Getting an appraisal for your Punta Cana property, can give you a more realistic expectation for selling your property.
Appraisals are a monetary valuation of your home and they are a necessary part of the selling process. Pricing your own home for a listing is one of the most difficult (and important) things to do before putting your house on the market, so it’s always best to have the home appraised by a professional.
Without employing a professional for an appraisal, it’s possible that you can significantly overprice your home, which will cause a very long wait time for your home to be on the market. Potential buyers might think that you are trying to take advantage of them. Basically, if you overprice your home, it could sit on the market until well after you’ve intended to sell, and you may end up having to sell for less than what it’s actually worth. This wastes a lot of unnecessary time and money trying to come to a decision that would have been avoided with an appraisal from a professional.
No Longer a Cash Only Market
Even though Punta Cana purchases were cash sales, people are now beginning to ask for loans to help pay for their Punta Cana properties- and banks will lend money based only on the appraised value.
Underpricing Your Home
It’s also possible to grossly underprice your home. This means that you could lose a substantial amount of money on the sale of your home, or it could mean that people won’t take your listing seriously because of the irrational pricing. It’s also common for potential buyers to see a very under priced home and assume that there is something wrong with the property or the foundation. All of this can be prevented by getting a proper appraisal.
Here in Punta Cana, we know the real value of your property and location, and we’d be glad to help you with an appraisal. Give us a call if you need more information. We’d love to help you determine what your home is really worth.
Apartments USD 250.00
Villas USD 350.00
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Hours: 10:00 am to 4:00pm (Mon-Fri)
Showings by appointment only!*