Orange California Seller's Information for Appraiser is a comprehensive set of documents and data that the seller of a property provides to the appraiser in order to assist them in determining an accurate and fair market value of the property. These documents are essential for the buyer and appraiser to evaluate the property's worth and make informed decisions during the real estate transaction. The specific types of Orange California Seller's Information for Appraiser provided to Buyer may include: 1. Property Information: This includes property details such as its address, legal description, parcel information, zoning details, and any relevant survey reports. It also covers the property's physical characteristics, such as the number of rooms, bathrooms, square footage, and lot size. 2. Property History: This comprises the property's ownership history, including the names of previous owners, dates of ownership, and purchase prices. It may also include any historical records, such as renovations, additions, or demolition permits, as well as any major repairs or upgrades done to the property. 3. Sales and Listing Information: This includes a record of recent sales of similar properties in the Orange California area. It helps the appraiser to identify comparable properties, also known as "comps," which are vital for determining the property's market value. Additionally, the seller may provide current and previous listing information, such as the property's listing price, duration on the market, and any price reductions. 4. Property Taxes: This section provides details about the property's tax assessment and payment history. It includes information about the assessed value, any exemptions or special assessments, and the current and previous tax amounts due. It helps the appraiser to evaluate the property's tax liabilities and its impact on the overall value. 5. HOA or Condominium Association Information: If the property is part of a homeowners' association (HOA) or condominium association, the seller should provide the relevant documents. These may include the association's bylaws, rules and regulations, financial statements, and monthly or annual fees. The appraiser takes into account these fees and the amenities offered by the association when assessing the property's value. 6. Disclosure Documents: The seller is responsible for disclosing any known material defects or issues with the property. This may include previous damage, repairs, or any potential hazards such as lead-based paint, mold, or termite infestation. These disclosures protect the buyer and ensure transparency during the appraisal process. By providing the Orange California Seller's Information for Appraiser to the buyer, the seller is facilitating a smooth and accurate appraisal process. It enables the appraiser to make an impartial evaluation of the property's value, which is crucial for both the buyer and seller in negotiating a fair price and closing the real estate transaction successfully.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.