5 Things Your Asheville Home Appraiser Wishes You Knew
So you thought you were in the homestretch because you accepted a great bid on your home? Think again! The closing process has only just begun-and for most sellers, the appraisal can be one of the scariest parts.
For starters, lenders often require the use of their own, FHA-approved appraiser. That means you get zero say in who’s determining the financial value of the home you’ve lived in, loved, and sunk your savings into.
Here are some things sellers can do-straight from the appraisers’ mouths-to navigate the process.
Keep in mind that appraisers aren’t magicians.
The appraiser won’t know what your home is worth the second he walks in the door.
“People think we know the value of the property as soon as we see it,” says Michael Coyle, the founder of The Coyle Group in Lafayette Hill, PA.
That’s simply not the case. A good understanding of the appraisal process will go a long way toward comprehending how your home’s value is determined.
Prioritize the projects that will bring the most value:
Fix it to sell.
Structural is just as important as cosmetic.
Give the buyers what they want — create the “wow” factor.
The process of getting a property ready to put on the market can seem daunting enough. There’s clearing the clutter, endless amounts of cleaning, organizing and scrutinizing your property with a fine-tooth comb. What needs attention and what can you leave alone? Welcome to the new world of “fixing to sell.” Gone are the days of throwing it on the market and seeing what happens. Prepping for sale is a highly choreographed dance of repair along with a bit of renovation and presentation. For more click here…
All this and more in the Asheville Realty Group August Newsletter Click Here for more…
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