What Makes a Good Comp? Pricing a listing correctly is one of the most critical skills a real estate agent can develop. List a home too high, and it sits on the market, developing a stigma that can lead to lowball offers. List it too low, and the seller may leave money on the table. […]
The Hidden Risks of Appraisal Waivers: What Homebuyers and Homeowners Need to Know
March 4, 2025 By 10 Comments
Important Information About Appraisal Waivers Imagine this: You’re buying a home, and your lender offers you an appraisal waiver. You’re told this will save time, reduce hassle, and even cut costs. It sounds like a great deal, right? But what if I told you that skipping the appraisal could lead to overpaying for your home, […]
Why Is the Square Footage in Public Records Different from the Appraisal?
February 11, 2025 By 6 Comments
Square Footage: Why Accuracy Matters Square footage is one of the most critical factors in determining a home’s value, yet it is often misunderstood. Many homeowners and real estate agents assume that the square footage listed in public records is accurate, but that’s not always the case. When an appraiser measures a home, their calculation […]
Appraisal 101: Key Facts You Might Not Know
January 29, 2025 By 4 Comments
Brush Up On Your Appraisal Knowledge Most people have a basic understanding of the appraisal process. If you’ve ever purchased a home or refinanced your mortgage you’ve most likely had to get your home appraised. On the surface it looks like the appraiser visits your home, does some measuring, and looks around. Beyond what you […]
Must-Have Information Required for a Successful Appraisal
December 17, 2024 By 2 Comments
Tips To Ensure a Successful Appraisal When it comes to the home appraisal process, providing complete and accurate information is critical for a successful appraisal. Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations. Whether you’re representing a seller or assisting a buyer, […]
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