Get the free APPRAISAL ORDER FORM - InterBank

APPRAISAL ORDER FORM Send to: teamblueappraisals interbankwholesale.com (Fax: 847-574-8141) Or teamredappraisals interbankwholesale.com (Fax:847-574-8160) Borrower Last Name: Loan #: Subject Property

How to fill out appraisal order form

How to fill out an appraisal order form:

1. Start by obtaining the appraisal order form from the appropriate source. This can usually be done by contacting the entity or organization that requires the appraisal.
2. Begin filling out the form by providing your personal information. This typically includes your name, address, phone number, and email address. Some forms may also request additional details such as your social security number or employment information.
3. Next, specify the purpose of the appraisal. This could be for insurance purposes, real estate transactions, estate planning, or any other reason necessitating an appraisal.
4. Provide details about the property or item being appraised. Include as much information as possible, such as the type of property, its location, size, and any unique features or characteristics. If it's an item, describe it in detail and provide any relevant documentation or photographs.
5. Indicate any specific requirements or instructions you have for the appraiser. This could include requests for certain appraisal methods, desired turnaround times, or any special considerations that need to be taken into account during the appraisal process.
6. Specify the desired valuation date for the appraisal. This is the date at which the appraiser will assess the value of the property or item.
7. Provide any supporting documents that may be required. This could include previous appraisals, property records, insurance policies, or any other relevant paperwork.
8. Review the completed form for accuracy and completeness. Ensure that all the necessary fields have been filled out correctly and that you haven't missed any essential information.

Who needs an appraisal order form:

1. Individuals looking to buy or sell real estate. Whether you're a buyer or seller, an accurate appraisal is crucial in determining the fair market value of the property to ensure a fair transaction.
2. Insurance companies and policyholders. Appraisal order forms are often required when insuring valuable items, such as artwork, jewelry, or collectibles. The appraisal helps determine the value of these items and ensures proper coverage in case of loss or damage.
3. Financial institutions and lenders. When applying for a mortgage or loan, financial institutions may request an appraisal order form to assess the value of the property being used as collateral.
4. Estate planners and individuals dealing with inheritance. When there's a need to divide assets or determine the value of an estate, appraisal order forms are often required to establish the value of the properties or items involved.
5. Government agencies and tax authorities. Appraisal order forms may be needed for tax purposes, particularly when determining the fair market value of properties or assets for estate taxes, gift taxes, or capital gains taxes.

Overall, appraisal order forms are necessary for individuals and organizations requiring an accurate valuation of properties or items for various reasons, including sales, insurance, financial transactions, taxes, and estate planning.

For pdfFiller’s FAQs

What is appraisal order form?

The appraisal order form is a document used to request an appraisal of a property.

Who is required to file appraisal order form?

Lenders or financial institutions typically request the appraisal order form as part of the loan application process.

How to fill out appraisal order form?

The appraisal order form usually requires information about the property, the borrower, and the purpose of the appraisal.

What is the purpose of appraisal order form?

The purpose of the appraisal order form is to initiate the appraisal process and determine the value of a property.

What information must be reported on appraisal order form?

The appraisal order form may require details about the property's address, size, condition, and any recent improvements.

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