For Relocation Appraisals, Timing is Everything
Relocation Appraisals are not the same as normal market appraisals. When you are looking at relocating to a new city, timing is everything. If you currently own a home, a relocation appraisal can significantly streamline the moving process – and help ease some of the stress from planning such a big move.
How are Relocation Appraisals Similar to Standard Home Appraisals?
Like any other type of home appraisal, a relocation appraisal will give you an idea of how much your home is worth. It will include inspection and collect data to determine the value of your home. Still, even if a relocation appraisal and a standard appraisal were conducted simultaneously, they likely would have different results.
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How are Relocation Appraisals Different from Standard Home Appraisals?
With relocation appraisals, the major differentiating factor is timing. Relocating typically involves more urgency with buying and selling a home than doing so under normal market conditions.
Usually, you have a short amount of time to get all your affairs in order, move to your new town, sell your current home and buy a new one.
For standard home appraisals, an appraiser looks at retrospective data and factors in inflation, depreciation and other variables. For relocation appraisals, your appraiser will evaluate other factors:
- Current market conditions
- Current market trends
- Comparable properties that have recently sold in your area
- Home inspection findings
What Are the Goals of a Relocation Appraisal?
- To give you an estimated sale price of your home right now.
- To help you sell your home within a reasonable length of time — usually 120 days or less from listing.
- To enable a quick sale that can supply the funds needed to buy a new home in your new town.
- To limit the stress of owning property in another town or state.
Why Choose Authority Appraisals?
At Authority Appraisals, we have helped thousands of people execute fast and stress-free moves. For more information please Contact Us. If you are ready to get started, complete our Order an Appraisal form and we will contact you with a free appraisal quote.
Authority Appraisals also can offer professional Brokerage Services under our sister company Rhodes & Associates Realty. For more information on our Brokerage services please visit us on the web at www.Rhodes-Associates.com
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