{"id":240013,"date":"2024-04-23T05:31:41","date_gmt":"2024-04-23T05:31:41","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=240013"},"modified":"2024-04-23T05:31:41","modified_gmt":"2024-04-23T05:31:41","slug":"who-does-the-appraisal-when-selling-a-house","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/","title":{"rendered":"Who does the appraisal when selling a house?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#Who_does_the_appraisal_when_selling_a_house\" title=\"Who does the appraisal when selling a house?\">Who does the appraisal when selling a house?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#FAQs\" title=\"FAQs:\">FAQs:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#1_Why_is_an_appraisal_necessary_when_selling_a_house\" title=\"1. Why is an appraisal necessary when selling a house?\">1. Why is an appraisal necessary when selling a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#2_How_is_an_appraiser_chosen_when_selling_a_house\" title=\"2. How is an appraiser chosen when selling a house?\">2. How is an appraiser chosen when selling a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#3_How_much_does_an_appraisal_cost_when_selling_a_house\" title=\"3. How much does an appraisal cost when selling a house?\">3. How much does an appraisal cost when selling a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#4_How_long_does_an_appraisal_take_when_selling_a_house\" title=\"4. How long does an appraisal take when selling a house?\">4. How long does an appraisal take when selling a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#5_Can_the_homeowner_choose_the_appraiser_when_selling_a_house\" title=\"5. Can the homeowner choose the appraiser when selling a house?\">5. Can the homeowner choose the appraiser when selling a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#6_What_factors_do_appraisers_consider_when_assessing_a_house_for_sale\" title=\"6. What factors do appraisers consider when assessing a house for sale?\">6. What factors do appraisers consider when assessing a house for sale?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#7_Can_a_homeowner_influence_the_outcome_of_an_appraisal_when_selling_a_house\" title=\"7. Can a homeowner influence the outcome of an appraisal when selling a house?\">7. Can a homeowner influence the outcome of an appraisal when selling a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#8_What_happens_if_the_appraisal_comes_in_lower_than_the_asking_price_when_selling_a_house\" title=\"8. What happens if the appraisal comes in lower than the asking price when selling a house?\">8. What happens if the appraisal comes in lower than the asking price when selling a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#9_Can_an_appraisal_be_contested_when_selling_a_house\" title=\"9. Can an appraisal be contested when selling a house?\">9. Can an appraisal be contested when selling a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#10_How_often_should_a_homeowner_get_an_appraisal_when_selling_a_house\" title=\"10. How often should a homeowner get an appraisal when selling a house?\">10. How often should a homeowner get an appraisal when selling a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#11_Is_an_appraisal_the_same_as_a_home_inspection_when_selling_a_house\" title=\"11. Is an appraisal the same as a home inspection when selling a house?\">11. Is an appraisal the same as a home inspection when selling a house?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#12_What_should_homeowners_do_to_prepare_for_an_appraisal_when_selling_a_house\" title=\"12. What should homeowners do to prepare for an appraisal when selling a house?\">12. What should homeowners do to prepare for an appraisal when selling a house?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Who_does_the_appraisal_when_selling_a_house\"><\/span>Who does the appraisal when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When selling a house, the appraisal is typically done by a professional appraiser. This individual is hired by the lender to assess the market value of the property in question. The purpose of the appraisal is to determine the fair market value of the home to ensure that the lender is not lending more money than the property is worth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_Why_is_an_appraisal_necessary_when_selling_a_house\"><\/span>1. Why is an appraisal necessary when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAn appraisal is necessary when selling a house to ensure that the property is being sold for a fair market value. Lenders use the appraisal to determine how much they are willing to lend to a buyer.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_How_is_an_appraiser_chosen_when_selling_a_house\"><\/span>2. How is an appraiser chosen when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe lender is responsible for choosing the appraiser when selling a house. The appraiser must be a licensed professional with no vested interest in the outcome of the appraisal.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_How_much_does_an_appraisal_cost_when_selling_a_house\"><\/span>3. How much does an appraisal cost when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe cost of an appraisal when selling a house can vary depending on the location and size of the property. On average, appraisals can range from $300 to $500.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_How_long_does_an_appraisal_take_when_selling_a_house\"><\/span>4. How long does an appraisal take when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe appraisal process when selling a house typically takes anywhere from a few days to a week. The appraiser will visit the property, gather data, and then prepare a report with their findings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Can_the_homeowner_choose_the_appraiser_when_selling_a_house\"><\/span>5. Can the homeowner choose the appraiser when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIn most cases, the homeowner cannot choose the appraiser when selling a house. The lender is responsible for selecting a qualified and impartial appraiser.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_What_factors_do_appraisers_consider_when_assessing_a_house_for_sale\"><\/span>6. What factors do appraisers consider when assessing a house for sale?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAppraisers consider a variety of factors when assessing a house for sale, including the condition of the property, comparable sales in the area, upgrades or renovations, and the overall market trends.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Can_a_homeowner_influence_the_outcome_of_an_appraisal_when_selling_a_house\"><\/span>7. Can a homeowner influence the outcome of an appraisal when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nA homeowner cannot directly influence the outcome of an appraisal when selling a house. However, they can ensure that the property is well-maintained and present any information that may positively impact the appraisal.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_What_happens_if_the_appraisal_comes_in_lower_than_the_asking_price_when_selling_a_house\"><\/span>8. What happens if the appraisal comes in lower than the asking price when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf the appraisal comes in lower than the asking price when selling a house, the buyer may have trouble securing financing for the purchase. In this case, the seller may need to lower the price, negotiate with the buyer, or seek a second opinion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Can_an_appraisal_be_contested_when_selling_a_house\"><\/span>9. Can an appraisal be contested when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAn appraisal can be contested when selling a house, but it is a complicated process. The homeowner would need to provide evidence to support their claim that the initial appraisal was inaccurate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_How_often_should_a_homeowner_get_an_appraisal_when_selling_a_house\"><\/span>10. How often should a homeowner get an appraisal when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nHomeowners typically only need to get an appraisal when selling a house, at the request of the lender. However, some homeowners may choose to get an appraisal before listing their property to ensure they are pricing it correctly.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Is_an_appraisal_the_same_as_a_home_inspection_when_selling_a_house\"><\/span>11. Is an appraisal the same as a home inspection when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nNo, an appraisal is not the same as a home inspection when selling a house. An appraisal focuses on the market value of the property, while a home inspection assesses the condition of the property.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_What_should_homeowners_do_to_prepare_for_an_appraisal_when_selling_a_house\"><\/span>12. What should homeowners do to prepare for an appraisal when selling a house?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nTo prepare for an appraisal when selling a house, homeowners should make sure the property is clean, well-maintained, and free of clutter. They should also provide any documentation on recent upgrades or renovations that could impact the value of the property.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Who does the appraisal when selling a house? When selling a house, the appraisal is typically done by a professional appraiser. This individual is hired by the lender to assess the market value of the property in question. The purpose of the appraisal is to determine the fair market value of the home to ensure &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Who does the appraisal when selling a house?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/who-does-the-appraisal-when-selling-a-house\/#more-240013\">Read more<span class=\"screen-reader-text\">Who does the appraisal when selling a house?<\/span><\/a><\/p>\n","protected":false},"author":60,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-240013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Who does the appraisal when selling a house?<\/title>\n<meta name=\"description\" content=\"Who does the appraisal when selling a house? 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