San Diego California Seller's Information for Appraiser provided to Buyer

State:
California
County:
San Diego
Control #:
CA-00472-2
Format:
Word; 
Rich Text
Instant download

Description

This Seller's Information for Appraiser provided to Buyer form is used by the Buyer in California to provide information required by an appraiser in order to conduct an appraisal of the property prior to purchase. The Seller provides this completed form to the Buyer, who furnishes it to the appraiser. This form is designed to make the transaction flow more efficiently.

San Diego California Seller's Information for Appraiser provided to Buyer is a comprehensive report that offers detailed insights and important information about a property being sold in San Diego, California. This documentation encompasses various aspects that help the appraiser evaluate the fair market value of the property accurately. Several types of San Diego California Seller's Information for Appraiser provided to Buyer may include: 1. Property Details: This section provides a thorough description of the property, including its address, size (in square footage), number of bedrooms and bathrooms, lot size, and any notable features or upgrades. It may also include information about the type of dwelling, such as a single-family home, condominium, townhouse, or multi-unit building. 2. Property History: The appraiser relies on the property's historical information to assess its value. This section provides details about the property's previous sales, purchase price, and dates of ownership changes. It may also include information about any previous appraisals, assessments, or inspections conducted on the property. 3. Neighborhood Analysis: To determine the property's value, the appraiser needs to understand the surrounding neighborhood. This section provides details about the neighborhood's characteristics, such as its location, proximity to amenities like schools, parks, shopping centers, and transportation options. It may also include information on recent sales of comparable properties in the same area. 4. Property Condition: This section focuses on the condition of the property being sold. It provides information about the age of the house, the materials used for construction, recent renovations or repairs, and any noticeable damage. Additionally, it may include details about the overall maintenance level and the state of various components, such as the roof, electrical system, plumbing, and HVAC (heating, ventilation, and air conditioning) system. 5. Upgrades and Improvements: Appraisers consider any upgrades or improvements made to the property that may enhance its value. This section provides a list of improvements, remodels, or additions completed by the sellers, including the dates and cost of the upgrades. It may cover upgrades like kitchen remodels, bathroom renovations, installations of energy-efficient features, or the addition of a swimming pool or outdoor living space. 6. Disclosure Statements: As per California law, sellers must disclose certain information about the property to prospective buyers. This includes known issues or defects, natural hazards, encroachments, easements, pest infestations, or any pending legal or environmental issues. The San Diego California Seller's Information for Appraiser provided to Buyer may include copies of these disclosure statements, ensuring that the appraiser is aware of any potential factors that may affect the property's value. In conclusion, the San Diego California Seller's Information for Appraiser provided to Buyer is a comprehensive report that presents crucial details about a property to help the appraiser accurately assess its fair market value. By providing in-depth information regarding property details, history, neighborhood analysis, condition, upgrades, and disclosure statements, this report assists the appraiser in making an informed evaluation.

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How to fill out San Diego California Seller's Information For Appraiser Provided To Buyer?

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FAQ

Yes! Regulations allow real estate agents, or other persons with an interest in the real estate transaction, to communicate with the appraiser and provide additional property information, including a copy of the sales contract.

Court decisions in California for decades make it very clear that sellers (and their real estate agent) have the duty to disclose prior inspection reports on a listed parcel that are in the possession, custody or control of the seller regardless of who initially paid for the report.

The Transfer Disclosure Statement (TDS) is required in the state of California unless the seller (or transferor) meets one of the following conditions: Court-ordered sales such as probate sales, foreclosure sales, sale by bankruptcy trustee, eminent domain.

The CRES Risk Management legal advice team noted that an appraisal is material to a transaction and like a property inspection report for a purchase, it needs to be provided to the seller, whether or not the sale closes.

A Seller's Disclosure is a legal document that requires sellers to provide previously undisclosed details about the property's condition that prospective buyers may find unfavorable. This document is also known as a property disclosure, and it's important for both those buying a house and for those selling a house.

They are not required to share the actual inspection report itself, because the inspection report is the property of whomever paid for the inspector.

??Five Things to disclose When Selling Your House in California The Form. Every person who sells real estate in California must complete and provide the buyer with a required form.Property Taxes.Toxic Substances (Asbestos Disclosure)Death at the Property.The Water Heater Strap.

In California, sellers must provide a Transfer Disclosure Statement (TDS) to any potential buyer whose offer has been accepted. This form asks specific questions about defects or malfunctions the seller may be aware of.

Unless the purchase contract requires the buyer to share the appraisal, it may not be mandatory. You need to consult a local attorney to review your agreement and render an opinion on the appraisal sharing requirement if there is one.

??Five Things to disclose When Selling Your House in California The Form. Every person who sells real estate in California must complete and provide the buyer with a required form.Property Taxes.Toxic Substances (Asbestos Disclosure)Death at the Property.The Water Heater Strap.

More info

Local Option Real Estate Transfer Disclosure Statement. In the purchase agreement, the buyer (or seller) will select a title and escrow company like Stewart.Title of California to supply those services. Appraisers are only as good as the data available to them. United States. Congress. House. Examples of personal property. In a sellers market, many buyers are even willing to pay cash to make up the difference between the appraised value and the offer price. Telephone numbers are included for information only. SELLER: The Trust for Public Land. A disclosure document can be important for both home buyers and sellers.

It also can be used by an appraiser and broker to help a buyer decide which real estate company to use. Federal law requires that any listing agent who sells an agent must provide the buyer with a copy of the transfer affidavit, but some states have laws or rules that may supersede that requirement. Federal law requires that a real estate license issued in another state for real estate agents be available to, but not limited to, realtors licensed in the county where they are employed. In some states a licensed agent is permitted to use a different state's license for his or her own business. In others a license must be available to an agent only if the agent or broker is the owner or licensee of that license. State and local laws may require sellers and title companies to provide a transfer affidavit in some cases. The Trust for Public Land has prepared a copy of the disclosure form to help you fill out your own. See California Real Estate. Title.

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San Diego California Seller's Information for Appraiser provided to Buyer