Home appraisals can be an advantage or a disadvantage depending on how good a home has been kept up. If you are putting your home on the market, you will want the appraisal to be as high as it can be. If you are having a house evaluated because you want to buy it, a large appraisal is good because the living space is probably in great shape. If it appraises not so good, it can be bought for less money, but it can also mean it needs alterations.
If you are going to try and sell your house, any buyer interested will want to have it looked over. The most important thing to do is to get your home in the best repair it can be before the appraiser comes. A number of issues can hurt appraisals more than others. Cosmetic issues like needing a paint job can make your dwelling place look less appealing, but since new house purchasers will occasionally repaint to their own design anyway, the need for paint may not bring down your homes value too much.
One serious problem that will affect your appraisal is water issues. Whenever there is proof of water issues inside or outside a house it has to be repaired before the inspection. A small leak from a water pipe that has not been remedied will cause an examiner to inspect closer for evidence of wood, sheet rock, or mold damage. He may discover something you have not. This may suggest that water has soaked into places it should not. This will cause worry about mold or water damage that can not be seen.
Raised spots, loose tiles, and soft spots on a floor might also be evidence of current or prior water problems. This will also cause concerns to an examiner about water damage below the floor covering that might not be seen. It might indicate damaged wood or mold too. Any places that have damages like these need to be remedied before an appraisal as well.
The basement and attic are two other spots that can have water damage and an appraiser will examine these spaces thoroughly. When a basement is damp or water seeps in, it is not recommended to finish it out until the water issue is corrected and it is a perfect environment for mold. An attic that has water damage is usually because of a damaged roof or gutter system. This might be very costly to repair also. The most intelligent way to make the best of your appraisal is to do as many jobs that you can on your own to save money because if you have attic or roof damage, these issues should be resolved before you put your home on the market.
![[Valid RSS feed]](/images/icon_Rss.png "XML Feed For RSS"){kind=icon}
Category Rss Feed
Print This Article
Add To Favorites