Breaux & Associates
Frequently Asked Questions
Q. How long does it take to have an Appraisal Inspection & Report back?
A. Breaux & Associates APPRAISERS prefer that you request an Appraisal at a minimum of 5 days prior to the date it must be completed. RUSH Orders are available, and can be ordered thru our website, or by email at email@example.com
Q. Why did the person buying my home have an Appraiser that I do not know call me to inspect my home?
A. When a Borrower is obtaining a loan from a financial institution, a Full Appraisal Inspection & Report is ordered. A Certified Appraiser is then going to call the contact person for entry to complete the inspection. If the Buyer and/or Seller are not represented by a Real Estate Agent, the contact person for the appointment is typically the occupant of the home.
Q. Why does an Appraiser have to be provided the Purchase & Sale Agreement to perform the Residential Real Estate Appraisal on all Fannie Mae insured loans?
A. Fannie Mae requires the Lender to give to the Appraiser the Purchase & Sale Agreement to ensure the Appraiser is made aware of all aspects of the transaction. This ensures the Appraiser has the important sales and financing data, terms and if there are any concessions made part of the contract.