Is it really important to get an appraisal before selling your home? It absolutely is, and I have a few reasons why.
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Should you get an appraisal when selling your house? If so, when? Will it help?
Yes, sellers should get an appraisal. When? As soon as you begin thinking about selling. As to whether or not it will help, it absolutely will.
If you’re thinking of selling and you have an appraisal, then you have a basis or a range where the certified professional feels the home is valued. From there, you can determine where to price it.
You’ll know how much you’re going to net and what you can afford to spend on the other end.
If you’re considering pricing the home at or below the appraised value, you certainly have a feather in your cap now. Buyers will look at your home and they will immediately see value. They'll feel more justified in making you an offer and more likely to make a higher one. Your home will stand out amongst other homes which have a question mark for a price, where yours has a certified appraisal. Agents will be more interested and likely to show and sell your home.
With an appraisal in hand, there is no question as to whether or not the property will be qualified for mortgage financing. An agent will know that they’ll have a smooth transaction without any appraisal glitches.
And for you, the seller? Peace of mind. You know the right price to ask for on your property. Equally as important, you’ll know how much you’ll net and what you can afford to spend on the other end.
If you’re thinking of selling, I’d be happy to share with you the names and numbers of local, certified, professional appraisers. We’re here to help.
