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prelisting appraisal: LISTING AGENT ADDS PRE-APPRAISAL SERVICE TO LISTING PRESENTATION AND HERE'S WHY... - 11/01/11 08:43 AM

 
THINKING OF SELLING??
 
Are you thinking of selling your home? Even though you and the buyer may come to an agreement on the price, it is not uncommon in today's real estate market for an appraisal to be lower than the agreed upon contract price. When this happens, the buyer may no longer qualify for the loan amount and the deal can fall apart. What exactly does this mean and how does this happen?
 
Due to many short sales and foreclosures driving down appraisals, the above scenario has become somewhat common. Also, the Home Valuation Code of … (4 comments)

 
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Coni Otto, CRS Selling in DC/MD/VA

Burtonsville, MD

More about me…

Long & Foster Real Estate, Inc.

Address: 3901 National Drive, Suite 170, Burtonsville, MD, 20866

Office Phone: (301) 384-8700

Cell Phone: (240) 483-7556

Email Me

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