Get the free Appraisal Order Form - Portland Residential Appraisals, Inc.

110 SW Yam hill St., Ste 200, Portland, OR 97204 Phone: 503.226.0983 Email: info pdxres.com 925 Commercial St SE #250, Salem, OR 97302 Phone: 503.364.1144 Email: Adams salemres.com Appraisal Order

How to fill out appraisal order form

How to fill out an appraisal order form:

1. Start by reviewing the form: Take a look at the entire appraisal order form to familiarize yourself with the required information and sections. This will help you understand what details you need to provide.
2. Identify the subject property: The appraisal order form will typically ask for details about the property being appraised. Fill in accurate information such as the property address, the type of property (residential, commercial, etc.), and any unique characteristics that may affect its value.
3. Provide contact information: Enter your contact details as the person ordering the appraisal. This includes your name, phone number, email address, and any other relevant information requested on the form.
4. Indicate the purpose of the appraisal: Many appraisal order forms request the reason behind needing the appraisal. Specify whether it is for a sale, refinancing, insurance purposes, divorce settlement, or any other relevant purpose.
5. Include necessary documents: Some appraisal order forms may require you to attach supporting documents, such as property deeds, recent inspections, or any other relevant paperwork. Make sure to gather and attach these documents to ensure an accurate appraisal.
6. Specify any additional instructions or requirements: If there are any specific instructions you have for the appraiser or additional requirements you would like them to consider, make sure to include them in the designated section of the form.

Who needs an appraisal order form?

1. Homeowners: Homeowners who are looking to sell their property may need an appraisal in order to determine its market value and set an asking price.
2. Buyers: Prospective buyers seeking mortgage loans will often require an appraisal to ascertain the value of the property they intend to purchase.
3. Lenders and financial institutions: Banks and other lending institutions typically require an appraisal to assess the collateral value of a property before approving a mortgage or loan.
4. Real estate professionals: Agents, brokers, and real estate professionals may order appraisals on behalf of their clients to provide accurate property valuations for listing or negotiation purposes.
5. Legal professionals: Attorneys, particularly those involved in divorce settlements, property disputes, or estate planning, may request an appraisal to determine fair market value.
6. Insurance companies: Insurance companies may need an appraisal to determine the replacement cost of a property or to assess the value of items being insured.
7. Government agencies: Various government entities may require appraisals for tax assessments, land acquisitions, eminent domain cases, or regulatory purposes.

Remember, the specific need for an appraisal order form may vary depending on the situation and jurisdiction. It is always essential to consult with the relevant parties involved to determine their specific requirements.

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What is appraisal order form?

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

Who is required to file appraisal order form?

Typically, the lender or financial institution involved in the mortgage process is required to file the appraisal order form.

How to fill out appraisal order form?

To fill out the appraisal order form, you will need to provide information about the property being appraised, the reason for the appraisal, and contact details for all parties involved.

What is the purpose of appraisal order form?

The purpose of the appraisal order form is to initiate the process of obtaining an accurate valuation of a property.

What information must be reported on appraisal order form?

The appraisal order form must include details such as the property address, owner information, requested appraisal date, and any specific instructions for the appraiser.