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