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How to maximize your appraisal for your refinance
Your home is the collateral for the loan you are working to acquire. As part of the loan approval process, it's the appraiser's job to look at the appeal of your home, inside and out, from a potential purchaser's point of view.
Tips for the exterior inspection
Be sure to have those odd jobs around your home completed prior to the on-site inspection. "Curb appeal" counts toward increasing your home's value and placing it at the top of the market.
Mow the lawn and cleanup the landscape.
Make sure walkways are free of clutter.
Repair any broken windows, screens or doors.
Consider applying a fresh coat of paint to the whole house or where needed.
Tips for the interior inspection
The appraiser is required to inspect all rooms and areas within your home, including the attic, garage and basement. Make sure easy access is available to the appraiser.
Clean carpets, vacuum and remove clutter from the floor.
Put away laundry, children's toys and pet toys.
Clean and de-clutter all rooms.
Repair faucet leaks in kitchen and bathrooms.
Apply fresh paint where needed, and fix any holes in walls.
Replace light bulbs as needed.
All utilities/systems need to be turned on and functioning at the time of the appraisal inspection. The appraiser will not turn on any of the home's systems. Those include, but are not limited to:
Gas (if applicable)
HVAC (should be turned on to either heat or air as appropriate for the season)
Water heater (must be on to produce hot water in every appropriate faucet)
Toilets (must be able to be flushed)
Ensuring the functionality of these systems and taking some time to make your home look its best will help make the on-site portion of the appraisal a breeze and prevent any need for re-inspection.
Please let me know if you have any questions. I look forward to assisting you with your Real Estate needs.