Property Appraisal

Service Description

An appraisal in real estate is an estimation of the value of your property by a real estate agent. When your agent is undertaking an appraisal, they'll look at how much the property you're looking to sell will likely achieve in the current market. WHAT HOME SELLERS NEEED TO KNOW As a seller, a low appraisal, if accurate, means you may have to lower your home’s price to get it sold. Holding out for an all-cash buyer who doesn't require an appraisal as a condition of completing the transaction is unlikely to net you a higher sales price. No one wants to overpay for a home. Unfortunately, if your surrounding area has experienced recent distressed sales, that can lower your home's appraisal value. If you feel that your home’s value has been dragged down by the sale price of nearby foreclosures and short sales, you may be able to convince the appraiser that your home is worth more if it’s in significantly better condition than those properties.

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