Appraisal scheduled. Do I need to provide anything?
We are in the process of refinancing our mortgage and the credit union we are going through has scheduled a full appraisal for next week. Over the past 4 years we have put a lot of money into our home, at least $100K. This included a total new kitchen, master bath, half bath, hardwood floors, furnace, roof, some windows, plus lots of landscaping.
I want the appraisal to come out as high as possible as we are taking funds out. Should I provide the appraiser with a list of what has been done, the dates, and how much we paid?
Even with the market coming back slightly, I'm nervous about what the appraisal will come in at. I'm sure the reality is not like the shows on HGTV where they spend $50K on renovations and their equity increases 150%. I could only wish!