How to Get a High Home Appraisal
The one thing that both sellers and buyers want is a successful and smooth transaction. Thanks to the real estate agent, this is possible but one thing always stands in the seller’s way: the home appraisal value. If the house is not appraised at the right value, the seller could be looking at a huge loss, no matter how recent or big the renovations.
This is why it is recommended that before making any major renovations on your home for sale in Novi, Michigan, consult a real estate agent and get to know about the current housing trends. If the house is not appraised as you expected, then the deal can spiral out of your control.
The appraiser looks at many aspects of the house before determining its value. However, if you are concerned that the appraiser might miss something and accidentally appraise the house at a low value, then we have some advice for you.
Following are three secret keys that will help you get a high home appraisal:
1. Do Your Homework – Information is King
It takes an appraiser around thirty minutes to check out the house and come to a conclusion. Since they have inspected so many homes, they can easily spot a repair at first glance. However, it is possible that they miss something. Same goes for the information about the comps. Since, you have been into your neighbors’ houses, you know more about how they are similar to your house. So, create a file that has all the documents of the house, the receipts of the repairs and renovations you got done and any DIY projects you did. Hand the file to the appraiser when he arrives, so that he knows every little detail about your home for sale in Novi, Michigan.
2. Repair is the Name of the Game
You see it’s broken then get it fixed immediately… no matter how small or big the repair is. Maintenance, also known as the “effective age” of the house, plays a huge role in the home appraisal. Little details such as a crack in the corner of the window, chipped tile in the bathroom, a crack in the foundation of the fire place, etc, all these can lower the value of the house by small amounts, which can quickly accumulate to a huge number. So, go over the house with a fine tooth comb and get all the repairs fixed before the appraiser arrives.
3. Clean, Clean and Clean
While a clean house doesn’t affect the value of the house but it sure can put the appraiser in a bad mood. However, things like soiled carpeting, overgrown lawn grass and marks on the wall can definitely affect the house value. So, better get to cleaning.
These three secret keys will not just help you in getting a high appraisal on your home for sale in Novi, Michigan but also a speedy sale. So, make sure that you are prepared when the appraiser arrives and don’t forget to hand him that file. Looking for a real estate agent to help with your house sale? Visit Homes2MoveYou or please feel free to call me @248-790-5594