🏡 Seller Series – Episode 7: Navigating the Appraisal Process

What Every Seller Needs to Know Before Closing

You’ve accepted an offer—congrats! 🎉 But before you can celebrate at the closing table, there’s one more major hurdle to clear: the appraisal.

In this episode, we’ll break down what the appraisal process is, how it can affect your sale, and what you can do to be prepared.

🧐 What Is a Home Appraisal, and Why Does It Matter?

When a buyer is financing their purchase, the lender will require a home appraisal to ensure the property is worth the amount being borrowed. An independent appraiser evaluates the home’s condition, features, and comparable sales (also called “comps”) to determine market value.

✅ If the home appraises at or above the purchase price — you're in the clear.⚠️ If it appraises below, it can create a challenge.

🚨 What Happens If the Appraisal Comes in Low?

This can trigger a few scenarios:

1. The buyer asks to renegotiate the price.

2. The buyer pays the difference out of pocket.

3. The buyer cancels the contract (if there’s an appraisal contingency).

This is why pricing your home strategically—not just optimistically—is critical.

🔍 How Can You Prepare as a Seller?

Here are smart ways to protect your sale before and during the appraisal:

• ✅ Price your home based on data, not emotions

• 🧾 Have a list of upgrades & repairs ready for the appraiser

• 🧹 Make sure the home is clean & accessible

• 🪴 Boost curb appeal for a great first impression

• 🧠 Work with an experienced listing agent (that’s me!) to prep comps and communicate with the appraiser (when allowed)

  
  

💼 Appraisals on FHA & VA Loans

These appraisals tend to be more strict, especially on health and safety issues. If your buyer is using one of these loan types, it’s even more important to make sure:

• Handrails are installed

• Smoke and carbon monoxide detectors are functional

• Chipping paint, roof issues, or foundation cracks are addressed

  
  

🤝 Let’s Get You to the Closing Table

I’ve helped dozens of sellers successfully navigate the appraisal process across Illinois, Indiana, and Georgia. Whether it’s preparing comps, advising on value, or staying calm if there’s a challenge—I’ll be with you every step of the way.

📞 Questions about your home’s value or next steps?Call me today at 708-249-3393🌐 Visit www.LimitlessRealEstateInvestments.com

Stay tuned for Episode 8: Understanding Your Seller Net Sheet—What You’ll Actually Walk Away With.

#SoldByNikia #LimitlessRealEstate #SellerSeries #AppraisalTips #RealEstateEducation