Real estate blog entries tagged with appraisal by Benjamin Clark - Exclusive BUYER'S AGENT - Certified Negotiation Expert

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appraisal: To Refinance or Not to Refinance? - 03/25/09 01:48 PM

Many homeowners are tempted to refinance at interest rates that haven't been this low since the 1970s.
Well, should you? Or shouldn't you?
The general rule of thumb has been to refinance if you can save more than 1% on the rate (with no points or fees other than an appraisal, … (5 comments)

appraisal: What to do if an appraisal comes back low! - 04/11/08 11:08 PM

Suppose you are in a transaction and the appraisal comes back low. WHAT NOW?
As a Buyer, you have some options.
Contractually, in Utah, and if you have used the approved Real Estate Purchase Contract and included the Appraisal Contingency, here are your contractual options:2.4 Appraisal Condition. Buyer's obligation to purchase the Property … (0 comments)

appraisal: Who Does the Appraisal REALLY Protect? - 05/17/07 11:21 AM

Most Utah Homebuyers believe that the appraisal is being done to protect the Buyer. Although it may ultimately do so, the appraisal is really to protect the lender.
Appraisers are hired to protect the Buyer's lender(s). A main part of their job is to determine if there is enough collateral value in the property to … (9 comments)

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Benjamin Clark - Exclusive BUYER'S AGENT - Certified Negotiation Expert - SLC, UT

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