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

PennyMac

Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration. Thoroughly inspect safety equipment like smoke alarms, carbon monoxide alarms and home security systems.

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When Should You Downsize Your Home?

Assurance Financial

You’ll also have less furniture, decorations and supplies to buy for the smaller space. While city living tends to be more pricey than living in the suburbs, many save on transportation, utilities and maintenance costs in smaller city quarters. Some buyers may even waive inspections and offer more than the asking price.