Real Estate Appraisal & Appraisers

The settlement punchlist is a very important document.  The punchlist is a list of deficiencies that the builder or real estate developer is obligated to fix after you have gone to settlement on the new home.  It is very important to thoroughly inspect the new property and create this list BEFORE going to settlement.    As issues come up after you have gone to settlement, the real estate developer or builder will reference the settlement punchlist to see if the item that you would like to have fixed is on there or not.

If you notice a deficiency after you have gone to settlement, unless the item is clearly stated on the punchlist, the developer will general claim that they are not responsible and in most cases will insist that you caused the defeciency.

A huge benefit of having a real estate appraiser inspect your new home prior to settlement, is that they know what to look for and can point out what items should go on your punchlist that you normally would miss.