As a company that provides innovative fund control software, we know that our clients have a wide range of needs. For example, we know that getting a building ready for an inspector’s appraisal can be challenging. Read on to get six ideas on how to get ready. Then contact us at 800-625-5972 or info@eclsoftware.com for the most innovative fund control solution on the market.

1. Make sure access is available

   First, identify who at your company will be there to show the appraiser the property. Make sure that person is on time. Make sure they have access and are familiar with the entirety of the property, including the attic, storage areas, crawlspaces, etc. Make sure the person showing the property knows what to point out, such as double earthquake strapping for hot water heaters, or carbon monoxide detectors.

2. Make sure your appraiser is familiar with your neighborhood

   Despite their experience and good intentions, if an appraiser is traveling a long way to come to the appraisal, and they are not familiar with the neighborhood you are in, then you could end up not getting an accurate appraisal. Yes, the bottom line will be largely dependent on the structure you built but the location is just as important.

3. Have your own comparables ready

   Do not assume that your appraiser will have information on comparable sales. You can talk to your real estate agent if you have one, or use an online site to look at homes or properties in the area that are similar and sold within half a year. These comps are just suggestions but they can be important for the appraiser to have.

4. Clean up the property

   Should an appraiser take into consideration temporary messes in a property? No, but they may do so anyway. If there is clutter or a mess, then the appraiser may consider this an example of a poorer quality of home. In other cases, they may unconsciously mark off points due to the clutter or mess in a property.

5. Have a list of improvements ready

   If the home is not new and you are dealing with a renovation, then make sure you have a list of every improvement you have done to the home. The appraiser is going to take into consideration these improvements when they give their final appraisal. The underwriter may look at the price and wonder why it has gone up. Having the list of improvements can solve both situations.

6. Communicate with everyone on the project

   Our fund control software makes it simple for you to communicate with everyone involved in the project. You need to ensure that your foreman is ready for the appraiser, and you need to ensure that your fund control manager is ready to take action once the appraiser files their report. Fund control software allows you to get it done all at once – and accurately.