Before buying or selling a home you should always get a house appraisal online. There are many different types of house appraisals. There are professional appraisal services, real estate agents and home value websites. The most expensive method of getting a home’s value is using a professional appraisal service and the least expensive is using a free online source.
The reason you should always get an appraisal before buying a home is because you don’t want to pay too much for the home. Many people think that the home is usually worth what the seller is asking for it, but most of the time it is not. The way most people price their home for sale is by either taking the real estate agent’s advice or they looked around the neighborhood to see what others where asking for their home. The fact is that you don’t want to pay for a house until you have a good idea of what it really is worth.
When you buy a home the lender will require a professional appraisal, but I believe before you even make an offer you should know the value. Once you find a home you want to make an offer on, look up the estimated value online. There are many web sites that offer rough estimates of a home’s value.
If you are selling a house then you will want to do the same thing. Don’t take a guess at the value and don’t just take your real estate agent’s word for it. Do your research and make sure your price is at least three percent less than what it is worth. The reason being is if you want to sell your home fast you need to price it right. The main reason homes don’t sell fast is because they are not priced properly.