Myths & Facts About Your Home Appraisal

    When it comes to selling your home, the process can become quite daunting and complex. We’re faced with multiple showings, closing contracts, and last minute details. But often in this chaotic procedure, we tend to lose understanding of certain roles in the selling process — especially around the home appraisal. Here are some myths and facts about home appraisals in the San Diego area:

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    Myth: The appraiser works in the interest of the buyer.

    Fact: In reality, the appraiser is there for the lender. The appraiser looks at the home in question to ensure that the lender does not loan more money than the property is truly worth. It is possible for the appraiser to give a price lower than what the lender is willing to pay.

    Myth: Anyone can appraise a home.

    Fact: The vast majority of states (if not all) must have licensed personnel to conduct any home appraisal. In fact, in California, any person who appraises a home not only needs to be licensed; they must also complete 2,000 hours of supervised on the job training. Any appraiser in California is assuredly well prepared to complete the task.


    Myth: A clean home means a good appraisal.

    Fact: Appraisers have little concern over how clean your home might be. They are looking for more structural problems, chips in the wall, or any other major problems. They also consider your home’s size, style, and location. A home closer to a good school will often receive a better appraisal than a home that is far away. The thing to worry about it not your home’s cleanliness, but any repairs that need to be made.

    Myth: An appraiser is the same as a housing inspector.

    Fact: The appraiser is just what their title suggests — an appraiser. Yes, they are qualified to appraise a home, however, there are significant differences between an inspector and an appraiser. For instance an appraiser is not qualified to examine the wiring of a home whereas that is well within an inspector’s realm. It is the inspectors job to find all problems in every aspect of a building while the appraiser merely looks at the visible aspects. Inspectors might go into a crawl space or attic while appraiser won’t.

    Selling Your Home in the San Diego Area

    If you’d like to learn more about the home selling process in the area, contact us or read our free home seller’s eBook:

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    Our agents write often to give you the latest insights on owning a home or property in the San Diego area.