Property appraisal tips are a necessary part of selling a house. It’s a big factor in how the transaction will proceed. And, it differs from the home inspection in many ways. Basically, this is a valuation done by a third-party on behalf of the buyer’s lender. The mortgage financing company simply wants to know if the house is worth the agreed sale price between the buyer and seller. Which means, as a seller, you need to know how to do home appraisal preparation.
How Junk Removal Helps Home Appraisals
The main thing to keep in mind about the appraisal is it will mostly focus on your property. Even though the appraiser will assess the condition and market value of the homes on the block, your property is the key. The more presentable it looks, the better for your prospects of the valuation supporting the agreed sales price.
One common thread that runs through homeowners is that they typically think their home is the nicest in the development, according to Loreen Stuhr, veteran appraiser with Appraisers of Las Vegas. Stuhr goes on to say that the single most difficult challenge she faces in her business is trying to convince a homeowner otherwise. Whether or not you own the nicest home on the block, when it comes time to refinance or sell it, getting a high house appraisal is crucial. --Real Estate.com
Think about it this way — if you don’t prep the house, you’re missing a golden opportunity. It’s a chance to form a good impression from the moment the appraiser arrives. If you don’t take advantage, the appraiser will definitely notice the lack of effort.
Best Property Appraisal Tips Gulfport Home Sellers can Use
Since the appraisal plays such a huge role in the deal, you as the seller need to make the best impression possible on the appraiser. Here are some helpful suggestions for how to do home appraisal preparation to boost the value:
- Beef-up the curb appeal. Mow the yard, trim hedges, shrubs, and trees, and be sure to cleanup all the yard waste. Then, spread some mulch around trees, around the mailbox, and in the planter. Add a few colorful flowering plants and this will spruce up the curb appeal to make a great first impression.
- Repair anything that’s broken. Whatever might need repair needs attention. Fix everything that needs it because this will count toward the value of the property. And, you don’t want to give the buyer any objections.
- Create a finished home improvement list. You’ll leave this out for the appraiser. It should include an improvements, along with new appliances, and other makeovers and upgrades.
- Prepare a list of recently sold comparables. The home appraiser should do this and have a solid list of recently sold comparables. Unfortunately, this isn’t always the case and it can present a real problem. Prepare a list of recently sold homes that are as similar to yours as possible to give to the appraiser.
If you need help getting your home ready for an appraisal, go ahead and phone 800-433-1094 or visit AAA Rousse Services.