Remove Contracts Remove Market Value Remove Reconsideration of Value Remove Valuation
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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. 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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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off. There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. What is a Reconsideration of Value? Read the report!

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The Housing Market Has Become Like the Pymatuning Spillway

Cleveland Appraisal Blog

Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins.

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New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. What If The Appraisal Is Less Than The Contract? There is always the possibility that the appraisal value is less than the contract price.