So what do you do when the appraisal for the mortgage comes in low? Here are some tips to help keep the transaction together.
Infographic that explains the home selling process.
I am often asked this question by both buyers and sellers. Buyers wonder why they are paying for two different reports that they think are the same thing. Sellers question why an appraiser didn’t find a deficiency in a home that the home inspector did. The best way to start this discussion is to define the purpose of each document and for whom it is being prepared.
Over the past couple of years, homeowners have been able to go online and obtain an estimate of their home’s value in the span of about 30 seconds. Just type in an address and a value is delivered to your computer screen for your viewing pleasure. But how accurate is the value?