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appraisals coming in low on a home purchase: -= Tips on avoiding an appraisal issue for your home purchase, or overpaying for your new home =- - 01/25/10 06:52 AM
When you plan on purchasing a home using mortgage money it doesn't matter what type of mortgage you are applying for (FHA, VA, Conventional) - your mortgage lender is going to order an appraisal of the homes value.   They will want to make sure that the amount of money you are asking to borrow is not more than the home is worth in todays market.
 
Below are a couple of things that I do as a buyers agent to help make sure that my buyer clients are not wasting their time and money on a home prior to writing the … (10 comments)

appraisals coming in low on a home purchase: Inspections, Appraisals & Reviews - oh my! What a buyers agent can do to help ease the process and the stress in purchasing your home. - 07/19/09 06:19 AM

If you've read anything about purchasing a home in Macomb County MI over the last few months then you've certainly come across many articles detailing the difficulty in getting the mortgage loans through the processing end of things.  Some of the areas in which your buyers agent (you do have one don't you?) needs to provide their expertise and help to ease the stress are with the inspections that you will have, and the appraisal & appraisal review process:
Your home inspection:  As a buyers agent in Macomb County MI , I will provide to you a list of … (33 comments)

appraisals coming in low on a home purchase: Negotiating an offer to purchase - something that makes me want to shout "NO" - 03/01/09 06:30 AM
The other day I was in a Macomb County MI real estate office (I won't share which office) when I overheard a conversation taking place by an agent and his buyers (paraphrasing below):Let's just write the offer and get it accepted.  We know it really doesn't stand a chance getting past the appraiser price wise, so at that point we'll just go back and tell the seller that they have to accept the appraised price. It took all I could to not go into that adjoining conference room and give my 2 cents about this tactic. 
 
In my opinion I … (71 comments)

 
Kris

Kris Wales - Macomb County MI real estate blog & homes for sale search site

Macomb, MI

More about me…

Keller Williams Realty - Lakeside Market Center

Address: 45609 Village Blvd., Shelby Township, MI, 48315

Office Phone: (586) 536-5453

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A partner for your real estate
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Looking for a full time real
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