Getting a home appraisal estimate online could save you thousands of dollars when buying or selling your home. Many people have no idea how much their property or the house they are buying is worth until it is too late. This article will explain why you should get a home appraisal quote and how to get one for free.

Buyers typically offer less than what is being priced on the property, but the truth is, they could still be overpaying. The best thing you can do as a buyer is to get an appraisal on your home before placing an offer. Traditional home appraisals cost more than $ 250, but you can get a free estimate by using one of the online property value websites. If you get an estimate from a couple of these sites and combine the estimate from your real estate agents, chances are you have a pretty good idea of ​​how much it’s really worth. Then bid a little lower than the estimated value. If the seller does not accept your offer, show them the estimates you received.

If you are selling your home, you need an appraisal to put a proper price on it. The number one reason it takes so long to sell is that they are priced too high. If you want to sell fast, you must price correctly. I recommend asking your agent for a quote, but also use online appraisal sites to get a couple of values. Then average them together and set the price 2 percent less than the calculated value. This will bring more bids and probably a bidding war.