A little clarity.
Before the appraisal.

What do you need to give me a written quote?

Send the complete property address, the type of home, why you need the appraisal and who will use the report. Include the date the value should reflect, your deadline and who can arrange access. Tell us about any alterations or limits on access, too.

Ask for the scope of work, fee and delivery estimate in writing before deciding. If you’re unsure which date or report you need, share any instructions from your attorney, tax adviser or lender.

I’m settling an estate. Can you value the home as of an earlier date?

Yes. The report can address a past date, which may differ from the date the appraiser visits. Have your attorney or tax adviser confirm the date needed. Old photographs, listings and repair invoices can help show the home’s condition then.

A hypothetical example: you inherit a Toms River beach-area bungalow and repairs are made before the appraisal visit. A past-date appraisal considers the home’s condition and comparable sales from the relevant period; it does not simply use today’s condition or the rebuilt house next door.

See estate appraisals or probate appraisals. For a separation or buyout, see divorce appraisals.

Is my agent’s CMA the same as an appraisal?

A comparative market analysis (CMA) helps an agent discuss a listing price. An appraisal is a separate, researched opinion of value explained in a written report. Before ordering, tell us who needs the report and what decision it will support.

What happens at the property?

The appraiser records the layout, takes photographs and notes the home’s condition and features. Clear access to rooms, furnaces and water heaters helps, as does access to outside walls for measurements.

Do I need to find every document first?

Start with what you have. Depending on the assignment, useful papers include:

• A survey or plot map, and title documents describing easements or encroachments.
• Existing inspection reports, including well, septic or termite reports.
• A current listing and purchase agreement, if the home is for sale.
• A recent property tax bill with the legal description.

Ask which items matter for your home before spending time tracking down missing papers.

Does the appraisal replace a home inspection?

No. The appraisal addresses value. A home inspection examines the accessible structure and systems, such as the roof, plumbing, heating and electrical systems. The appraisal visit does not replace that inspection.

What should I look for in the report?

Check the property details, the date the value reflects, who the report is for and how it may be used. The report also explains the scope of work, relevant property interests, known restrictions or easements, and the analysis behind the conclusion. Ask about anything unclear, and point out factual errors.

I paid for my lender’s appraisal. Can I use it for an estate or another purpose?

Check before relying on it. A lender-ordered appraisal has a different purpose from one you commission for an estate or family decision. Ask who the client and intended users are, which date it addresses and what use the assignment covers.