Appraisers look at the exterior of your home, and than compare it to the entire neighborhood
Posted on Dec 01, 2009 under Uncategorized |What is the first view person have of your home? Yah, the landscaping of your property. Appraisers look at the exterior of your home, and than compare it to the entire neighborhood. Block communities evaluate your landscaping to determine if it is accordance with the block by-laws. Your city evaluates your landscaping to determine if your yard is contributing to the appeal of the neighborhood, and the city itself. So, what can one do to increase the value of your home; landscaping up-grades
Of the homes sold across the nation, 20 percent are sold by the owners, without a realtor. Surveys show that the primary reason is money; the sellers wish to save the cost of a realtor’s commission, which usually ranges between five and seven percent of the purchase price of the home. Unfortunately, many of these owners end up regretting their decisions, because it costs them that five-to-seven percent or more due to unexpected pitfalls in the sale.
If the appraiser goes outside the normal mileage boundaries of the area to search for comparable properties, there must be a valid and overriding reason given. And this reason must be CLEARLY articulated and stated on the appraisal report. Failure to do this and you risk having the appraisal report kicked back to you from underwriting and requesting additional comparables.
for more info. visit our website at reliableappraisers.com/ we are real estate appraisers, & bank appraisers
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