Lamacchia Realty

MARCH 12, 2024

They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Lenders lend based on the appraised value or purchase price (whichever is lower), so if you offer based on the higher list price, you’re responsible for covering the difference. Real estate is a long game.

Buyers 70

Buyers Inspection Sellers Real Estate 70

Birmingham Appraisal

FEBRUARY 20, 2024

One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy. Related posts: The Pitfalls of Outlier Sales in Pricing a Listing What is bracketing and why should Realtors do it?

Agents 86

Agents Appraisal Real Estate Agent Bracketing 86

Clear Capital

NOVEMBER 14, 2022

Delays in responding to revision requests can have a serious impact on all lending parties during the review process. This strategy often backfires because parties involved in the lending process cannot find the specific information they are looking for in the report. Do careful pre-inspection research.

Appraisal 69

Appraisal Lending Bracketing Appraisal Process 69

Lamacchia Realty

JANUARY 10, 2022

They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Lenders lend based on the appraised value, so if you offer based on the higher list price, you’re responsible for covering the difference. Consider Waiving Inspection. Shorten Contingency Time Frames.

Sellers 72

Sellers Buyers Inspection Bracketing 72

Lamacchia Realty

FEBRUARY 22, 2023

They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Lenders lend based on the appraised value or purchase price (whichever is lower), so if you offer based on the higher list price, you’re responsible for covering the difference. Real estate is a long game.

Buyers 41

Buyers Sellers Inspection Bracketing 41