Page 5 - TR Home Lawn & Garden March 2017

HOME, LAWN & GARDEN • THREE RIVERS EDITION OF THE ARKANSAS DEMOCRAT-GAZETTE SUNDAY, MARCH 26, 2017 5SS
Making repairs around the house before an appraiser visits is a simple way to increase a home’s value. Make sure to check and repair the water heater, air conditioner, fireplace and more.
WHAT IT'S WORTH
STEPS TO TAKE BEFORE AN APPRAISER’S VISIT
Homeowners who are unfamiliar with the property-appraisal process might not know if there is anything they can
do to make the process go more smoothly. While certain variables involved in the appraisal process, such as the location of the home and the value of surrounding homes, are beyond homeowners’ control, the Appraisal Institute recommends that home- owners take the following steps before an appraiser visits their home.
➤ Clean the house. A dirty home that is full of clutter will not make the best impression on appraisers.
“To help ensure your home gets the credit it deserves when the appraiser comes, be sure to have the house in the condition you had it for the showings, leaving all lights on and pets put in their safe place when you leave,” said Vicki Bates, a mortgage originator at First Security Bank.
Dirty homes may be vulnerable to insect infestations that can lead to structural prob- lems with the home. While a dirty home is not necessarily an indicator of infestations or a reflection of a home’s value, a clean home will create a stronger first impression with the appraiser.
➤ Make any necessary repairs ahead of the appointment. Homeowners who have been putting off repairs should make them be- fore the appraiser arrives. Homes with repairs that still need to be made will likely be valued less than similar homes with no such repair issues. Though repairs can be costly, investing
in home repairs will likely increase both the appraisal and resale value of the home.
➤ Obtain all necessary documents be- fore the appraiser arrives. Homeowners who have certain documentation at the ready can speed up the appraisal process. Such documentation may include a sur- vey of the house and property; a deed or title report; a recent tax bill; if applicable, a list of items to be sold with the house; the purchase history of the home; and the original plans and specifications of the home.
➤ Inform the appraiser about recent improvements.
Homeowners can inform appraisers about any recent improvements to the home and the cost of those improvements.
“Leave a list of any improvements you’ve made to the house on the count- er in plain sight for them,” Bates said. “It’s best if you’re not home so the appraiser can do their job efficiently with no dis- tractions. Remember, if you want premium value, have your home in premium condition.”
The value of home improvements with regard to a home’s appraisal value vary depending on a host of variables, but hav- ing such information at the ready can help appraisers make the most informed appraisal possible.
— Courtesy of Metro Creative, with contributions by Emily Edmisten, special sections writer