It doesn’t matter if you are trying to sell your home or trying to get refinanced in Lemon Grove or anywhere in San Diego, Greater Home Loans recommends that you get an appraisal. An appraisal is ONE more tool in your arsenal. The Realtor will say one thing, online engines give you another value and your lender may even give you their opinion; so why not have a value professional add to your list.
The cost for the normal home in San Diego runs between $350 and $450 but the peace of mind is worth so much more. NOTE: Getting your own appraisal is just an additional tool in your education of value, it does not mean you won’t get another value with another appraisal or purchase offer.
So here are some things you can do to boost your chances. You don’t want to own something worth $500,000.00 that looks like it’s worth $450,000.00.
Clean the House.
Many homeowners skip this step, but if a house is clean, it’s much easier to see the features that will ultimately lead to a higher appraisal price. Take some time to vacuum, dust, and organize your home. Keep it clean on a daily basis as you never know who will want to pop by unexpectedly.
While you’re cleaning your home, make sure you’re putting away as much clutter as possible. If an appraiser is going through the home, he or she might be overwhelmed by the clutter and unable to make a fair and accurate assessment. You want to present the home in the best state possible, so that ultimately starts with reducing clutter.
If you are selling your home, then box and store your clutter. You’ll have to box it anyway so get started. Remember to move all your personal life out so someone buying your home can envision all their personal stuff in. It is more difficult to imagine your shoes fitting in a closet that is jam packed than one that is half empty.
Make Home Improvements.
You can easily increase the value of your home by making strategic home improvements. Paint is the most cost effective for ALL rooms. Kitchen first when spending money, for example, upgrade your current countertops to granite or upgrade your current appliances to stainless steel appliances. Also, if your home is painted with any strong colors, take some time to repaint them with neutral colors.
Boost Your Curb Appeal.
First impressions count, and this especially holds true in the case of having your home appraised. Prior to having your home appraised, make sure the lawn is mowed, the bushes have been trimmed, and fresh mulch has been dispersed. If you have wanted to paint your door or outside of the home a new color, now is the time to do so. You want your appraiser to have a positive impression of the home from the first time he or she steps foot through the door.
Plant a seed.
If you can, Greater Home Loans recommends you give the appraiser all of the pertinent information about your home. This is your opportunity to plant the seed of value to your appraiser; you can include information about the year in which the home was built, any notable features or facts about the home, the square footage, whether or not any renovations have been made, and what comparable homes in the area are being valued at.
If you do this, your appraiser will have an easier time remembering everything that’s great about your home and will hopefully be able to assign a higher value to you. Please contact Greater Home Loans with any of you financing questions.