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Get Land Appraisal Form 2020-2025
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How to fill out the Land Appraisal Form online
Filling out the Land Appraisal Form online can streamline the evaluation process of your property, ensuring that you provide all necessary information accurately. This guide will lead you through each section of the form, making it easy for you to complete it correctly.
Follow the steps to complete the Land Appraisal Form effectively.
- Click ‘Get Form’ button to access the Land Appraisal Form and launch it in your preferred digital format.
- Begin by filling out the identification section, including details such as the file number, borrower name, property address, city, legal description, and sale price. Ensure all entries are accurate to facilitate the appraisal process.
- Complete the tax information section with actual real estate taxes, and identify the lender or client related to the appraisal.
- Provide additional details such as the census tract, county, date of sale, and information about the occupant, ensuring that the zip code is also entered.
- Specify the loan term duration in years and select the property rights appraised (fee or leasehold). Additionally, indicate any loan charges to be paid by the seller along with any sales concessions.
- Assess the property’s condition by selecting options for its overall quality (good, average, fair, poor) and the employment stability of the area.
- Evaluate convenience factors, including proximity to employment, shopping, schools, public transportation, and the general demand/supply status. Provide your observations in response to these elements.
- Address the property’s current usage and potential changes in land use. Indicate the percentage of family, industrial, vacant, or other applicable classifications.
- When filling out site-related information, include aspects such as dimensions, zoning classification, site improvements, and any issues with conformance to zoning regulations.
- Examine off-site improvements and infrastructure access such as electricity, street access, gas, and water. Indicate whether the property is located in a special flood hazard area.
- Summarize recent comparable sales in the market data analysis section, detailing proximity, sales price, adjustment factors, and comments on the data collected.
- Complete the reconciliation section with final comments and conditions regarding the appraisal, including your estimated market value of the subject property.
- Finally, ensure that all information is double-checked, then save your changes, download, print, or share the completed Land Appraisal Form as needed.
Start filling out the Land Appraisal Form online today to ensure a smooth appraisal experience.
For vacant land, the appropriate appraisal form is the Land Appraisal Form specifically designed for undeveloped properties. This form allows appraisers to provide a clear overview of the lot's potential value based on size, location, and accessibility. Ensure this form includes all relevant analysis to accurately represent the property.
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