Of course it doesn’t hurt to tidy up a b…. (seattle post intelligencer)
February 7th, 2010
Of course it doesn’t hurt to tidy up a bit, but it’s not really a factor in determining the appraised value of your home.
Everyone’s biggest concern is the risk of a low appraisal.
If the appraisal amount is less than the mortgage amount, the lender might decide that the property is being sold at too high of a price for the worth of the property and not allow the buyer to acquire the loan.
When having a home appraised you should have an appraiser that is an objective third party.
There is the cost method, this is generally used for new properties when the costs of building is known.
Your appraisal amount can make or break your sales agreement and mortgage.
