How do Baton Rouge Appraisers judge percent of home construction completion percentage?

Ever wondered what Appraisers use to report to Banks what percentage of construction has been completed for a draw inspection? Download is below PDF: PROGRESS REPORT OF BUILDING UNDER CONSTRUCTION Percentage Checklist Home Appraisers use for draw inspections. I’m adding this here after a question this morning: How do I know when an under construction has reached 90% completion? Attached form is based on points per item completed with the goal to reach 100 at bottom. During “draw inspections”, Banks or Lenders have Appraisers go out to make 3 to 5 inspections and report back the percentage of build progress. Continue reading How do Baton Rouge Appraisers judge percent of home construction completion percentage?

What is a final inspection for Baton Rouge Home Appraisals?

In Greater Baton Rouge Home Appraisals, What Is A Final Inspection? When a home is appraised before it’s 100 percent finished, generally a lender orders a “final inspection” prior to closing. A final inspection is a verification inspection to determine IF the home was built according to plans and specifications, if it’s move in ready and if all mechanical systems are operational. Video by veteran Home Appraiser Bill Cobb and Accurate Valuations Group 225-293-1500 On YouTube: https://www.youtube.com/user/batonrougeappraiser On Twitter: https://twitter.com/brappraiser On Google Plus: https://plus.google.com/+AccurateValuationsGroupBatonRouge/posts On Facebook: https://www.facebook.com/askbatonrougehomeappraiser