If you are thinking of selling a house for the first time, pricing it correctly and securing a good appraisal are crucial steps in the home-selling process. So it’s important to be prepared.
Appraisals carry a lot of weight, and closing a sale can hinge on the results. Thus ensuring you’ve correctly priced your home at the listing stage is key. An acceptable appraisal is a primary contingency for many buyers, with 43 percent of buyers including that contingency in their offer, according to a January 2020 report from the National Association of Realtors.
To help you navigate this make-or-break part of the home-selling process, here are some things you need to know about the home appraisal process and how to appropriately price your home to ensure a successful sale.
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