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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

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8 Ways to Increase the Value of Your Home

D Fritz Appraisals

While these three factors are out of your control, there are still many things you can do to impress appraisers and list your house for top dollar. Before you go spending thousands of dollars in renovations, however, make sure you follow this advice from the outset. Every home is different. It’s often free!

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Financial institutes or mortgage lenders will require an appraisal to ensure the home is worth the amount of money being requested in the loan or mortgage. Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans.

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How a Home Appraisal From a Lender Can Make or Break a Mortgage for Your First Home or Beyond

Realtor

Below, we walk you through everything you need to know about the crucial appraisal process, and how to handle whatever appraisal results come your way. What appraisers do. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

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How a Home Appraisal From a Lender Can Make or Break a Mortgage for Your First Home or Beyond

Realtor

Below, we walk you through everything you need to know about the crucial appraisal process, and how to handle whatever appraisal results come your way. What appraisers do. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Any easements or encroachments – any part of the property should be accounted for to get the most accurate estimate of the land value. The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase. Remove any outdated décor.

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How to Avoid Hurting Your Home Appraisal: Cleaning, Updating & Fixing

Listing Spark

One of the biggest differences is that the buyer does not get involved in the appraisals. In the case of the refinancing appraisal however, homeowners have the opportunity to participate, so the benefits can be great. What is the home appraisal process like? What to avoid before getting a home appraisal.