Market Correction or Seller Panic?
Appraisal Buzz
JULY 18, 2022
Assuming a $250,000 loan was committed on December 31, 2021, your monthly payment was approximately $1,007 exclusive of escrow for real estate taxes and insurance. Therefore, it begs the question: what will happen to home values? Sellers are panicking right now which is almost always an opportunity for buyers.
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