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File No. 08101634 Page #1 The Cary Group SUBJECT Summary Appraisal Report I did perform. CONTRACT ExteriorOnly Inspection Residential Appraisal Report File # 08101634 The purpose of this summary appraisal
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How to fill out summary appraisal report exterior-only

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How to fill out summary appraisal report exterior-only:

01
Start by gathering all the necessary information about the property's exterior. This includes details such as the size of the lot, the exterior materials used, any improvements or renovations, and any unique features.
02
In the report, provide a detailed description of the property's exterior. Include information about the overall condition, any visible damages, and any maintenance issues that need to be addressed.
03
Take photographs of the exterior of the property from different angles. These photographs should clearly capture the condition of the property and any notable features.
04
Evaluate the overall curb appeal of the property. Consider factors such as landscaping, the condition of the driveway and sidewalks, and the general appearance of the exterior.
05
Compare the property to similar properties in the area. Assess how the property's exterior compares in terms of condition, features, and overall appeal.
06
In the report, provide an estimated value for the property based on the exterior condition and its comparison to similar properties. Use appropriate valuation methods and consider factors such as market trends and location.

Who needs summary appraisal report exterior-only:

01
Lenders and financial institutions may require a summary appraisal report exterior-only to validate the property's value for loan or mortgage purposes. This report provides them with a clear understanding of the property's exterior condition and helps them assess the risk associated with the loan.
02
Real estate agents and brokers may need a summary appraisal report exterior-only to assist in determining the listing price of a property. This report helps them understand the property's strengths and weaknesses in terms of its exterior, which can affect the market value.
03
Homeowners or property owners may request a summary appraisal report exterior-only for personal knowledge or when planning to sell their property. This report can help them understand the current condition of their property's exterior and determine any necessary improvements or repairs to increase its value.
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Summary appraisal report exterior-only is a type of appraisal report that provides an evaluation of a property's exterior only, without including an interior inspection.
Property owners or individuals seeking an appraisal for a property may be required to file a summary appraisal report exterior-only, depending on the specific requirements of their situation or lender.
To fill out a summary appraisal report exterior-only, the appraiser must conduct an exterior inspection of the property, gather relevant data, analyze market trends, and provide an evaluation based on the information obtained.
The purpose of a summary appraisal report exterior-only is to provide a valuation of a property based on its exterior features, without the need for a full interior inspection, which can be useful in certain situations where a comprehensive appraisal is not necessary.
The information reported on a summary appraisal report exterior-only typically includes details about the property's exterior features, location, neighborhood, market conditions, and comparable sales data.
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