Corporate Relocation - Maximizing Your Home Appraisal

In many corporate transfers, the corporation has asales, and list, for example, if a comparable house sold
policy of a relocation company buying your home if itfrom an inferior location or other factor which should
does not sell within a set period of time. The relocationbe considered;
company then has the responsibility of selling your(10) List major improvements to the home, dates and
home after you move.costs; and
Knowing the ropes and assisting the appraiser will help(11) Outline of exceptional qualities of your home.
you arrive at the highest value for your home. This canWith this information you can greatly assist the
be accomplished by knowing what to expect whenappraiser in arriving at the most accurate sales price
the appraiser comes to look over your house. Expectfor your home.
the appraiser to take pictures of both the inside andThe most probable sale price of your home in a
outside of the house. Spend some time getting thereasonable period of time and in the current real
house ready for the appraisal. The results of theestate market makes up the appraisal value of the
appraisal will give you the option if you should accepthome. The appraiser will inspect your home and
the corporation's buyout offer or if you should continueproperty, study the many factors that make up the
to try to sell the house on your own.housing market in your area and then estimate a
Many corporations have policies that dictate they willmarket value for your property. The appraiser will
buy your house if it does not sell in a specific period ofwrite up an appraisal report after analysis of the most
time. To arrive at an offering price, a relocationprobable price of your home if sold in a reasonable
appraisal will have to be completed. Here's what youperiod of time in the current real estate market. The
can do to assure you get the very best appraisedappraisal will then be provided you and the relocation
value for you home.company for review.
Gather the following information and records:If there is a wide variance in value after two
(1) The plat map or survey of your house and land;appraisals, try to determine why the appraiser arrived
(2) If available, blueprints of the house;at the lower figure. If possible get it reconsidered with
(3) If applicable, homeowners association manual andthe presenting of new data. Otherwise, it may be
documents showing monthly or yearly fees paid;prudent to get a third appraisal.
(4) A legal description of the property-your propertyIf you are in agreement with the final appraisal, expect
deed;to get an offer to buy from the relocation company.
(5) Your realtor's sales sheet or brochure;You will be required to accept or decline the offer by
(6) Your most recent property tax bill;a pre-determined date. Following and applying this
(7) Your title policy showing, if any encroachments;outline will give you the knowledge to assure all data is
(8) If any personal property is being sold with theconsidered calculating the highest possible appraised
house, provide a list and value;value of your home.
(9) Get a list from you realtor of comparable area