Gresham Oregon Seller's Information for Appraiser provided to Buyer

State:
Oregon
City:
Gresham
Control #:
OR-00472-2
Format:
Word; 
Rich Text
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Description

This Seller's Information for Appraiser provided to Buyer form is used by the Buyer in Oregon 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.


Gresham Oregon Seller's Information for Appraiser provided to Buyer is a comprehensive document that contains valuable details about a property being sold in Gresham, Oregon. This information serves as a resource for appraisers to evaluate the property accurately and provide a fair valuation to potential buyers. The following are the primary types of Gresham Oregon Seller's Information for Appraiser provided to Buyer: 1. Property Description: This section includes detailed information about the property, such as its physical address, legal description, lot size, square footage, number of bedrooms and bathrooms, and any additional structures or amenities on the premises. It provides a comprehensive overview of the property's characteristics and features, aiding the appraiser in understanding its potential value. 2. Property History: This section covers the historical aspects of the property, including its purchase and sale history, previous owners, and any notable renovations or improvements made over the years. It provides important context related to the property's market value and any significant changes to its physical attributes. 3. Property Disclosures: These disclosures are crucial for appraisers to assess any potential defects, damages, or issues that may impact the property's value. They typically include information about the property's condition, any known environmental hazards, structural issues, or repairs required. Sellers are required to provide full disclosure to buyers, which directly influences the appraisal process. 4. Comparable Sales: This section includes a list of recently sold properties in the same Gresham, Oregon neighborhood or area that are comparable to the subject property. It provides essential data on recent sales prices, square footage, construction quality, and other relevant details. This information assists appraisers in determining an accurate market value for the property under appraisal. 5. Market Information: This component offers an overview of the Gresham real estate market conditions, recent trends, and any notable factors affecting property values in the area. This information helps appraisers assess whether the property's value aligns with the current market conditions and identify any potential risks associated with the market's performance. By providing this comprehensive Gresham Oregon Seller's Information for Appraiser to the buyer, potential property buyers can be confident that the appraiser has access to all necessary details to make an informed assessment. Sellers benefit from ensuring transparency during the appraisal process, promoting fair evaluations, and attracting serious buyers in the market.

Gresham Oregon Seller's Information for Appraiser provided to Buyer is a comprehensive document that contains valuable details about a property being sold in Gresham, Oregon. This information serves as a resource for appraisers to evaluate the property accurately and provide a fair valuation to potential buyers. The following are the primary types of Gresham Oregon Seller's Information for Appraiser provided to Buyer: 1. Property Description: This section includes detailed information about the property, such as its physical address, legal description, lot size, square footage, number of bedrooms and bathrooms, and any additional structures or amenities on the premises. It provides a comprehensive overview of the property's characteristics and features, aiding the appraiser in understanding its potential value. 2. Property History: This section covers the historical aspects of the property, including its purchase and sale history, previous owners, and any notable renovations or improvements made over the years. It provides important context related to the property's market value and any significant changes to its physical attributes. 3. Property Disclosures: These disclosures are crucial for appraisers to assess any potential defects, damages, or issues that may impact the property's value. They typically include information about the property's condition, any known environmental hazards, structural issues, or repairs required. Sellers are required to provide full disclosure to buyers, which directly influences the appraisal process. 4. Comparable Sales: This section includes a list of recently sold properties in the same Gresham, Oregon neighborhood or area that are comparable to the subject property. It provides essential data on recent sales prices, square footage, construction quality, and other relevant details. This information assists appraisers in determining an accurate market value for the property under appraisal. 5. Market Information: This component offers an overview of the Gresham real estate market conditions, recent trends, and any notable factors affecting property values in the area. This information helps appraisers assess whether the property's value aligns with the current market conditions and identify any potential risks associated with the market's performance. By providing this comprehensive Gresham Oregon Seller's Information for Appraiser to the buyer, potential property buyers can be confident that the appraiser has access to all necessary details to make an informed assessment. Sellers benefit from ensuring transparency during the appraisal process, promoting fair evaluations, and attracting serious buyers in the market.

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State Appraisal Regulatory Agencies ALAlabama Real Estate Appraisers Board334-242-8747OHOhio Real Estate Appraiser Board614-466-4100OKOklahoma Real Estate Appraiser Board405-521-6636OROregon Appraiser Certification & Licensure Board503-485-2555PAPennsylvania State Board of Certified Real Estate Appraisers717-783-486648 more rows

It is a written estimate of a property's value in the current market, as determined by a licensed appraiser. In a typical real estate transaction, the appraisal is requested by the buyer's mortgage lender. The lender wants to ensure the property is worth the amount that the buyer / borrower has agreed to pay for it.

Some examples include Zillow, National Association of Realtors, Redfin, Loopnet, or Bright. Another great source of information is the MLS.

The seller often does not generally get a copy of the appraisal, but they can request one. 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.

The appraiser researches market data, public records and talks with buyers, sellers and real estate brokers active in the market area. Data researched includes sales, leases, and current listings of similar properties. Other data include land sales and residential construction costs.

The Appraiser must verify transactional data via public records and the parties to the transaction: agents, buyers, sellers, Mortgagees, or other parties with relevant information.

Sources of appraisal information - Sales Management The sales manager should keep a file of data that provides measures of performance. Some of the typical sources of appraisal information available include: Previous appraisal forms. Training assessment reports.

The Confidentiality Section of the Ethics Rule of USPAP and the Appraisal Institute Code of Professional Ethics provide that an appraiser must not disclose confidential information or assignment results to anyone other than the client and persons specifically authorized by the client; state enforcement agencies and

The mortgage company owns the appraisal even though the borrower paid for it. This is because the mortgage company orders the appraisal on the borrower's behalf, and the Appraiser lists that mortgage company on the report.

The appraiser must gather data on comparable properties in the market. Relevant data include sales prices, listing prices, contract prices for pending sales, offering prices of pending offers. and also price on refused offers if available.

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Located at 18430-18510 SE Stark Street, Gresham, Oregon 97233 ("Property"). Looking for answers or clarification regarding the residential appraisal process?Whether you need to buy or sell residential property, our real estate agents are readily available to serve you with best. If you wish to provide additional information about THE BUYERS AND SELLERS LIST, please fill in the form below. 2401 SW 20th St Gresham, OR 97080.

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Gresham Oregon Seller's Information for Appraiser provided to Buyer