Appraisal Process

Please follow the steps below to begin the appraisal process:

• Submit a request in writing by fax, email or mail – “Letter of Engagement”
  - The request should include the lender information, borrower information,
  information of property to be appraised, contact information for the owner
  of the property if different than borrower and a signature from the person
  requesting the work.
• Merit will search for the tax records of the property in question and put the request
  “In Progress” status
  - We will assign an appraiser in the Merit office to your case based on the type of
  appraisal needed
  - Orders are placed on a first come-first serve basis unless there is deadline
  approaching for closing
  - Please notify us if there is a deadline for the completion of the appraisal
• The Merit appraiser will make an appointment to inspect the property to take all
  necessary measurements and photos of the property
  - Once the appraiser has completed the inspection, Corporations/Businesses will be
  invoiced
  - Invoices will be sent with the report by mail or email. Many times both
• The Merit appraiser compiles the Appraisal Report
  - At this point, once the appraisal is complete, the individual can pick up the appraisal
  from the Merit office or we can mail it in.

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• Appraisal Process
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