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Thread: Anyone had experience with an appraiser before?

  1. #1
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    Anyone had experience with an appraiser before?

    I got this guy coming to check out the place in which I am renting at the moment. I am kind of worried. The owner just told me he hopes everything goes well. I don't understand what he means by that Is he worried that there is going to be damage, which is going to affect his appraisal?

    Anyhow, I am kind of worried too. What are things that an appraiser can check and do and what things they cannot do? ? He will be here for like 10 minutes..... I am kind of worried as well. Will they check the closets since I have tons of stuffs in there?
    Last edited by charmainia; 12-06-2005 at 10:39 PM.

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    They look at structual, fire hazards from electrical.....landlord selling?

    10mins is kinda quick...min is usually 30 mins.

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    Appraisers are different from Home Inspectors, the former simply looks around the house, gathers the features of the property and checks out the conditions of the amenities then establish a fair market value.

    Home Inspectors on the other hand can be a Realtor's nightmare because they could find thing like mold or structural damages that could potentially sour the deall

    I don't believe they will check the closet, other than to establish a size ( which is not all that important, because closets are not price-swinging features )

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    So far the reason i know your landlord would get an appraiser to come would probably be because hes trying to refinance, get a loan 4 his property or sell. The appraiser just basically assess the property. Compare it to other properties with the same size, built, age etc. so he can set a price on how much the propertys worth. He would hav to take pics also so i suggest pick up some clutter laying around. Its not an inspection u should be worried bout.

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    lol **** my bad

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    Because there has been some "little" wear and tear... That's normal, right? There is always some wear and tear. That is what I am worried about.... YIKES - I can't help it if the structural is a little cheap.. meaning the wood cabinet got a slightly chiped here and there ... oh well... and the walk can get easily dirty... (but i have been told by the neighbours that this was a common thing)
    Last edited by charmainia; 12-06-2005 at 11:10 PM.

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