Common appraisal mistakes new agents make Are you a new real estate agent? Are you unsure about the appraisal process? If you answered yes to these questions then this post is for you. There are numerous potential appraisal mistakes new agents make but by becoming familiar with the items discussed here you can reduce the […]
An FHA appraisal is not a home inspection
June 22, 2017 By 4 Comments
FHA appraisal is not a home inspection I received an interesting question from a reader recently that I thought I would share with you today. This particular situation involved an FHA appraisal and the condition of the property. The buyer did not want to spend money on a home inspection and wanted to know if the […]
An appraiser’s take on the fixer upper craze
May 11, 2017 By 11 Comments
Fixer upper appraisal considerations The fixer upper home is all the rage these days. With the popularity of the HGTV show “Fixer Upper” starring Chip and Joanna Gaines, it seems everyone wants to get in on the action. This show seems to be popular because of the endless possibilities you have to take the worst […]
7 Reasons sales contracts come in higher than appraisals
May 3, 2017 By 13 Comments
Top reasons sales contracts come in higher than appraisals I hear agents make the statement all the time that “the appraisal came in low” or “the appraisal was lower than the contract price”. I always get the impression that the people who say this believe that the appraisal is wrong, however, today I would like […]
5 Reasons to price your home accurately from the start
April 19, 2017 By 6 Comments
What are the top reasons to price your home accurately? In study after study, it is proven that one of the biggest reasons for a home not selling is that it is overpriced. An overpriced home typically sells for less and takes longer to sell, so who wouldn’t want to price their home accurately? It is […]
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