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Tips for Homeowners Concerned About Appraisals Below Contract Price

Will Springer Realtor

CoreLogic said the more typical figure for low appraisals in the U.S. housing market is 7% of all mutually accepted contracts. This is one of the rare moments when sellers and buyers are united in declaring their mutually agreed price is fair and accurate for today’s housing market. and “shoot!”

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Top 10 Benefits of Getting a Pre-Listing Appraisal Before Selling Your Home

Birmingham Appraisal

Providing a pre-listing appraisal demonstrates your commitment to transparency and honesty in the transaction. This can provide you with a more favorable reputation among real estate agents and buyers. The pre-listing appraisal showcases your dedication to a fair and transparent sales process.

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Unacceptable Appraisal Practices from Freddie Mac

Appraisal Today

This doesn’t mean every property is literally worth 12% less, but I have to say the change is sizeable when looking at neighborhood comps lately and hearing feedback from real estate agents. It’s easy to fixate on the median price, but when appraising in neighborhoods my trendlines are also showing a sharp change.

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How to Build Equity in Your Home

Chicagoland Appraisal Blog

But there are also some factors that determine what your house is worth that are out of your control, like the location and popularity of the particular housing market. We gathered tips from experts in the field to share what they find to be the most effective ways to build equity in your home. .

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Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

I don’t quite understand how a perceived shortage of appraisers is contributing to the main problem which is “the appraisers aren’t keeping up with rising prices”. I wonder what quote we might receive from Mr. Gregory if market prices were declining. That being said tangent finished and back to the point.