Online Home Appraisal Estimate – 3 Great Tips You Need To Know

Getting a home appraisal estimate online could save you thousands of dollars when buying or selling a home. Many people have no idea how much their property or the house they are buying is worth until it is too late. This article will explain why you should get a home appraisal estimate and how to get one for free.

Buyers typically offer less than the property is listed, but the truth is they could still be overpaying. The best thing you can do as a buyer is to get a home appraisal before you make an offer. Traditional home appraisals cost more than $250, but you can get a free estimate using one of the online property value websites. If you get an estimate from a couple of these sites and combine the estimate from your real estate agents, chances are you’ll have a pretty good idea of ​​how much it’s really worth. Then make your offer a little lower than the estimated value. If the seller does not accept your offer, show him the estimates you received.

If you are selling your home, you need an appraisal in order to properly price it. The number one reason they take so long to sell is that they are priced too high. If you want to sell fast, you need to price it right. I recommend asking your agent for an estimate, but also use online appraisal sites to get a couple of values. Then average them together and price 2 percent less than the calculated value. This will bring more offers and probably a bidding war.