What Real Estate Appraisers Look at During an Appraisal!

Have you ever wondered what a real estate appraiser looks for when determining your home value? Let's shed light on the mysteries of what real estate appraisers look at during an appraisal!
#RealEstateAppraisal

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When it comes to a home appraisal, we don't often hear about "above-value" appraisals and, more often than not, we're fixated with your home value coming in at the contract price. On the other hand, we've all heard about "low appraisals" which stoke fear about the appraisal process.

After watching this episode you'll be ready for your home appraisal!

In practice, I share with my client's to simply #JTAB = Just Take a Breath it'll be alright as we move forward together. Remember, FEAR = False Evidence Appearing Real. What's the best way to replace FEAR? With knowledge and you're doing that right now. Kudos!

What you'll learn:
1. What do appraisers look for when determining a property's value?
2. What does an appraiser look for in a house!
3. How to prepare for a home appraisal!

**To find top agents near you, please email me directly at: Andrew@AndrewFinneyTeam.com Thank you!**

Join us live every Wednesday at 11am PST. See you soon!

NOTE: To adjust video speed for your listening/ viewing pleasure, please use the settings icon on the bottom right of your screen. It looks like a gear. =)

Timeline:
1. 0:57 - What "exactly" do appraisers appraise? The 5 main categories of the real estate appraisal process!

2. 1:03 - Category 1: The exterior of your home!

3. 2:03 - Category 2: The size of your property! Both the square footage of your actual house (any add-ons need to be permitted or they won't count in the total square feet of a house!) and the size of your lot your house sits upon!

4. 2:37 - Category 3: The interior condition of your house! When combined with the exterior of your house, considering appropriate home maintenance, your house will be classified on a scale of Excellent- Poor overall condition which directly impacts your home value!

5. 3:03 - Category 4: Your home improvements! Now it's time to see just how well your improvements will pay off!

6. 4:04 - Category 5: Features & amenities of your house!

7. 4:45 - How does an appraiser determine the value of your home? In most cases with residential real estate they'll use what's called a "comparable sales price approach."

8. 6:24 - How to challenge a "low appraisal!"

9. 8:30 - 6 Ways to avoid a low home appraisal!

10. 11:33 - Real estate appraisal myths!

Want to know more about buying a house in Las Vegas or Las Vegas real estate? Send me a message. I'm happy to help.

Thank you for watching! =)

Enjoy an amazing day!
-Your Trusted Real Estate Advisor, Andrew Finney

Contact info:
Andrew Finney
USMC Combat Veteran/ Trusted Real Estate Advisor
License #S.0173260

Call/ Text: 702-710-0287
Email: Andrew@AndrewFinneyTeam.com
https://www.andrewfinneyteam.com/

King Realty Group
6955 N. Durango Dr. Suite 1004
Las Vegas, NV 89149

Designations-
Certified Residential Specialist (CRS)
Accredited Buyer's Representative (ABR)
Sellers Representative Specialist (SRS)

Certifications-
Military Relocation Professional (MRP)

Disclaimers/ Credits:
At the time of production, Andrew Finney, S.0173260, is a real estate salesperson with King Realty Group in Las Vegas, NV.

Andrew's videos are his own and do not necessarily represent the views and/ or opinions of KRG.

The purpose of Andrew's videos are to educate you and help you make sense of the real estate process. If you have questions about home loans, real estate, taxes, financial advice, real estate law, insurance, or any other services where you live, you are advised to reach out to the appropriate professional for further counsel about your own unique situation.

Video Inspiration:
You!

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Music provided by NoCopyRightSounds.
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Видео What Real Estate Appraisers Look at During an Appraisal! канала Andrew Finney Team