Property evaluation form 2026

1. Click ‘Get Form’ to open the property evaluation form in the editor.
2. Begin by filling in the 'Borrower(s)' and 'Property Owner(s)' sections with the relevant names. Ensure accuracy for proper identification.
3. Next, enter the 'Property Address' and 'Legal Description'. This information is crucial for locating the property accurately.
4. In the 'Present Use' section, describe how the property is currently being utilized. This helps in understanding its current market position.
5. Detail the 'Property type and general condition of improvements', including age, size, and construction specifics. This provides context for valuation.
6. Estimate the value of the subject property by filling in both land and improvements sections. Choose a basis for determining value: Market, Cost, or Income.
7. Indicate whether appraisers have viewed the property and if county tax assessment information was used. These details are essential for validation.
8. Finally, provide reasoning in the reconciliation section regarding how your property relates to comparables if market-based valuation was chosen.
9. Complete the form by signing and dating it as an appraiser. Ensure all signatures are clear and legible.

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