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It feels messy that concessions information is no longer in MLS, there’s some confusion about how appraisers are handling some of this, and we have a new question to ask. UPCOMING SPEAKING GIGS: 10/18/24 […] The post The hot mess of concessions in real estate first appeared on Sacramento Appraisal Blog. Well, sort of.
I also have some market recap visuals to unpack what’s been happening in 2024 so far. UPCOMING SPEAKING GIGS: 2/19/24 Matt the Mortgage Guy YouTube […] The post The challenge of pulling comps in 2024 first appeared on Sacramento Appraisal Blog. Pulling comps in 2024 is tough. Think about it this way.
Not all home appraisals – and those who conduct them – are created equal. The home is under contact, seller and buyer have agreed to terms. CoreLogic said the more typical figure for low appraisals in the U.S. housingmarket is 7% of all mutually accepted contracts. Home AppraisalTips for Buyers ).
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….
You can showcase the appraisal report in your marketing materials, assuring potential buyers that your home is priced accurately and fairly. Adding the pre-listing appraisal report to your listing can attract serious buyers who are confident in the value of your home.
Sellers, did you hear that? It’s easy to fixate on the median price, but when appraising in neighborhoods my trendlines are also showing a sharp change. As I talked about recently, I am definitely selecting the “declining” box in my appraisal reports.I My additional marketing comment: Get a FREE Google Business Listing ASAP.
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