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Appraisal review checklist 2021-2026
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- Click ‘Get Form’ to open the appraisal review checklist 2021 in the editor.
- Begin by filling in the SunTrust Loan Number, Borrower Name, and Property Address at the top of the form. Ensure accuracy as these details are crucial for identification.
- Proceed to the Appraisal Type section and select the appropriate checkbox for the appraisal type relevant to your review.
- In the Pre-review Items section, answer each question regarding market conditions and appraiser eligibility. Use checkboxes to indicate 'Yes', 'No', or 'N/A' as applicable.
- Move on to the Appraisal Section where you will answer a series of questions about property details, contract analysis, neighborhood conditions, site characteristics, improvements, and sales comparison grid. Provide detailed responses using checkboxes.
- Finally, ensure all comments have been read and understood before signing and dating the document. Save your completed checklist within your mortgage loan file.
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| Versions | Form popularity | Fillable & printable |
|---|---|---|
| 2012 | 4.9 Satisfied (231 Votes) |
Is the CASP checklist free to use?
We offer a number of free downloadable checklists to help you more easily and accurately perform critical appraisal across a number of different study types.
What is an appraisal checklist?
They provide a structured opportunity to assess employee performance, set goals, and plan for future development. A detailed appraisal checklist helps ensure that the evaluation process is thorough, objective, and constructive. This toolkit offers a step-by-step guide to managing performance appraisals effectively.
What is the appraisal review process?
The Uniform Standards of Professional Appraisal Practice (USPAP) 2010-2011 edition defines an appraisal review as the act or process of developing and communicating an opinion about the quality of another appraisers work that was performed as part of an appraisal, appraisal review, or appraisal consulting assignment.
Which is a required part of an appraisal review report?
Standards Rule 4-2(g) requires the appraisal review report to state the scope of work used to develop the appraisal review. Disclosure of the scope of work is required by all USPAP reporting standards.
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