Housing Wire
APRIL 13, 2021
“If a seller has those multiple offers, they are looking first at cash offers and may even consider a lower cash offer because they don’t have to worry about the property appraising for that price,” Garrett said. “If Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap.
Appraisal Hub
AUGUST 25, 2024
When someone wants to find out how much a property is worth through property appraisal, one of the factors that most influences price is its location. What is a Property Appraisal? A property appraisal is when experts, called appraisers, come to your property and figure out how much it’s worth.
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Housing Wire
JUNE 4, 2021
The winning buyer also waived appraisal and financing contingencies and dropped off cupcakes that matched the interior colors of the house, which was a nice touch because the seller is an artist and the home is unique and colorful.” . “If “We received about a dozen offers, which is actually a low number by today’s standards.
Housing Wire
APRIL 8, 2021
According to Matt Sharp, Area Lending Manager at Citi, “It’s really important when you are in the buying process that lenders have a communication with not only the buyer but also with their realtor,” Sharp said. This is a bit of a gamble since the buyer won’t know for sure if they have to use the money until after the appraisal.
Housing Wire
JANUARY 14, 2022
Cignarale noted signs of cooling off, including some properties appraising for lower than expected and once desperate buyers no longer waiving home inspections. Agents claim that buyers are leaving pricey, big cities for Rochester including “boomerang buyers” who grew up in Rochester but moved away. “We
Housing Wire
AUGUST 11, 2020
However, if sellers are willing to take the time to do repairs, the appraisal can be conditioned and brought back up. “If If it’s truly a C5 property, it’s going to be difficult for someone to sell the property without selling it at a significant discount.
Appraisal Buzz
MAY 24, 2021
When you calculate a house’s worth, you think about how numerous factors position the property in the current market. This process has appraisers review location, condition, and other variables so they can assess whether buyers will be interested. These properties are not for owner occupancy.
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