Owners Be At the Property for the Appraisal

August 4th, 2009 by Amy

When selling your home, it is not required that you be at the home for your buyer’s appraisal. When I sold my last home many years ago before I was an agent, I was there. I made sure the appraiser knew how much I paid for my home, and how much I put into it. I had a large list of all the upgrades and maintenance items that I had done and how much I paid for everything. I also made sure the appraiser knew all the features of the home. I had even prepared some home comparables from the neighborhood (even though I knew the appraiser had access to the data). I even had the house immaculate as if I was showing it to the buyer. I think everything helps.

Here is some additional helpful information:

“Tips for Getting a Good Appraisal

Appraisals can be tricky these days. Here’s some advice from Maureen Sweeney, a Chicago-area owner of an appraisal firm, on getting an accurate and fair appraisal.

* Both the real estate practitioner and the owner should be present for the appraisal and follow the appraiser around. Make sure he doesn’t miss anything important.
* Ask questions to determine if the appraiser has identified the correct neighborhood boundaries and if she’s comparing the home to similar properties.
* Bring a copy of a recent tax bill and a survey of the property, and give them to the appraiser.
* Provide a list of improvements to the home.
* Offer your professional opinion about what makes this property worth more than other properties in the area.”

Quoted from Realtor.org

Posted in Homeowner Tips, Real Estate, Sellers

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