Your house is probably the biggest single
investment you've made. When relocating you'll want to make sure it's appraised
properly so you get the best return on your money. A key factor in that
equation is the real estate appraiser.
Learn about
the real estate appraiser’s experience. Verify the real estate appraiser's experience
working with homeowners. This is important because loan officers usually have
different requirements than individual homeowners. Loan officers are typically
looking for an assessment of the condition of the property for sale and a rough
market value to put on the mortgage documents. Homeowners may have questions
about the appraisal process itself and may ask the appraiser for tips on how to
improve the valuation.
Look for a real
estate appraiser that specializes in your market area. An appraiser from
another county may not be as knowledgeable as a local real estate appraiser would
be. Some appraisers service two or three counties while others specialize in a
single county. It would only be reasonable to consider the local real estate
appraiser would have more firsthand knowledge of the area.
Know about
the value of your property for sale. Be sure to ask for a copy of the
appraisal. Unless you hired a real estate appraiser yourself you won't
automatically get a one. If the bank hired the appraiser then the bank is the
client, even though you're paying for the appraisal. By law you have to be
given a copy if you ask for it.
Never
hesitate to confirm. Ask questions based on your property for sale needs.
For example, if you need to determine the value of your home for a property tax
appeal, you want a consumer appraiser familiar with your county's methodology.
You need someone who understands how neighborhood variables and other
environmental factors influence property values in your area.
Request
recommendations from family and friends. Since an appraisal is typically
part of the sale process, they are usually familiar with local real estate
appraisers as they have been through the same process before. Ask them to
suggest appraisers who have proven to be reputable.
Tam Bay Realty LLC
1408N West Shore Blvd Suite 1000 Tampa, FL 33607
(813) 908-0706
http://www.businesslocallistings.com
No comments:
Post a Comment