Real Estate Appraisals – The Quick and Painless Way | Bahamas Real Estate

We all hate that visit to the dentist to have a tooth filled or pulled; even worse, to have a root canal done. First, that long sharp needle, followed by the sound of the dreaded drill, then the anticipation of pain.

I hope no one thinks of a visit by the appraiser in the same light. But in the event that someone does (and also for those who are afraid to admit it), here are a few easy tips to make the process easy and painless:

• Table of Contents

  Clear away the clutter

An appraiser will take photos of the interior of the house, particularly the kitchen, living room, dining room, bedrooms and bathrooms. This is particularly so when a bank is providing financing. They require independent verification, both written and pictorial, of the condition of the house.

Even after the usual cleaning up – dishes washed, counters wiped, garbage emptied, tubs, toilets and sinks cleaned – there will still be some clutter. That’s the “stuff” we like to keep handy – bunch of keys and newspapers on the counter, remote controls on the sofa, condiments on the kitchen counter – stuff that we use every day and keep handy because we use them so often.

The homeowner’s eye becomes used to this “stuff” because it’s there all the time. They become part of the scenery. But the camera picks up everything, and the photos will show all the “stuff”.

So, before the appraiser comes, get a large bag and pack all the “stuff” away. After the appraiser leaves, feel free to re-clutter at will.

• Brighten up the rooms

Allow as much sunlight in each room as possible. This will allow for clearer pictures and a happy appraiser. Lifting the blinds and opening the curtains will do. For those interior rooms that may not have a window, or there is little natural light coming into the room, turn on the lights and table lamps. While you may be quite BPL-conscious, the few minutes of lighting won’t have a major impact on your electricity bill at the end of the month.

• Secure all pets

It’s amazing how many dog-owners say; “Don’t mind him; he doesn’t bite” about a dog that is madly barking and chomping at the bits at the thought of sinking his teeth into the appraiser’s leg. Dow-owners, you are correct. He doesn’t bite………you! That is no guarantee for the appraiser. Besides, the appraiser being overly conscious of the presence of a four-legged creature may lead to rushed shots and incorrect measurements, all in the cause of safety. So, for those indoor creatures, give them a timeout in the utility room. And for the outdoor variety, a strong short chain will do nicely, if a kennel is not available. The only thing the appraiser should have to watch out for should be any pooh hiding in the grass.

• Have the yard cleaned

A part of the appraisal process requires measurement of the exterior of the building, as well as a walk about the property. This all goes much easier if the grass (or the weeds) is cut, shrubs are trimmed back and all areas of the yard are generally available and accessible. Besides, the appraiser would like to spend time picking shepherd needles and other stick-to-your-pants leg stuff after he is done.

• Prepare for a short quiz

The appraiser needs to know some vital information about the building: When was it constructed? How old is the roof? Were there any renovations and/or expansions? If so, what work was done? These, and other similar questions, will assist the appraiser in completing his report and ensure that the conclusions are based on accurate information.

Following these simple tips will help to make your appraisal process painless and enjoyable. Here’s wishing you a favourable valuation! If you are in need of an appraisal contact Raymond Antonio 456-5835 or raymond@bettermcrbahamas.com