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This article first appeared in the June issue of National Mortgage Professional Magazine. . The home appraisal has been requested…the waiting begins. Will the appraiser give credit for all the upgrades in the home? Is the appraiser familiar with the neighborhood? Will the appraised value be sufficient for the loan?”.
This article first appeared in the June issue of National Mortgage Professional Magazine. . The home appraisal has been requested…the waiting begins. Will the appraiser give credit for all the upgrades in the home? Is the appraiser familiar with the neighborhood? Will the appraised value be sufficient for the loan?”.
As I stated previously, if agents can follow the same methods that an appraiser does when choosing comps there is less likelihood that there will be large differences between the final mortgageappraisal and the contract price. Conclusion These tips for choosing comps are the ones that come to mind immediately.
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