Ten tips for high-value home appraisals .
Everything from sprucing up the house to having comps on hand for a real estate appraiser can help to increase the value an appraiser gives a property.
Spruce the house up.
Curb appeal also matters
Keep a list of all the updates
Have comps on hand.
Be mindful of peeling paint.
Focus on paint, carpet, fixtures..
Location still matters
Keep the $500 rule in mind, if your home needs repirs upto $500 do it, otherwise it counts
against you.
Also remember the concept of “effective age", after updating and condition.
Lock up Fido and Fifi.
Complete article at:
http://blogs.wsj.com/developments/2011/10/11/ten-tips-for-high-value-home-appraisals/
Source: Wall Street Journal.
Some other fine sites:
http://www.trulia.com/blog/perry_mistry/2011/10/mortgage_forgiveness_program_hr3648
http://www.trulia.com/blog/perry_mistry/2011/10/santa_clara_county_foreclosures_have_decreased
http://www.trulia.com/blog/perry_mistry/2011/10/great_web_sites_for_buyers
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