Sometimes an appraisal can be more than 25 pages in length, so it can be overwhelming to know what to look at quickly to grasp the value rationale of the appraiser. The next pages give an example of some of the top items to look for in an appraisal report instead of just looking at the bottom line value. Sections highlighted in bold blue text on the following pages are some of the most important portions to read through in an appraisal. These may help you gauge whether the report is reliable or not. Please note each appraisal software company may have a slightly different layout, and that appraisals for non-lending purposes may look even less similar.
This example report is part of a blog series on the Sacramento Appraisal Blog. http://sacramentoappraisalblog.com/2013/07/01/top-items-to-review-in-an-appraisal-report-part-1/
Let me know if you have any questions or if you would like me to visit your office to lead a discussion on how to read and review an appraisal report.
Certified Residential Appraiser