If you are looking for samples of Acknowledgement of Receipt of Appraisal, then you have come to the right place. We have compiled a list of 10 examples of appraisal acknowledgement letter samples that we hope will be useful to you.
Appraisal acknowledgement letters can be quite tricky, especially when the appraiser’s assessment isn’t completely positive. If the appraisal is a bad one, the appraiser may use the acknowledgement letter as a chance to express his or her dissatisfaction with the appraisal.
In some cases, appraisers can provide the appraised item for a free estimate on the condition that they receive an acknowledgement letter. If this is the case, make sure that you are clear about the appraiser’s conditions before sending out the appraisal.
A great appraisal acknowledgement letter should be personalized, concise, and written using an easy, conversational tone. Here are 10 samples of appraisal letters we have written in the past.
What is Acknowledgement of Receipt of Appraisal?
An appraisal acknowledgement letter is a formal written document that serves as a receipt of an appraisal. It is a legal document that can be used as evidence of the fact that the appraiser has completed the appraisal and that the appraisal report is valid.
The appraisal acknowledgement letter also serves as the receipt of the appraisal report. The appraisal acknowledgement letter is required to be sent by the seller to the buyer at the time of sale. An appraisal acknowledgement letter is a form that is filled out by the appraiser and signed by him or her.
10 Examples of Appraisal Acknolwedgement Letter Samples
Appraisal Acknowledgement Sample 1
Source: https://www.mortgagesanalyzed.com/gyan/docs/ack-receipt-appraisal/ma-docs-acknowledgement-of-receipt-of-appraisal-sample-1000280.pdf
Appraisal Acknowledgement Example 2
Source: https://loanstreamwholesale.com/wp-content/uploads/2016/10/Appraisal-Ack-Form.pdf
ACKNOWLEDGMENT OF RECEIPT OF APPRAISAL REPORT Borrower: Date: Loan Number: Property Address: Lender: LoanStream, DBA OCMBC Inc. In accordance with the Federal Housing Finance Agency’s Home Valuation Code of Conduct, I/we understand that I/we are to receive a copy of the appraisal report for the above mentioned property promptly upon completion, and in any event, no less than three (3) business days prior to the closing of the loan. I/we further understand that I/we may waive this three (3) business day requirement. Initial the applicable statement: I/we acknowledge the appraisal report was received no less than three (3) business days prior to the closing of the loan. I/we acknowledge the appraisal report was not received no less than three (3) business days prior to the closing of the loan. I/We acknowledge receipt of the appraisal report on the above subject property. _________________ Date
Sample of Appraisal Acknowledgement 3
APPRAISAL ACKNOWLEDGEMENT Borrower: _______________________ Co-Borrower: _______________________ Address: _______________________ City, State, ZIP code: _______________________ Property code: _______________________ Full Property address: _______________________ is enclosed appraisal report on the Property No: [Property code], located on the following address: [Full property address], which we received by: [Company name], on MM/DD/YYYY. Please note that closing will not take place until a signed copy of this form is retrned to [Company Name]. In a case your closin is scheduled within five () business days from the date of the appraisal report was received by you, you will be required to reschedule your closing OR you have the option to waive this requirement. You are kindly asked to check the satement and acknowledge the receipt of the appraisal by placing your signature below. Returne two copies as soon as you manage to facilitate closing of your mortgage loan. I/We acknowledge that I/We were provided a copy of appraisal report prior to five (5) business days of closing. To expedite the closing of our loan, I/We waive our right to receive a copy of our appraisal prior to five (5) business days of closing. __________________________________________________________ / / Name Surname (Names Surnames) Date