| A full home appraisal may cost you anywhere from | | | | buyer. |
| $250 up. It depends on the charging methods the real | | | | A full home appraisal can be the best way for a |
| estate appraiser uses. The home appraisal fee could | | | | motivated, serious home seller to determine the most |
| vary depending on where you live and the type of | | | | profitable asking price. |
| property being appraised. The appraiser might base | | | | #2. Speeds Up The Whole Sales Process |
| the fee on the property value and the complexity of | | | | Having a full written appraisal can put everyone’s |
| the appraisal. | | | | minds at ease. The buyer will feel assured that they |
| A home appraisal will involve the Certified Real Estate | | | | are not being taken advantage of. No one likes to get |
| Appraiser visiting your property for an inspection. He or | | | | “ripped off.” Having a full home appraisal may |
| she will take photos, measurements and prepare a full | | | | “fast track” the negotiations, as your buyer may |
| home appraisal report including real estate market | | | | have more confidence in finalizing the deal. |
| comparisons. | | | | #3. Helps The Buyer Qualify For Mortgage Finance |
| #1. Adds Credibility To Your Asking Price | | | | A full written appraisal my help the buyer borrow the |
| Home buyer’s are suspicious of price and will | | | | required funds to buy the property. Lenders always |
| probably believe that your asking price is grossly | | | | want “hard” evidence of a property valuation |
| inflated. A formal written home appraisal could put a | | | | before they are willing to risk their money. More than |
| stop to any argument. A written home appraisal (by a | | | | likely, the lender will insist on an appraisal that has been |
| Certified Real Estate Appraiser), is irrefutable evidence | | | | prepared by a Certified Real Estate Appraiser. |
| that the price was arrived at in a scientific way, rather | | | | #4. Stops Bargain Hunters Disputing Your Asking Price |
| than just by “pulling figures out of the air.” | | | | A written home appraisal might prove to be good |
| A real estate appraisal should include photos, | | | | ammunition to fire back at “bargain hunters” who |
| measurements and details of comparable property | | | | will try to pressure you into selling your home at a |
| sales. It is a professionally prepared valuation | | | | “giveaway” price. A written appraisal is hard for |
| document prepared by a Certified Real Estate | | | | any real estate buyer to argue against. |
| Appraiser that you can show to any prospective | | | | |