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Once
you’re property is under a sales contract, and after all
verifications have been checked out on behalf of the buyer,
the lender will then order an appraisal to ensure that the
property is worth what the buyer is willing to give.
Do
you know of any repairs that need to be taken care of prior to
going on market?
The
following is an overview of items the appraiser looks for.
Exterior
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Type
and condition of roof
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Condition
of trim, soffit, and fascia
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Type
of exterior siding and condition
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Type
of windows and storm windows
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Are
there porches? condition
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Are
there garages? type and condition
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Landscaping,
driveways, walks
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Condition
of surrounding properties/general price range
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What
public utilities serve the property
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Measurement
of exterior, type of house, how many stories
Interior
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Notes
on number of rooms, type of floors, walls, ceilings, and
condition
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Square
footage
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Wall
outlets in each room
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Baths
– run the sink faucet and flush the toilet – check for
water pressure, type of floor in bath and walls around the
tub/shower
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Handrails
on stairwells
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Condition
of kitchen, type of cabinets, appliances, if any
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Number
of bedrooms, closets in bedrooms, condition
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Is
there an attic, is it floored, is it insulated?
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Type
of insulation in the house – walls and roof
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Attic:
is there evidence on the ceiling of water leakage from the
roof?
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