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physical inspection: Unreasonable Appraisal Issues During Short Sales - 06/29/10 02:39 PM
Every once in a while, an appraisal issue comes up that leaves you scratching your head in puzzlement.  On our latest short sale, the appraiser clearly didn't want to bring the appraised value of the property in at the asking price (and, incidentally, the price the buyer was willing to pay).  Even though I provided excellent comps that sold well above the asking price of my listing, the appraiser was somewhat irritable and rushed through his evaluation of the property. 
When the appraisal came back, wonder of wonders - it came in $5,000.00 less than the asking price.  And, to make matters … (1 comments)

physical inspection: How Important Are Home Inspections When Divorcing Couples Are Selling Their Home? - 06/26/10 02:56 PM
How important are home inspections to a divorcing couple who are selling their home?  Well, if the property is being split as part of the couples' assets, or if one of the spouses wants to keep the house, then a home inspection is vital. 
The divorcing couple needs to know the "true value" of the home - not just the appraised value.  An appraiser does not do a physical inspection of the property, and therefore cannot tell the sellers exactly what is wrong with the property, nor how much the repairs will cost. 
If the couple intends to sell the … (0 comments)

 
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Michele Ashbarry

San Diego, CA

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Realty Partners

Address: San Diego, CA

Office Phone: (760) 440-9812

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