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Home Selling Tips | Coldwell Banker Realty Blog

Thursday, August 26, 2021   /   by Steve Ticknor

Home Appraisal Prep List

You found a buyer for your Lake Havasu home. Congratulations! Now, you enter escrow. A home inspection and/or appraisal usually get done during this time. Unless your buyer pays for the home with all cash, they probably need a home loan. Banks require an appraisal as part of the home loan process. They will not approve a loan for more than its appraised value. But even if the buyer pays with all cash, they may still want an appraisal done. Therefore, you need to make sure your property is in tip-top shape before the appraiser comes. Use this home appraisal prep list to ensure that your home looks its best.

Home Appraisal Prep List
Fix It
We all grow used to how certain things operate in our Havasu homes over time. The front doorknob rattles. You need to lift the sliding glass door handle slightly in order to open it. The faucet drips from time to time. While you overlook these things, an appraiser will not. Don't forget to fix any problem areas around your home.
A Little Spackle. ...

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  lake havasu real estate, home selling tips

Thursday, May 27, 2021   /   by Steve Ticknor

Appraised Value vs Fair Market Value

High buyer demand and a low housing inventory continue to spur on our hot Lake Havasu seller's market. Many sellers often receive multiple offers on their property from several buyers. Every month, we see sale prices climb higher and higher. But that does not mean that you can list your Havasu home for whatever price you want and expect to automatically receive it. How do you determine what to ask for your home? You should take into account the appraised value as well as its fair market value. While you might think they are the same thing, they are actually different.
Appraised Value vs Fair Market Value
Appraised Value
The appraised value (AV) is determined by an independent third party (the appraiser). First, the appraiser comes out and takes visual stock of the condition of your Lake Havasu home. They also consider the total square footage of both the home and the lot, its location, the number of bedrooms and bathrooms, features, fixtures, etc. Then, they look at recently sold pr. ...

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  lake havasu real estate, appraised value, home selling tips

Coldwell Banker Realty
Steve Ticknor And Bob Ulery
2148 McCulloch Blvd N #105
Lake Havasu City, 86403
928-302-6177

Copyright 2021 WARDEX Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but not guaranteed. This data is provided by the Western Arizona REALTOR Data Exchange, Inc.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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