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Appraisal report property 2025

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The document is an Appraisal Report for a residential income property prepared for Freddie Mac. It outlines the purpose of estimating the current market value of the property, including details about the property identification, appraisal instructions, and various financial metrics such as estimated market value, gross annual income, and expenses. The report also includes sections on neighborhood analysis, site description, improvements, cost approach, comparable rental data, and market approach. Additionally, it emphasizes compliance with ethical standards and conditions affecting the appraisal.

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Can a seller see the appraisal?

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.

Is appraisal data public?

The confidential nature of appraisals protects the privacy of those involved in the transaction. While appraisals themselves are not public, some related information may be accessible. For example, in many states, property tax assessments and sale prices are often part of the public record.

Where can I find an appraisal report?

To find the last appraisal of a house, you can contact the county assessors office, search county websites for property records, ask the listing agent or request information from the seller. Alternatively, you can hire an appraiser or use appraisal data services like .

Is an appraisal confidential?

Appraisers know that appraisal reports contain confidential information and assignment results. Within USPAP, confidential information is that which is not publicly available and is identified by an applicable law or regulation.

Who gets an appraisal report?

The final report is delivered to the lender usually uploaded to a secure portal. It is up to the lender to inform the buyer (or the seller) what the home is appraised for. In most states, Lenders must share the appraisal report with the borrower, by law.

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Is a property appraisal public record?

Appraisals are subject to the general exceptions, such as trade secrets and specific statutory exemptions but, absent any specific exemption, would be considered public records.

Are property appraisals public?

Buying a house depends on knowing if there are any major issues ( mold, termites, etc. ) but appraisals are kept private.

What is an appraisal report in real estate?

What Is an Appraisal Report? An appraisal report is a detailed document that outlines a propertys value based on its quality, condition, location, and surrounding market conditions. A real estate appraiser compiles this objective report after performing an in-depth examination of the property.

Appraisal report property 2025

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Can a seller see the appraisal?

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Is an appraisal confidential?

Who gets an appraisal report?

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Is a property appraisal public record?

Are property appraisals public?

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