Ideas to Help Improve the Appraisal of your Home

An appraisal value refers to the assessed value of real property based on the opinion of a qualified appraiser or valuer. It is usually used as a pre-qualification for and issuance of mortgage loans by a financial institution. Appraisals are very detailed reports that cover a lot of information about your home. Some items included in the report are details about the subject property and side-by-side comparisons of three similar properties, an evaluation of the overall real estate market in the area, statements about issues the appraiser feels are harmful to the property’s value, notations about seriously flawed characteristics, an estimate of the average sales time for the property, and the type of area the home is located. While there are some items that you cannot change on your own, the comparisons or the evaluation of the real estate in the area, there are items that you can be aware of to boost the appraisal of your home. The following article from CNN Money discusses five of the items that can help you get the most out of your next appraisal. If you have any additional questions, contact us at kevin@foryoureverymove.com or post on our Facebook page or twitter!

What Your Home is Really Worth

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