How To Improve The Appraisal Value Of Your Home
Having a home properly appraised and preparing a home for appraisal in the right way can have a substantial impact on the ability to sell that home. For example, a low appraisal will typically signal a bank to avoid lending money on a property. When a property appears to be overvalued the bank will typically conclude that there is excessive risk present. Here are a few smart and sensible tips on how to improve the appraisal value of your home if you plan to sell real estate in Anacortes. First Impressions Perhaps one of the easiest ways to launch-off on the right foot with any home appraisal is to give it good curb appeal. First impressions are lasting with people but can also be costly when it comes to having a home appraised. It is a proven fact that an appraisal can experience a reduction in value of thousands of dollars simply because a home has an unkempt or messy yard. Prior to having a home appraised consider having a landscaper clean the yard, trim the bushes and perhaps even plant a few new small trees. Modern Looking Kitchen In many instances the little items can go a long way in improving the appraisal value of a home. In terms of the interior of a house that is to be appraised it is often possible to improve the image of a room simply by adding a new feature. For example, installing an attractive and modern faucet in the kitchen can be just enough to create the image of a more up-to-date looking kitchen space. Spending thousands of dollars on new granite countertops may not be necessary in this case. Consider small and affordable improvements as a way to enhance the overall image of your home. Free Of Clutter As with the outside of a home it is equally important to ensure that the inside of a home is clean, organized and clutter-free. In fact, some experts estimate that the appraisal value of a home could go up by as much as 10% simply because the interior of the home is clean, organized and totally free of clutter. Paying attention to detail when it comes to preparing a home for appraisal can even include replacing an old outdated TV with a newer flat screen television. Highest Possible Value While replacing the carpeting in an entire house can be prohibitively expensive, simply cleaning any stains or spots can often suffice. It should also be noted that placing carpeting pieces on top of other carpeting could create the image that there are hidden stains. Avoid this practice as a way to ensure that the appraisal comes in at the highest possible value. Another important consideration is that of removing any excess furniture. Creating an open space that is more appealing can be as easy as removing excess furniture when possible. In many cases an appraisal can be affected simply by perception. Contact RealEstateinAnacortes.com today to work with Anacortes realtor with years of experience. Nicole Haun is always here to help. Hash Tag #RealEstateInAnacortes Follow Nicole on Twitter @HomesAnacortes
Home Inspection Tips For Savvy Home Buyers
Making an offer on a piece of property that is then accepted can prove to be incredibly exciting especially for first-time homebuyers. Once an offer has been accepted it is important to consider the necessity of having a professional home inspection performed. This is the key to avoiding costly home buying related mistakes. Hiring a professional home inspector who will thoroughly and expertly check and inspect a house is a smart and effective way of protecting what is likely to be a very large and substantial investment. Organized And Detailed A typical home inspection should include a complete check of the plumbing systems, attic, basement, scrawl spaces, heating and air-conditioning systems as well as electrical systems and exterior home components. In addition, there should be an organized and detailed room by room review as well as a complete check of the foundation and structural components of the house including the interior and exterior. Anything less than this comprehensive type of inspection could end up resulting in something being missed. Potential homebuyers should always follow with the home inspector through the entire inspection process. Actively Involved In The Inspection If a home inspector is not open to the idea of a buyer being actively involved in the inspection process it may be a good idea to find a new home inspector. Being actively involved in the inspection process can help a home buyer better understand the findings of the final report. This also helps to reduce any post closing potential surprises. Homebuyers should stay proactive when it comes to a house being checked out by asking questions when appropriate. There are many items that will be covered by qualified and experienced inspector. Impact On Energy Usage This includes everything from checking for roof leaks and any possible roof defects associated with aging. In addition, drainage problems that may result in water related damage should be thoroughly checked. Faulty fuses, a rotting deck or water damage on a ceiling will also be looked at during the inspection. Attic ventilation, the quality of weather stripping around doors and windows as well as caulking around fixtures will also be thoroughly covered. These items are especially important because they can have an impact on energy usage and ultimately energy costs. Any potential environmental contamination will also be brought to the attention of the homebuyer by the inspector. Contact Nicole Haun and RealestateinAnacortes.com today for a list of Anacortes homes for sale. Choosing the right Anacortes realtor can ultimately save homebuyers money, time and trouble. Read Our Latest Press Release Hash Tag #RealEstateInAnacortes Follow Nicole on Twitter @HomesAnacortes
How To Find The Down Payment Needed To Buy A New Home
This is a common concern that is often raised especially by those who are young first-time home buyers. However, the good news is that it is really much easier than most people might imagine to secure the funds needed to make a down payment for a new home purchase. For example, young couples just starting out may wish to consider simply asking their parents, relatives or friends for an affordable loan. First Alternative Best of all, securing this type of loan usually means that there will be no strict time-frame in terms of paying off the loan and in many cases no interest. This is clearly the best type of loan available and should always be considered as a first alternative when preparing to buy for the first time. As another option, it may be worth considering having a parent or close relative cosign a loan in order to become a new homeowner. Another idea is to consider liquidating assets as a way to buy your first home. The Potential Profit That Is Inherent In That Market For example, selling stocks, bonds or even a boat or motorcycle as well as maybe a second vehicle can help open up the door to having the funds necessary to purchase a first home. Conversely, those with established life insurance policies with an accrued value may find that cashing it in is a great way to access the real estate market and the potential profit that is inherent in that market. As a note, first-time homebuyers may be able to enjoy penalty free access to a retirement account up to $10,000. Consult with your accountant to know for sure. Many Loan Products Available Today Finally, everything from increasing your income by taking a second job or talking with your local church or other nonprofit organization about low down payment loan options is worth considering. It should also be noted that there are many loan products available today that require either a very low down payment or no down payment at all. From an FHA loan to a VA loan and other types of unique loan programs, there are a number of ways to finance the purchase of a home without having to come up with a substantial down payment. Contact Nicole Haun by visiting Realestateinanacortes.com today to learn more about buying a home in Anacortes Washington. Anacortes MLS Listing information is available, please contact us for a detailed list of available properties. Read Our Latest Press Release Hash Tag #RealEstateInAnacortes Follow Nicole on Twitter @HomesAnacortes
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