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October
12

The appraisal is an important step in selling your home. Here's how you can prep for it.

While a home appraisal is a normal part of the closing process, it's common for sellers to be a bit nervous about the outcome. The purpose of an appraisal is to gain an independent third-party valuation of your property. Naturally, sellers want the appraised value to come back as high as possible. If the appraisal comes in lower than the offer price, then you may need to return to the negotiating table to determine who is going to cover the difference, which could ultimately eat into your return.

While a good portion of your appraisal will be based on recent sales of nearby homes, some of the assessment is subjective. Therefore, doing everything you can to make a good impression can impact the outcome. Our real estate agents suggest these tips for preparing for your home appraisal.

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