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Working with buyers in the nation’s hottest housing market

Housing Wire

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. And all of those prospective homeowners flocking to the city are fighting for the same small pool of houses.

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Should Home Sellers Get an Appraisal Before Listing? Here’s Why It’ll Cost You

Realtor

“The collateral for the loan is the home, so lenders require an independent appraiser to inspect it and advise on its value,” explains Michael Drake , president of PMG Home Loans. And they may not accept an appraisal that the seller did at the time of listing.”. The final word?

Sellers 111
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Should Home Sellers Get an Appraisal Before Listing? Here’s Why It’ll Cost You

Realtor

“The collateral for the loan is the home, so lenders require an independent appraiser to inspect it and advise on its value,” explains Michael Drake , president of PMG Home Loans. And they may not accept an appraisal that the seller did at the time of listing.”. The final word?

Sellers 78
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4 Ways To Improve Your Home's Appraisal

East Coast Appraisal

Fortunately, you can take several steps to improve your home's appraisal. A higher appraisal value means you can sell your home for a higher price, which can result in a larger profit for you as the seller. Also, update your insulation and add home chargers for electric vehicles.

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Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

You can employ his strategy which is to offer to make up any shortfall in the appraisal with cash from the buyer to pay the seller, go with a new lender, appeal the appraisal which hardly ever works unless there factual errors as suggested by Mr. Goldberg or might I suggest an ounce of prevention is worth a pound of cure as quoted by….

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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

In Columbus, many commercial real estate owners are excited when asking the question, “What’s my commercial property worth?”. Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. A recent change by the U.S.

Investing 138
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Appraiser Liability Risks

Appraisal Today

From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making. The models aren’t able to think like buyers and sellers.