Three Appraisal Myths Debunked by Naftali Horowitz

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THREE APPRAISAL MYTHS DEBUNKED BY NAFTALI HOROWITZ Selling your home is not as easy as it appears to be. Not only are there emotions attached to the place, but the process is also tiring and timeconsuming. After you come to terms with saying the final goodbye to the place, you have to go through the appraisal process. Appraisers like Naftali Horowitz, carry put the appraisal process to find out the estimated value of the property. Although an appraisal is one of the scariest and most confusing parts of home selling, by appointing qualified appraisers, you no longer have to worry about a thing.But, before you carry out the appraisal process, here are certain misconceptions about the appraisal process, you must stay clear off.

1. An appraisal is the same as home inspection: Both home inspection and appraisal help in safeguarding the buyers, but they are different. Appraisers and home inspectors have different jobs to perform. 2. The appraiser works for buyers: If you think the appraiser works for buyers, you are wrong. The appraiser works and is hired by the lender. 3. The appraiser gives the magic sales number: Appraiser only provides the estimated value of the property. Hence, the value that buyers will pay depends on numerous other factors. An appraisal doesn’t dictate how much buyers will pay and how much the seller should accept.


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