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Reply to "Preparing for an appraisal"
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[quote=Anonymous][quote=Anonymous]Remember that comps don't need to be right in your exact neighborhood. They can use a comp from a few miles away if that house is similar to yours. In DC that can put you in a completely different neighborhood with higher house prices (which is fine). I think giving a list of comps to the appraiser is fine. If they don't want to use them they won't. We did clean before our appraisal and I'm glad we did because he took pictures. Good luck![/quote] Thanks! This is what worries me a little, in case they use comps from another lower priced neighborhood, or use comps from nearby but on a busy undesirable street. We live in NW, but NE is very close by and prices are a lot lower there. If he uses NE comps then he can argue our house is worth less. Does anyone know if when lookng for comps they are looking more at the total sq footage or at the number of beds and baths? FInding similar sq footage sales isn't too hard, but most houses have squeezed in an extra bathroom in the same space we have.[/quote]
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