What’s Involved in Conveyancing Property, and What DocumentsAre Involved/Required?To be well informed is a great way to save money. More so when it comes to the world of
Five Simple Steps for a Better Home Appraisal!
Dated: June 3 2020
Views: 286
If you’re looking to refinance your home or possibly sell, you’ll need a killer appraisal. A bank will not refinance a home for more than it is worth, and a potential buyer will not pay more than the recognized value of the home.
Here are 5 simple steps for a better home appraisal:
- Tidy your space Make sure your yard looks well-groomed and the interior of your home is clean clutter-free. It is well worth the investment to have the home professionally cleaned and have your yard serviced.
- Invest in the right types of renovations Kitchens and bathrooms are the best types of renovations. They will typically provide an 80% ROI. High-efficiency appliances and upgrades that improve the overall efficiency of the home are well worth the investment.
- Document your upgrades Provide the appraiser with a list and documentation of all upgrades, renovations, and improvements to the home.
- Do your homework Research and provide your own comparable valuations for similar properties in the area. Note your tone. You don’t want to come off as defensive but rather helpful.
- Be available but not in the way Be present to assist with the process but don’t be the appraiser’s shadow. You want to appear helpful, not nervous that he’ll find something wrong!
Appraisals can be helpful in increasing the sale of your home or assisting in refinancing your mortgage. Use these tips and you’ll get a better value for your home.
Sadhana Kumar
I strive to demonstrate the highest level of integrity, commitment, experience, and to bring a little fun into every real estate transaction. I've lived here for most of my life, and I love the Lower ....
Latest Blog Posts
THE DO’S & DON’TS BEFORE BUYING A HOMEDo keep your credit score steady throughout the home buying process.Do avoid inquiries on your
If you’re looking to refinance your home or possibly sell, you’ll need a killer appraisal. A bank will not refinance a home for more than it is worth, and a potential buyer will not pay
Negotiation is a subtle art in real estate, but skilled negotiators can usually find some common ground that satisfies all parties. On the other hand, using the wrong negotiation tactics can sink a
Copyright 2021 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned
