective.
Follow the steps to complete the Appraisal Check Hold Form online
- Press the ‘Get Form’ button to access the Appraisal Check Hold Form and open it in your preferred online editor.
- Carefully enter the borrower's name in the designated field. Make sure to provide the full name as it appears on legal documents.
- Input the property address where the appraisal is applicable. Verify the accuracy of the address to avoid any delays.
- Fill in the loan number associated with the appraisal request. This is typically provided by your financial institution.
- Provide your office contact number to facilitate communication regarding this document and the appraisal process.
- Enter the estimated closing date for the property transaction in the specified field. Make sure this date aligns with your lending plans.
- Select one of the options for handling the check by marking either ‘DO NOT DEPOSIT CHECK - Will be collected on the HUD’ or ‘DEPOSIT CHECK’.
- Sign the form where indicated to confirm your agreement and understanding of the terms outlined in the form.
- Date the form to indicate when you completed it. This should match the date when you are submitting the form.
- After completing the form, save your changes, and consider downloading, printing, or sharing the document as needed according to your submission preferences.
Complete your Appraisal Check Hold Form online today for a smooth appraisal process.
Typically you can expect a home appraisal to remain valid for anywhere between 60 days (two months) and 180 days (six months), with a number of exceptions and variables. Appraisers use comparable sales (recently sold properties with similar characteristics) to form their opinion of value.
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