Whether you’re an estate sale professional or just someone who has a lot of stuff around the house, it’s easy to overlook the value of your home inventory. You may be scared that they’ll end up in a landfill if they’re not sold, or you might think that having your possessions listed on the market won’t make any difference in their value. But keep in mind these points recommended by https://obesetuber.com/ :
Your home inventory is free for all listing professionals. It is also completely confidential and can be done at any time after purchasing your new home or remodeling the one you already have.
Home inventory
Your home inventory can make a real impact on the value of your home. In fact, the average increase in value from a home inspection is 1.9%. If you live in a state where a home inspection is required for all real estate transactions, then an inventory can be even more valuable. It will give you peace of mind knowing that you have a detailed list of your belongings while also giving you documentation for your new purchases or remodeling jobs.
Your inventory will give you peace of mind if disaster strikes! Whether it’s an earthquake or hurricane, an insurance policy will only cover so much. Your home inventory is an invaluable record of your possessions and will help you still be able to live comfortably after the fact.
Your home inventory can make your estate sales easy and profitable. Having a list of all your belongings on hand will make the entire process much simpler, and it adds value to everything you own. Your home inventory will also help eliminate time wasted on unsellable items that may have been overlooked or forgotten.
Original inventory records
Finally, keep in mind that having a home inventory won’t cost you anything, and it can be done at any time after you purchase your new home or remodel the one you already have.
If you live in a state where a home inventory is required, the document will have to be less than three years old. That’s because you’re required to keep your original inventory records for at least three years from the date of purchase or remodel.
If you have a lot of household items that are damaged or missing, then it can be very beneficial to have an inventory performed immediately after the disaster. For example, if you had a fire at your home, then it would be a good idea to get an inventory done right away so that your insurance company can start working immediately.
It is not necessary for every member of your household to participate in this process. Only one person can do the inventory, and it can be done at any time after your purchase or remodel.
Professional appraise
Even if you have a home inventory, a full insurance appraisal is still a good idea. Having a professional appraise your home’s true value will give you an idea of what it’s worth in the current market. It also ensures that the insurance company is giving you the accurate value of your belongings after a disaster.
Finally, even if you have a home inventory, it is still a good idea to hire a professional estate sale company. Having professionals take care of the whole process from start to finish will give you ample time to go through each item and decide what is worth keeping. This will also allow you to have a better idea of what items you’d like to sell.
Having a home inventory can save you money in the long run. If you have a lot of stuff, then it’s easy to overlook the value of many items because you weren’t paying much attention when you brought them home from the store. An inventory will help you get a better idea of what your home is really worth.
Home inventory costs
Finally, knowing that your possessions are being taken care of is very comforting. Even if disaster strikes, knowing that your belongings will be in good hands makes it easier to deal with the situation and move forward in a positive manner.
The average home inventory costs between $20-$40 per hour. That puts the total cost of an inventory between $200-$400.
An experienced professional home appraiser will be able to tell you exactly what your belongings are worth, how much you should have on hand for emergency situations, and the value of your home. Keep in mind that it may be a good idea to use multiple companies for comparison purposes if you do decide to hire a professional appraiser.
Invaluable guide
That is why it’s important to know what is included in your home listing contract before agreeing to anything with any company. Make sure that they include an itemized list of everything they plan on selling, including the most expensive items in your house.
A home inventory can be an invaluable guide for your entire household or just one person if everyone else isn’t ready to part with everything. You can do one at any time after you’ve moved in or remodeled your home, and the benefits are numerous.
Stop in to your local estate sale company and ask about having a home inventory done. This is a free service that’s available to every listing professional. If you’re not sure what type of company to hire, then make sure they have experience working with home inventories. This way you’ll get the most out of this valuable service and have a detailed record of every item in your home.
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If you want to save time and frustration in the event of a burglary or natural disaster, then it’s important that you take some time now and create a comprehensive home inventory.
