Quote:
Originally Posted by TomBarndtsTwin
This.
There's a reason appraisals are usually not done till after the inspection has been completed. They don't matter to the sale price. It's only for the loan.
Save yourself the money and have your agent list it for what you think it will sell for. If you don't get a bite, you can always lower it.
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It's things like this that make a real difference when it comes to using an agent... if the appraisal comes in low and the buyer can't make up the difference, they'll get creative and figure out how to make it work.... versus simply saying you might have to go down in price or whatever.
But yeah, the buyer will do one anyway and a month from now there could be other examples out there and it would be redone anyway, so there's really no point.
And you can do some math on it when it comes to taxes/etc. paid on that mortgage that you won't get back when you sell, versus differences in price, to tell you what makes sense and how long you can wait and still make it worth it, and when you should drop the price to sell.