Repairs Needed Before A Home Appraisal
A real estate appraisal is an important part of securing a mortgage and can determine whether or not the home loan process can continue.
A home appraisal is different from an inspection, though. A real estate appraiser looks for things that affect the overall value of the house. An inspector looks deeper to identify things that need to be fixed before you close.
Here are the most common repairs that should be addressed before an appraiser visits your property:
If possible, repairs should be made to your home prior to the home appraisal being done. The repairs not only improve the home’s marketability, depending on the loan type will likely be required and will cost you an additional fee for a re-inspection.
Every year for the past 8 years, the number of real estate appraisers has declined. That’s why, when asked what's needed to become an appraiser, I thought I would share my answer.
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