Jul 21, 2014

How Texas Appraisals work & 5 ways to help it

When selling a home in Dallas, it will very likely need to be appraised. In order for a buyer to get a mortgage to purchase the property, the home needs to appraise at or above the sales price. This chart gives a great explanation of the appraisal process. Click on the chart to view it larger.
While an agent or homeowner may not interfere with the appraisal process, there are a few things you can do to help it.

What can you as a homeowner do to help positively impact the appraisal?
  1. Clean - a clean and well kept home helps the value.
  2. Tidy up inside and out.
  3. Make minor repairs - touch up paint, holes or other flaws.
  4. Provide your own comps - share information about sales in your area that may help your value.
  5. Share - your list of improvements and updates. Anything that adds value to your home.
[where: 75230]

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