Before the visit
The assignment starts with the property, purpose, intended users and effective date. Agree the scope, fee, access arrangements and delivery estimate. For a mortgage-related assignment, the lender or servicer may control the ordering route. Confirm that process before arranging a separate private appraisal.
At the property
Depending on the scope, the appraiser observes and records the interior and exterior, layout, size, condition and notable features. Photographs and measurements may be part of the work.
- Arrange access to the relevant areas.
- Share a dated list of additions, renovations and major repairs.
What to explain
Point out features that are easy to miss and identify known problems accurately. Include additional parcels, shared access or unusual property rights. For a past effective date, separate the property’s earlier condition from work completed later. Dated photos and records can help explain that difference.
After the visit
The appraiser researches relevant market evidence, compares sales and analyzes the property within the agreed scope. The report sets out the value, effective date, reasoning, assumptions and limitations. The day of the visit and the date the value describes need not be the same.
An appraisal is different from a home inspection
An appraisal addresses value. A home inspection investigates condition for its own purpose and scope. If you need an assessment of a roof, foundation, electrical system or other defect, discuss the appropriate inspection with a qualified provider. Do not treat the valuation visit as a substitute.
When the report arrives
Check the property description, intended use, effective date and stated assumptions. Raise specific factual questions with supporting documents. Delivery and permitted use follow the engagement; for a loan, discuss report access and questions through the lender’s process. The appraisal does not itself approve financing or decide a legal outcome.