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Home Appraisal Form

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HOME APPRAISAL FORM

Client Name:   Client Contact:

Appraiser Name:   Firm:

Appraiser License/Cert. No.:   Contact Phone:

Property Identification

County:   Parcel / APN:   Zoning:

Inspection & Dates

Date of Inspection:   Effective Date of Value:   Year Built:

Site & Improvement Data

Lot Size:   Gross Living Area (sq ft):

Bedrooms:   Full Baths:   Half Baths:   Units:

Condition Rating:   Occupancy Status: Owner-Occupied Tenant-Occupied Vacant

Site and Environmental Disclosures

Flood Zone: Yes No   Known Hazardous Conditions: Yes No

Comparable Sales (Sales Comparison Approach)

Comparable 1

Sale Date:   Sale Price:   Distance (mi):

Comparable 2

Sale Date:   Sale Price:   Distance (mi):

Comparable 3

Sale Date:   Sale Price:   Distance (mi):

Valuation & Analysis

Intended Use of Appraisal:   Intended User:

Valuation Approaches Used: Sales Comparison Cost Approach Income Approach

Limiting Conditions, Certification & Legal Notices

The undersigned appraiser certifies to the best of the appraiser's knowledge and belief that: the statements of fact contained in this report are true and correct; the reported analyses, opinions and conclusions are limited only by the reported assumptions and limiting conditions and are the appraiser's personal, unbiased professional analyses, opinions and conclusions; the appraiser has no present or contemplated interest in the property appraised and no personal interest with respect to the parties involved; the appraiser's compensation is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client or any other party; the appraiser has performed no services, as an appraiser or in any other capacity, regarding the property within the three-year period immediately preceding the date of this report.

Limiting Conditions: This appraisal is subject to the assumptions and limiting conditions stated herein, including but not limited to the absence of hidden or unapparent conditions of the property or title that would affect the value. The appraiser is not an expert in environmental or geological hazards; unless expressly stated, no investigation has been made for the presence of hazardous substances, toxic materials, flammable explosives or underground storage tanks.

Fees & Terms

Appraisal Fee:   Payment Terms:

Governing Law: This appraisal report and any dispute arising under or related to it shall be governed by the laws of the jurisdiction in which the property is located, without regard to principles of conflicts of law. This report constitutes the entire agreement between the appraiser and the client with respect to the services provided.

Appraiser Name:

By:

Date:

Client Name:

By:

Date:

Enter text✕

What the Home Appraisal Form Is and when it matters

A Home Appraisal Form is a standardized report used by licensed appraisers to record property characteristics, market data, valuation methods, and a concluded market value for a residential property. Lenders, underwriters, and borrowers rely on the appraisal to support mortgage underwriting, refinance decisions, and claims about fair market value. The form documents the inspection, defined comparables, adjustments, and appraisal approach (sales comparison, cost, or income). Although formats vary by appraisal management company and lender, the form serves as the formal, auditable record of a professional valuation.

Why completing the Home Appraisal Form correctly matters

Accurate completion preserves valuation integrity, reduces underwriting delays, and limits legal exposure from appraisal disputes or allegations of misrepresentation. A clear, complete form supports faster lender decisions and creates an auditable trail for compliance and dispute resolution.

Why completing the Home Appraisal Form correctly matters

Typical users and roles that complete or rely on the form

The Home Appraisal Form is prepared by licensed appraisers and used by multiple stakeholders across the transaction lifecycle.

  • Licensed Appraisers — Prepare the inspection details, comparable analysis, and final value conclusions for lender submission.
  • Lenders & Underwriters — Review the form to set loan-to-value ratios and underwriting conditions before funding loans.
  • Buyers and Sellers — Use the report as an independent estimate of market value during offers, negotiations, or refinancing.

Proper completion benefits all parties by creating a defensible valuation record, minimizing rework and compliance questions.

Essential components of a professional Home Appraisal Form

A comprehensive appraisal form balances factual property data, market evidence, and a transparent methodology so readers can reproduce the valuation reasoning.

Property ID

Street address, legal description, parcel or assessor number and parcel boundaries with concise site notes to uniquely identify the subject property.

Inspection Details

Date and scope of inspection, identity of occupants, interior/exterior observations, condition ratings, and any access limitations or deferred maintenance observed.

Photographs

Exterior and interior photos keyed to the report, showing condition, significant features, damage, and the neighborhood context used in the valuation.

