Most house sellers relax after accepting an offer thinking the deal is done and complete, but in reality, sales are still in danger of cancellation till the escrow closes. Wishy-washy buyers, their lenders, inspectors, families and so on can affect the sale at any point. A smart seller must always play offensively – thinking ahead to ensure the deal goes smoothly at all points. Sellers paid little attention to appraisals or appraisers in the past. It was a lenders’ feature and if the selling price and appraised value of any house had no discrepancy, then all were happy until recently.
Get the appraiser onto your team;
The market has developed some challenges and, in several cases, calculating house values is giving some appraisers a tough time. In several areas, after house styling for sale, a house remains unsold for months and its comps (sales info of newly sold houses, closest to the type and size of yours) appraisers use in determining value, are truly few and very far between.
The hazard is that your sale will surely be jeopardised since the lender will likely not fund the loan if, the appraisal fails to reach your own sales price. But there is still hope. There are certain things you can do to help in maximising your house’s value when it’s been appraised.
What to do;
Style and stage the house most effectively. You should execute all home staging features that make your house look its best. Additionally, make the appraiser work the least possible to see your property. Stage and clean as done for buyers using property styling for sale steps and give details of all renovations and upgrades. Thisgreatly helps the appraiser understand and easily determine your house’s true value. No sale is ever perfect but these tips will help greatly.