|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 770-554-7230.Virtual Property Panorama Tours.
|

Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
|

"WOW. What an awesome realtor...." Every step of the way his TEAM and I mean TEAM were there and ...I felt like the most important customer they had. west_seth Read Quote >
|
Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
Myers Team Realty are some of The Top Selling Real Estate Experts Find Out More > |
|
|
 |
Special Offers From Us To You! Just for you, we've assembled some Special Offers. Choose one or all!
Free List of Foreclosures
Supply us your name & email or phone number and city so that we may send you a free foreclosure list.

About Appraisals >Working With Appraisers
After the buyer and seller come to a "meeting of the minds" on the price of a house, there is one more person who must be convinced that the house is worth the selling price--the mortgage company's appraiser.
The appraiser looks for three similar houses that have sold in the same area within the last several months, and compares the selling prices of these homes with the one that is now on the market. The appraiser makes adjustments to account for the differences in each property, and averages the adjusted prices of the other three homes to arrive at a final opinion of value. In subdivisions or condominium projects where there are many similar properties and numerous recent sales, the appraiser's job is relatively easy. In neighborhoods of older homes that have been renovated or remodeled over the years, it can be like comparing apples and oranges.
If the appraiser's evaluation is lower than the selling price, it can stall the transaction because the lender may decline the buyer's loan because of the discrepancy. A real estate agent can work to minimize potential delays associated with the appraisal process by helping the seller to price the home as close to fair market value as possible.
|
| Q |
What unique type of home is making news as an affordable, environmentally-friendly housing alternative?
|
| A |
Straw bale homes may well become the non-toxic, affordable home of choice in the future. |
See More Real Estate Trivia > |
|
|
|
|