A home appraisal is part of the final stretch before selling your home and must go smoothly before you can celebrate a done deal. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that appraisal issues account for 18% of delayed contract settlements and 6% of terminated contracts. After you accept an offer, the buyer’s mortgage lender contacts a third-party appraisal management company to perform an appraisal. A residential home appraiser’s job is to provide an impartial opinion of your home’s fair market value so the lender knows that the house is worth what the buyer asks to borrow for the purchase. To conduct an accurate evaluation, the appraiser will evaluate local comparable sales and conduct an onsite visit of your property to evaluate an array of external and internal factors. Check out below to see what sold in Lakewoode Parkhomes in September 2020:
22842 Renford Street, Novi: 2 bedrooms, 1 bathroom, 875 sq. feet, 1 car garage, Sold Price: $110,000
Lakewoode Parkhomes Home Sold
September 2020
22529 Cranbrooke Drive, Novi: 2 bedrooms, 1.1 bathrooms, 1,050 sq. feet, 1 car garage, Sold Price: $168,000
Lakewoode Parkhomes Home Sold
September 2020
22403 Cranbrooke Drive, Novi: 3 bedrooms, 1.1 bathrooms, 1,184 sq. feet, 1 car garage, Sold Price: $170,000
Lakewoode Parkhomes Home Sold
September 2020
Keep in mind that at this stage in the game, you aren’t going to dramatically increase your property value with any last-minute preparations. However, you can help to ensure the appraiser has a good experience and has all the relevant information they need to come up with an opinion of value. For more information on Lakewoode Parkhomes, or similar Northville or Novi neighborhoods such as Country Place, Highland Lakes and Crosswinds West, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.