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

Lamacchia Realty

MARCH 12, 2024

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Speak with your lender to determine the earliest mortgage contingency date.

Buyers 70

Buyers Inspection Sellers Real Estate 70

Genworth MI Blog

NOVEMBER 29, 2018

Recently, the rural housing landscape has sparked discussion about its lending, affordable housing availability, housing shortages and outreach to underserved demographics. Consequently, probabilities suggest that a majority of mortgage underwriters are also from urban/suburban areas. I refer to this approach as high-level bracketing.

Appraisal 78

Appraisal Marketing Training Bracketing 78

Genworth MI Blog

NOVEMBER 29, 2018

Recently, the rural housing landscape has sparked discussion about its lending, affordable housing availability, housing shortages and outreach to underserved demographics. Consequently, probabilities suggest that a majority of mortgage underwriters are also from urban/suburban areas. I refer to this approach as high-level bracketing.

Appraisal 78

Appraisal Marketing Training Bracketing 78

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. Speak with your lender to determine the earliest mortgage contingency date.

Sellers 73

Sellers Buyers Inspection Bracketing 73

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