Real estate blog entries tagged with appraisal by John Calvert (Desert Sun Realty)

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Home : Blogs : John Calvert : John's Blog : Tag "appraisal"

appraisal: Properties listed 20-40% under market value. - 08/21/07 07:25 PM

I've discovered a search method to find properties in Las Vegas that are listed under market value (Comps) and even quite a few that are under a recent, 3 month or less, appraisal or under comparable sales in the last 3 months. I am using the 3 month guidline as I am seeing that more and more lenders are tightening up their appraisal guidlines to only allow comps from within the last 3 months.
Some examples:
Priced at 849,000 - Appraised at 1.1M. That is about 23% under. I even talked to the appraiser and he will still put it at an easy 1.1M today, … (0 comments)

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John Calvert

Boulder City, NV

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Desert Sun Realty

Address: 1220 Arizona St, Boulder City, NV, 89005

Office Phone: (702) 293-0001

Cell Phone: (702) 324-7133

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