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Updated about 11 years ago on . Most recent reply

Ibrahim Hughes's profile image
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Ibrahim Hughes
  • Real Estate Consultant
  • from Bloomfield, NJ
  • Member since Apr 29, 2010
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Ibrahim Hughes's profile image
Ibrahim Hughes's profile image
Ibrahim Hughes
  • Real Estate Consultant
  • from Bloomfield, NJ
  • Member since Apr 29, 2010
Connect
Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
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Foreclosures

What Info Should I have For Short Sale Appraiser?

Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
Posted

Working a few short sales (they're a small part of our business and intentionally getting smaller) and have an upcoming appraisal (agent says it's not a BPO) on a trashed and vacant house. But I want to make sure the appraiser understands just how bad this place is. What info should I submit to the appraiser upon his/her arrival? My thinking is to have the following:

  • Comps
  • Repair estimate from licensed contractor
  • additional pics.

Anyone care to elaborate on or add to the list? Any successful tips of the trade?

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