Atlanta Residential Pre-listing and Pre-purchase Appraisals
Pre-listing and pre-purchase appraisals are an important part of the process of buying and selling residential property. Whether you are selling your home or purchasing a new one, understanding the true value of a property will help you make an informed decision on what is typically one of the largest assets in your portfolio.
Pre-listing Appraisals
If you are preparing to put your Atlanta home on the market, setting a realistic listing price is crucial to ensuring you attract the right potential buyers. While a comparative market analysis (CMA) from a realtor is helpful, smart homeowners and real estate agents understand that each home’s value is unique and that an appraisal by a trained and impartial third party is the only way to truly assess the value of a property.
As experienced residential appraisers, Appraisalsmith provides professional, independent, and well-researched home appraisals that are far more accurate than a CMA. The appraisal protects you from undervaluing your property and can also save you the heartache of overvaluing it, too. Unrealistic asking prices lead to a longer sales process and potentially a loss in actual dollars when additional house payments, property taxes and advertising costs are factored in. With a pre-listing appraisal, you receive an accurate valuation of your home that considers all the important factors that influence its market value. You can then set a listing price that gives you the best chance of attracting potential buyers without leaving anything on the table.
Pre-purchase Appraisals
Looking to buy an Intown Atlanta home or one inside of I-285? Appraisalsmith also offers pre-purchase appraisals to protect you from overpaying for a property. We can conduct an independent appraisal and provide an accurate valuation of the property before you make an offer and put down earnest money. Unlike an inspection which focuses on the actual condition of a home and identifies repairs that need to be made, a pre-purchase appraisal assesses the fair market value of a property by comparing features and location with comparable recent sales in the area. Mortgage lenders require an appraisal as part of the home-buying process.
Pre-purchase appraisals can be especially helpful for investors of residential real estate. Appraisalsmith can provide insight into market trends and investment strategies to help you make informed decisions on investment properties.