Should I Get An Appraisal Before I List My House In Albuquerque?
You may be asking yourself should I get an appraisal before I list my house in Albuquerque? The answer to this questions is it depends. You are not required to get an appraisal before you list your home. Most real estate agents can help you price your home prior to listing your home. Realtors have access to the same data as an appraiser. You may decide to have an appraisal on your home if you don’t trust Realtors or if you are selling the home yourself. If your home is unique you may want to get an appraisal before you list your home.
Your buyers lender will require an appraisal as part of their mortgage approval process. It is customary for the seller to pay for the appraisal in the Albuquerque real estate market. This appraisal must be ordered by the buyers lender and for this individual buyer. If you got an appraisal before listing your home, it cannot be used by the buyers lender.
If you choose to get an appraisal before you list your house, you will probably pay for two appraisals.
If you are considering selling your home, we utilize the latest, cutting-edge, real estate marketing tools to expose your property to the widest range of potential buyers. Our goals are to help you get your home sold and get you where you want to go on time, put you in the strongest negotiating position as possible, and to make it easier for you and reduce surprises.
Call us at 505 401-7500 if you have questions about selling your home.
I personally do not think you should get an appraisal prior to listing your home in most cases. Ask your Realtor to show you the comps they used to determine a list price for your home.