How to Prepare for the Home Appraisal
You’ve finally found the ideal buyer and accepted their offer. It’s a done deal with the exception of one last requirement: the appraisal. This assessment of your home’s worth is vital because it determines whether the buyer’s lender approves their mortgage or not. After all, banks will not release the loan if the appraised value of a property is less than the requested mortgage amount. How do you ensure that the appraisal proceeds smoothly? And more importantly, how do you get the maximum valuation for your home?