Preparing For The Appraiser

By
Real Estate Agent with RE/MAX Andrew Realty Serfvices

How to prepare for a real estate appraisalHow do you get ready to have an appraiser come look at your home? Prepare just like you would for a showing. The bank appraiser’s job is to justify the sales price to the bank, so you’ll want your house to look its best. Don’t be worried if you have some boxes around. By the time the bank appraiser comes, many people have started packing. Just stack the boxes neatly.

Appraisers will normally take photos of the exterior of the house, the neighborhood, the kitchen, all bathrooms and the living room. Depending on the bank’s requirements they might take more interior photos.

I bring comparable sales to go over with the appraiser along with a copy of the signed Purchase and Sale Agreement. Banks are going over appraisals very carefully lately so it’s important that we have good comparable houses that have recently sold near your property to support the sales price.

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Trisha Bush-LeFore 07/05/2011 07:24 AM
Topic:
Home Selling
Groups:
ERA
Tags:
selling a house

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Rainer
284,179
Christine Hooks
Pino Agency - Pennsville, NJ
Celebrating 25 Years in Real Estate!

Hi, Deb.  I think you have chosen a really good topic for a post.  I hadn't given it much thought, but it is really important now-a-days for our Sellers to put their best foot forward for this inspection.

Jul 09, 2011 03:42 PM #1
Rainmaker
165,790
Jill McTague
RE/MAX Andrew Realty Serfvices - Medford, MA
DebOnTheWeb & Associates - Medford, MA Real Estate

Thanks Chris - there are so many steps where a real estate transaction can fall apart in today's market.

Jul 10, 2011 01:24 AM #2
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Rainmaker
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Jill McTague

DebOnTheWeb & Associates - Medford, MA Real Estate
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