Remove Buyers Remove Decorating Remove Market Value Remove Renovations
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Features That Can Make Or Break The Value Of Your Home

Lamacchia Realty

How this can Decrease Value : Swimming pools can take up most of the yard space and can be expensive to maintain. A property’s value can be negatively affected if the pool is in need of a lot of repairs. For those kinds of buyers, this does add value to the property.

Law 67
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How to Market A Luxury Home the Right Way

McKissock

Firstly, they appeal to a very extensive network of potential affluent buyers as well as marketing strategies that can connect locally, nationally, and even globally. A little bit of friendly competition encourages bidders to commit to properties they love, which increases the chances of your home selling at market value or above.

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

PennyMac

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

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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. If the yard is full of toys, tools, or other items, it will be difficult for potential buyers to get a good idea of what the property could look like. Another thing that can hurt your appraised value is bad paint job. Update your decor.

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How to Contest a Bad Appraisal

AmeriMac

However, the buyer or anyone paying for the appraisal can request a copy of it. Highlight new and upgraded features, especially those adding value to your house. Renovating your kitchen, bathroom, or bedrooms. Updating your house’s decor. Moreover, the seller and buyer may split the cost between themselves.

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Fluffing, decreases home values

Town & Country Residential Appraisals

Most home buyers have encountered a “lying listing” — the house for sale that doesn’t even remotely resemble its colorful description in the Multiple Listing Service or classified ad. The average home buyer who sees HGTV a couple times before they go looking is not sensitive to that,” he says. Retro decor: It’s ’60s flashback time.

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Inheriting A House? Here Are Your Options

Quicken Loans

If the house is being passed to heirs, they will have to pay taxes on the fair market value of the property out of the funds and assets in the estate. Consult a tax adviser to go over your options for determining fair market value. Any decorative or nonessential improvements are at your discretion.