When this appraisal helps
Lenders and authorized ordering parties can contact Midwest Home Values to discuss residential property assignments. Borrowers should follow their lender’s appraisal ordering process.
What the work considers
The agreed scope guides the property research, observation and market analysis. Relevant property characteristics, condition, improvements and comparable sales help support the opinion of value.
Start with the right information
- Authorized ordering contact
- Property address and property type
- Assignment and reporting requirements
- Relevant contract information when applicable
From request to report
Send the property address and purpose. Scott reviews the assignment, discusses the fee and timing, and confirms access needs. Research and analysis follow before delivery of the report for its agreed intended use.
A question worth asking
Can a borrower order an appraisal for their lender?
The lender determines its ordering process and acceptance requirements. Check with the lender before independently ordering a report.
How much does an appraisal cost?
The fee depends on the property, location and assignment requirements. Send the property address and purpose so Scott can review the scope and provide a quote.
How long will it take?
Scheduling and completion depend on the assignment and current availability. Mention any deadline when you contact Scott; timing is confirmed before work begins.
An appraisal is an opinion of property value. Your attorney, accountant, lender or other adviser should confirm requirements for your particular matter.
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