Building enough equity in your home to refinance can be exciting, as this opens the door to funding you and your household may need. In order for your home to be refinanced, it has to go through a home appraisal process to ensure you’re borrowing the right amount in correlation to what your home is worth.
To make sure the appraisal process runs smoothly for the optimal mortgage refinance, there are a few key steps a homeowner can take. Start by doing market research to see how other similar local properties are valued. Gather information about any home upgrades you’ve done, as these can potentially boost your appraisal report.
Boost your curb appeal by making sure junk is off the lawn, the grass is kept neat and plant flowers to add to the appeal of your property.
There are a few items of high importance to examine proper to getting a home appraisal to ensure positive results. The condition of your heating and cooling systems can negatively affect the appraisal if they need fixing or replacement.
While unique features may delight the owner of a home, this can also have a negative impact on the appraised value due to being difficult to compare against other properties.
Some older homes were built with hazardous materials that are now unacceptable. Getting these materials replaced can increase the chances of a positive home appraisal experience.
A messy home usually doesn’t affect an appraisal, however cleaning up the space ahead of time can help the process to go smoothly. A messy home can obscure the features of the space and make it harder for an appraiser to access certain areas.
Using a refinance appraisal checklist can be helpful as you prepare your home to be appraised for refinancing. It’s best to speak with your lender if you have any questions about the process or need help along the way.
During her 25 years in the South Florida non-profit sector, helping others was always at the core of Danay's professional career. As a Realtor, she now uses her extensive background in client relations, financial management, and sales to help her clients in finding their dream home.
Whether buying or selling, what matters most to her is honest communication, extreme loyalty to her clients, and a direct, hands-on approach.
Raised in Miami, she has a personal connection to the local community and has extensive knowledge of the various cities and neighborhoods across the local market. Whether a seller or buyer, you will appreciate her attention to detail, negotiation skills, and motivation.
As a homeowner herself, she recognizes and values the trust clients place in realtors and she is dedicated to working tirelessly on behalf of her clients, making the process stress-free and exceeding their expectations.
Certifications:
Residential Real Estate Probate Specialist
