Eight Ways You Can Improve Your Home Appraisal » Mortgage Masters Group

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How can I get my home appraised for more value?" You’ll find two schools of thought on this topic: Some people say you shouldn’t worry about fixing up your home before an appraisal, because it won’t really make a difference. The appraiser is going to look at recent sales data, the size and features of your home, and put a price on it.

How to increase your property’s value. To learn simple, cost-effective ways you can pump up your home’s appraised value, NerdWallet talked to two real estate experts.Tom Salomone is president.

Ways to Increase the Appraised Value of Your Home. Knowing the appraisal value of your home is important if you are going to be refinancing your home, selling your home or getting a reverse mortgage loan. But you don’t have to sit back and wait in angst for the appraised value to come in.

If you’re refinancing your mortgage, there’s a good chance you’ll need an appraisal. Your lender will use the appraisal to determine whether your home qualifies for the loan and, if it does, how.

You can learn about the different neighborhoods in the area at neighborhoodscout.com." You can screen by neighborhood if buyers specify the neighborhoods by names, or boundaries (e.g., "nothing north of 46th"), but your clients need to do the specifying. Otherwise, you are violating the law.

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In both cases, the sum of your first mortgage plus the new second mortgage typically can’t exceed 80% of the value of your home. For example, if you had a $220,000 first mortgage on your $300,000-valued home, many lenders would consider giving you a second mortgage (fixed or HELOC) for up to $20,000.

Eight Ways You Can Improve Your Home Appraisal. Published 8:58 AM ET Wed, But before landing a new 30-year fixed-rate mortgage, they had to get through a home appraisal.

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