understanding the process
what to expect during the visit
understanding the process
1. Mutual Agreement
Once you and the buyer agree on a purchase
price and execute the contract, the lender
initiates the appraisal process.
2. Appraisal Ordered
The lender engages a real estate appraisal
management company, which assigns a
qualified local appraiser.
3. Scheduling the Visit
The appraiser coordinates with your real
estate broker or calls you directly to arrange
a convenient time for a brief
property walkthrough.
4. Property Inspection
During the visit, the appraiser measures the
home’s square footage, reviews the layout,
assesses overall condition, and notes any
upgrades or improvements.
5. Comparable Sales Analysis
The appraiser researches recent sales of
similar properties in the area, analyzing
similarities and differences. This step—data
collection, research, and valuation analysis—
is typically the most time-intensive.
6. Report Submission to Lender
A comprehensive appraisal report, including
the home appraiser's opinion of value,
is submitted to the lender. The lender
reviews the report and sends it to
underwriting for final approval.
7. Delivery of Results
The lender will provide you with a copy
of the completed appraisal report.
preparing for the visit
what to expect during the visit
understanding the process
1. Declutter the Property
While general decluttering is
encouraged to improve accessibility
and presentation, personal belongings
do not impact the appraised value of
your home.
2. Ensure Safety and Functionality
Confirm that smoke and carbon
monoxide (CO) detectors are installed
and operational. CO detectors are
required for all home purchases in
Washington and Oregon, as
well as for federally backed loans,
regardless of the heating source. If
your home has a tank water heater,
ensure it is properly double-strapped.
3. Complete Minor Repairs
Address simple maintenance items
such as non-functioning door latches
or handles, torn window screens,
minor plumbing issues, and faulty light
fixtures. These small repairs can
enhance the overall condition and
impression of the property.
4. Share Relevant Information
Provide the real estate appraiser with any
pertinent details that may not be
readily visible, including prior leaks,
plumbing or electrical updates, or
other improvements that could
influence the property’s value.
5. Minimize Distractions
Create a distraction-free environment
by turning off televisions and loud
music prior to the visit. If you have
pets, particularly dogs, please ensure
they are secured if they may interfere
with the inspection.
what to expect during the visit
what to expect during the visit
what to expect during the visit
1. Access to the Property
Please ensure all areas of the home are
accessible. The home appraiser will take
exterior photos and interior photos of all
rooms, including the garage, laundry area,
and water heater. For FHA or VA loans,
photos of the attic and crawl space will also
be required.
2. Inspection Process
Appraisers may have different preferences
during the inspection. Some may prefer to
work independently, while others may
welcome a guided walkthrough.
Please allow them the space to work in the
manner they find most effective. The visit
will take anywhere from 20 minutes to
an hour to complete.
3. Sharing Relevant Information
Inform the home appraiser of any important
details that may not be immediately visible,
such as past leaks, updated plumbing, or
electrical improvements, as these may
influence the property’s value.
4. Provide Supporting Documentation
If available, please share copies of any prior
appraisals with the appraiser.
Important Note on Valuation
Please refrain from asking the real estate appraiser to estimate the property’s value during the visit. Questions such as “What do you think it’s worth?” or “How much has the value increased?” cannot be addressed on-site. Appraisers are required to remain impartial, and their valuation must be based on a thorough analysis in accordance with professional standards and licensing requirements.