Home appraisals no longer derailing sales
Why are appraisals no longer derailing real estate transactions? In South Florida there seem to be two reasons: 1) Appraisals are coming in higher now than they have been in the past few years.. 2) Even when appraisals come in below contract price, buyers seem to be braced and ready to scrounge up (or dig deep into their pockets) to fill in the gap. because if they don’t, someone else can.
In the past, appraisals rarely disrupted a home sale.. It may also make houses cheaper for buyers — though not without more hassle.
An appraisal is an unbiased professional opinion of a home’s value. Appraisals are almost always used in purchase-and-sale transactions and commonly used in refinance transactions.
But the major sticking point in community concern about the land is whether or not its sale will be used to help bolster.
A real estate sales contract has been negotiated between the Smiths and the Rays. The transaction is ready to close.. What exam must be passed to achieve the level of state real estate appraiser?. the borrowers move from the home for longer than 12 months,
Home appraisals no longer derailing sales By Les Christie NEW YORK (CNNMoney) – Consider this one more sign that the housing market is heating up: Appraisers are putting higher values on homes.
Home Appraisals No Longer Derailing Sales. Published on May 20, Home Value, homebuying, housing market, Mortgage, Real estate, Sales, Value 8 Ways the Housing Market Has Changed For 2013. Published on April 29, 2013 by Heather Dalton NMLS#93241 Leave a comment.
Of course no one. willing to hold a house in the longer term. The best way to get an understanding of where your property.
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Consider this one more sign that the housing market is heating up: Appraisers are putting higher values on homes again, allowing for more.
Low appraisals may be chilling home sales. flawed appraisals are derailing real-estate sales. By Dan Levy.. citing longer times between contracts and closings, due in part to appraisals.
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