Home Valuation Chapin SC
If you want a professional home valuation in Chapin, SC, it pays to get one from a local professional. A real estate agent in your area is more than happy to show you the most accurate sale price for your home using the most cutting-edge tools and methods. The process involves comparing your home to the most comparable sales in the area. This is called a CMA or comparative market analysis.
This information comes from the MLS, a state-regulated database that houses official appraisal and inspection data from banks and county tax authorities. It stores the most credible market and property data and automatically updates property values for market trends. Only licensed agents can access this information. You can never know data from another source, so agents only use the MLS.
Whether buying or selling, a home valuation can help you make the most informed decision. This can also give you an edge in negotiations since updated value data reflects market trends. However, this information shows you the Fair Market Value or FMV. This is affected by the home’s interior and exterior condition. This is why a seller’s agent you hire wants to see the property in person.
They often being their own property inspector and contractor to perform a professional home valuation throughout the property, inside and out. The goal is to determine if it would pass a bank inspection to qualify for financing. This is a crucial step in preparing to market your home to the biggest pool of qualified buyers. By subtracting the repair estimate from the FMV, your agent can determine the best course of action that puts the most money in your pocket. So get your home valuation today.
- Get a home valuation in Chapin, SC, on a free call with a local real estate professional.