Hawaii Checklist Appraisal
Description
How to fill out Checklist Appraisal?
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FAQ
A: Unless the equipment would be damaged if operated, ALL utilities must be on during an appraisal inspection.
Your house doesn't need to be spotless but picked up enough so that we can make our observations. We'll need to be able to see such things as the floors and countertops. For FHA appraisals, the attic and crawl space need to be accessible to the appraiser.
Appraisers check for both hot and cold running water as well as flush the toilets to be sure they are all working. Adequate water pressure must be present and all water fixtures must work properly as well as the water heater.
If possible, repairs should be made to your home prior to the home appraisal being done, and if possible - before the home is put up for sale. The repairs not only improve the home's marketability, but depending on the loan type the repairs will likely be required and will cost an additional fee for a re-inspection.
ByBe sure to have any safety equipment installed and working properly.Walk around your home before the appraisal with a critical eye.Inform your home appraiser of any home improvements you have done on your home.Do some sprucing up.Do some research on other homes in the neighborhood.Clean your heart out.More items...
A home appraiser is a professional tasked with estimating the market value of a house for a variety of purposes including real estate transactions, mortgage financing, estate, tax purposes, marketing listing purposes, and litigation.
Appraisers will flag any major issues regarding plumbing, electrical, and HVAC (heating, ventilation, and air conditioning). All systems should be in working condition, or you may need to repair them before a bank will secure the buyer's loan.
The home's overall condition and any home improvements made since the last date of purchase. The number of bedrooms and bathrooms compared to other neighborhood properties as well as amenities like fireplaces, decks, bonus rooms, garages, and landscaping. The lot size and neighborhood zoning restrictions.
Yes, most owner occupant loans require the water to be working, and therefore to be inspected.
What does a home appraiser look for?The condition of the home (are there any cracks, damages, leaks, etc.)The size of the home and the property lot.The quality of landscaping.The quality of roofing and foundation.The number of bedrooms and bathrooms.The quality of lighting and plumbing.The number of fireplaces.More items...
