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 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


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