I do include a hard copy of my report in the file. It is required by my state to have a signed and stamped copy. I have a copy of all the comparables considered during the appraisal, sold, listings and under contract. Sales/listing history of subject and comparables I used. Abstract from the county to support the MLS information, building card, tax history and plat map. A copy of the request, notes, drawings, invoice, copy of check and interior photos.
The files have been getting thicker over the years and that is the reason for my poll. I can't wait til a 3 year history is required! I know many appraisers still don't check the 1 year history and few look at active and expired listings for the neighborhood in my area.
Many of the reviews I do have the canned statement of "no sale in last year". It may have been listed and expired 3 times, but it didn't sale. The same home is for sale down the street for $10,000 under the appraised value of the subject and has been on the market for 18 months and the appraiser wants to know what active and expired listings have to do with appraising the subject. Makes ya wonder sometimes.
I guess I'm like Mike G. and can't do more than 1 in an 8 hour day. When I see an appraiser doing 10 or 20 appraisals a week I want to know how big their work file is and what they are considering in the assignment.
Chris
