Gearing up for an appraisal from DFW Quality Appraisal

To help the appraisal 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 readily available).
  • Any information on the purchase of the property for the last three years.
  • Written property agreements, such as a maintenance easement for a shared driveway.
  • A list of any personal property that will be left behind and sold with the home, such as a oven, or a washer and dryer, if applicable.
  • Any documents, such as a Title policy with information on encroachments or easements encroachments or easements.
  • Most recent real estate tax bill and or legal description of the property.
  • Any inspection reports, or other recent reports for termites, EIFS (synthetic stucco) wall systems, your septic system and your well.
  • Brag sheet that lists 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 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 "suggested" improvements when the property is being appraised "as complete".

Need more information to prepare for an appraisal? Contact us.

When the appraiser arrives, you do not need to escort them along on the entire site inspection, but it's helpful be available to answer questions about your property and be willing to point out any home improvements.

Here are some other recommendations:

  • Accessibility: Make sure that all areas of the home are accessible, especially to 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 better home value.
  • Maintenance: We often suggest fixing small things like leaky faucets, missing door handles and trim.
  • FHA and VA Inspection Items: In the case of your borrower applying 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 arrive. Some things they may recommend might be: Make sure you have smoke detectors on all levels (especially near bedrooms); install handrails on all stairways; peeling paint should be removed and repainted; provide inspection access to the attic and crawl spaces.