Market Data

Sales comparables, pending sales, listings, and adjustments with dates, distances, and rationale for adjustments to support the sales-comparison approach.

Valuation Methods

Applied approaches (sales-comparison, cost, income) with calculations, reconciled value conclusion, and explanation for the selected final value.

Certification & Signature

Appraiser certification of inspection and compliance, license number, signature block, and date to establish professional responsibility and chain of custody.

Required data elements typically found on the form

Appraiser Name: Full licensed name
License Number: State license ID
Effective Date: Appraisal date
Property Address: Complete street address
Comparable Sales: Key comps listed
Final Value: Concluded market value

Step-by-step: completing the Home Appraisal Form

Follow a logical order to avoid omissions: identify, inspect, document, analyze, conclude, and certify.

  • 01
    Identify subject: Confirm address and parcel identifiers before inspection.
  • 02
    Perform inspection: Document condition, features, and measurements on-site.
  • 03
    Compile market data: Select comparables and calculate adjustments.
  • 04
    Finalize and certify: Reconcile approaches, conclude value, then sign.

Configuring an online appraisal workflow

Set up fields and routing so the appraisal is complete, authenticated, and delivered to the right recipients automatically.

Field Configuration
Inspection Date Field Required; MM/DD/YYYY format
Photo Upload Image fields accept JPG/PNG; max 10MB
Comparables Table Repeatable rows for sale date and price
Signature Block E-sign enabled; include license text

Technical considerations for digital completion and submission

Choose a platform that supports PDF, DOCX imports, field-level controls, and secure delivery to lenders and appraisal management companies.

  • File formats: PDF and DOCX supported
  • Integrations: Connectors for lenders and AMCs
  • Security: TLS and AES-256 encryption

Ensure the platform provides an audit trail, access controls, optional multi-factor signer authentication, and exportable signed PDFs to meet lender and compliance expectations.

Notarization, witness, and authentication checklist

Authentication requirements vary by use case and recipient. Below are typical steps when notarization or witnessing is required for appraisal-related affidavits or certification pages.

01

Prepare affidavit page

Add separate page for notarized declarations when required.

02

Select notarization method

Choose in-person or RON depending on state and lender.

03

Identity verification

Notary verifies signer via ID and credential analysis.

04

Audio-video recording

RON requires recorded session retention in many states.

05

Witness requirement

Provide witness signature lines when state or lender requires.

06

Notary journal entry

Notary records session details per state rules.

07

Attach certificate

Include notary acknowledgment or jurat with report.

08

Deliver signed copy

Send executed PDF to lender and retain originals.

Consequences and legal risks of incorrect appraisal reports

Loan denial: Lender may reduce or deny funding
Repurchase demands: Lender may require repurchase by originator
Civil liability: Appraiser faces malpractice claims
Regulatory fines: State regulators may sanction licensees
Fraud exposure: Criminal charges in intentional misstatements
Data breaches: Improper handling risks privacy violations

Common mistakes to avoid when preparing the form

  • Incomplete property identification or wrong parcel numbers lead to mismatched records and lender requests for corrected reports, causing funding delays.
  • Poorly documented adjustments to comparables without clear rationale create challenges during underwriting and make the valuation harder to defend.
  • Missing or low-quality photographs reduce transparency of condition and may trigger lender reinspection or rejection of the appraisal.
  • Incorrect appraiser identification or license errors slow verification and often require a corrected or reissued report to meet lender requirements.

Where to send and how to deliver the completed appraisal

Deliver the executed appraisal according to recipient requirements; maintain copies for audit and compliance.

  • Lender Submission: Upload to the lender or loan origination system per their portal instructions.
  • Appraisal Management Company: Submit via AMC platform if assigned through an appraisal order.
  • Borrower Copy: Provide a courtesy copy to the borrower when required by lender policy.
  • Internal Records: Store a signed PDF and preserve the audit trail for retention requirements.

eSignature vendor comparison for appraisal workflows

Platform choice affects cost, compliance, and workflow features; the table below compares typical entry-level capabilities relevant to appraisal teams.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial Yes, 7-day trial No No Yes, limited Yes, limited
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
Envelope Cap No cap 100 envelopes/user/year Varies Varies Varies

Frequently asked questions about the Home Appraisal Form

Answers to common execution, submission, and legal questions encountered when preparing appraisal reports.


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