A Competent Appraisal Report Includes:

• A document explaining in detail what type of value is being sought.
  
  
• An explanation of the purpose and function of the appraisal report.
  
  
• A complete and accurate description of the property, including the age, history, dimensions and condition. 
  
  
• Detailed color photographs of each item.
  
  
• The date and location of the inspection and the effective date of the value.
  
  
• A Statement by the appraiser that he or she has no financial interest in the property, or that such interest in the property is disclosed in the report.
  
  
• A clearly defined appraised value
  
  
• The appraiser’s qualifications and signature