Cambridge Massachusetts Seller's Information for Appraiser provides valuable insights to the buyer regarding the property being appraised in Cambridge, Massachusetts. This comprehensive report offers critical details that aid buyers in evaluating the worth and condition of a property. It is essential for buyers to know the various types of Seller's Information available to appraisers in Cambridge, Massachusetts for a comprehensive understanding. Below are some key aspects covered in this report: 1. Property Description: The Seller's Information includes a detailed overview of the property, including its physical characteristics, such as the number of bedrooms, bathrooms, square footage, lot size, and any additional features like a garage, patio, or swimming pool. 2. Legal Description: This section provides the legal description of the property, including its boundaries, lot number, and any restrictions or easements that may impact the value or use of the property. 3. Sales History: The report provides a comprehensive sales history of the property. It includes information about the previous sale prices, dates of sale, and any additional property transfers that may have occurred. This data helps appraisers assess the property's value over time and identify any significant changes. 4. Property Improvement Details: Appraisers need to know about any upgrades or major renovations done to the property. The Seller's Information report highlights any additions, remodeling, or significant improvements made to the property, along with associated costs and dates. 5. Material Defects and Repairs: This section addresses any known material defects, damages, or repairs made to the property. It includes information about past or current issues that may influence the property's value or require additional appraisal considerations. 6. Environmental Factors: The report may encompass information about environmental concerns like flood zones, wetlands, or any special property designations that could significantly impact the property's value or use. 7. Utilities and Services: The Seller's Information also covers details regarding the availability and types of utilities and services connected to the property. This information can include water, electricity, gas, internet providers, waste management, and public transportation accessibility. 8. Homeowners Association (HOA): If the property is part of a homeowners' association, the Seller's Information mentions the association fees, amenities offered, and any related regulations or restrictions. 9. Neighborhood Analysis: A crucial aspect of the Cambridge Massachusetts Seller's Information is the neighborhood analysis, which assesses the property's location and its proximity to schools, shopping centers, transportation, recreational areas, hospitals, and other amenities. It provides buyers with a comprehensive understanding of the property's surroundings. 10. Comparable Sales: The report may include information on comparable sales in the area. These select properties serve as benchmarks for appraisers, helping them determine the property's market value based on similar sales in the vicinity. By providing detailed information on these and other relevant areas, Cambridge Massachusetts Seller's Information for Appraiser assists buyers in making informed decisions about property purchases in the area.
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.