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OTC 994APPLICATION FOR PROPERTY VALUATION LIMITATION AND ADDITIONAL HOMESTEAD EXEMPTION Ken Hazel, Tulsa County Assessor 500 S. Denver Ave., Suite 215 Tulsa, OK 74103 918.596.5100 www.assessor.tulsacounty.org

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How to fill out application for property valuation

01

Start by gathering all necessary documents, such as property deeds, tax records, and relevant financial statements.

02

Determine the purpose of the property valuation. Are you looking to sell the property, obtain a loan, or determine its market value?

03

Research and select a reputable property appraiser or valuation company.

04

Contact the chosen appraiser or company and schedule an appointment.

05

Provide the appraiser with all the required information and access to the property for inspection.

06

Cooperate with the appraiser during the valuation process, answering any questions they may have.

07

Wait for the appraiser to complete the valuation report, which should include a detailed analysis of the property's characteristics, comparable sales, and an estimated value.

08

Review the valuation report for accuracy and validity.

09

If necessary, consult with the appraiser to address any concerns or clarify any points.

10

Once satisfied, submit the valuation report along with the application to the relevant party or organization.

Who needs application for property valuation?

01

Property owners who are planning to sell their property.

02

Individuals or businesses looking to obtain a loan using their property as collateral.

03

Real estate investors who are considering purchasing property and need an accurate valuation.

04

Banks and financial institutions that require property valuations for mortgage lending or refinancing purposes.

05

Legal professionals involved in property disputes, divorces, or estate settlements where property value needs to be determined.

06

Government agencies for tax assessment or eminent domain cases.

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