Remove Bracketing Remove Buyers Remove Market Value Remove Valuation
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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

Understanding the Role of the Real Estate Appraiser When a home buyer finds a home they would like to purchase and have the need to obtain financing they will work with a lender. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.

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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For buyers, it could mean a potential bargain. There is a difference.

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Appraising Fixer Uppers

Appraisal Today

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Worth reading.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. We’ll have to cut price or find another buyer. It’s important to note that we’re in this situation in the first place because we didn’t get a cash buyer. What just happened? 3) Bargaining—I can fix this! It’s not fair.