Posts Tagged ‘appraisals’

Home Prices are Up, but There’s a Challenge

Thursday, April 21st, 2016

Home prices continue to climb and are projected to increase by about 5% over the next twelve months. That is great news for anyone who owns a home. However, it could present a challenge for a family trying to sell their house. Some buyers can get excited, over zealous or even desperate with the multiple offer situations […]

The Trouble With Appraisals in this Real Estate Market

Tuesday, March 22nd, 2016

  In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal. Because prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the […]

The Trouble with the Appraisal

Tuesday, February 9th, 2016

Every home has to be sold twice: first to the buyer then again to the bank holding the mortgage. Of the many deadlines during a home buying transaction, one of the most stressful is the appraisal.  An appraisal is a value estimate on a home conducted by a licensed professional hired by the bank who […]



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