What's it worth? Let's find out!

Richmond Real Estate Appraiser | Harley Appraisals, LLC

You’ve decided to sell your home. You’ve met with an agent and they are anticipating a price that exceeds your expectations. You make all the recommendations your agent suggested for prepping your home. You de-clutter, paint a few rooms, weed the flower beds and have your home photographed by a professional real estate photographer.

It’s looking great. You list your property and during your first open house you receive three bids above asking price! Life is GOOD! Well… maybe not.

You’re not just selling a home to a family. Unless it’s an all cash deal (wouldn’t that be wonderful) you are also selling your home to a mortgage lender. Despite the freshly painted rooms and beautiful flower beds they want to know what it’s worth.

They are a business. Emotionless business - and rightfully so.

When considering offers keep in mind what it will take to actually get to the closing table. Will it appraise for the contract price? If not, would the buyer have additional funds for the closing?

This Spring Real Estate Market is sure to be hot. A strong economy and historically low interest rates is feeding the frenzy. Remain objective in your contract negotiations. The highest bid may not be the one that makes it to the closing table.

What’s it worth? Let’s find out!