Sat.Oct 28, 2017 - Fri.Nov 03, 2017

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How to Handle a Low House Appraisal and Not Lose Your Dream Home

Realtor

Kenishirotie/iStock It’s disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on. Your loan will cover only the appraised value of the home, so having to cover tens of thousands of dollars more than you anticipated could throw a serious wrench in the plan. Here’s what to do if the home you made an offer on appraises low.

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Real Estate Appraisal Resources: The Ultimate List

Realvals

The following is a list of real estate resources compiled for the purpose of having a quick reference to these sources. I will be adding to the list as needed so come back often. Appraisal Organizations. Appraisal Foundation (TAF). Appraisal Subcommittee (ASC). Appraisal Institute (AI). American Society of Appraisers (ASA). American Society of Farm Managers and Rural Appraisers (ASFMRA).

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The Lightning Capital of the Country is Heating Up for Real Estate Investors

Patch of Land

Some say that Tampa, Florida is the lightning capital of the nation. But, lightning doesn’t have to strike twice for investments to pay off in this economy. An affordable housing market, access to beautiful beaches, and a low unemployment rate make Tampa a place to keep on your investment radar. The housing market in the Tampa-Saint Petersburg continues to strengthen.

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How to Handle a Low House Appraisal and Not Lose Your Dream Home

Realtor

Kenishirotie/iStock It’s disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on. Your loan will cover only the appraised value of the home, so having to cover tens of thousands of dollars more than you anticipated could throw a serious wrench in the plan. Here’s what to do if the home you made an offer on appraises low.

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Tune Up Your Product Knowledge

Patch of Land

You can grow your business in a rising-rate environment. Mortgage interest rates are on the rise. This is presenting a new set of challenges for mortgage originators and home-buyers who have become accustomed to historically low rates. Although rising rates might slow home sales, a growing economy and a healthy housing market should provide some relief.

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