Appraised Value Appreciation - Seriously? In THIS Market? - 03/12/10 02:22 PM
Without getting into too much detail, I recently had a short-sale property on the market, listed UNDER $100,000. We had an offer 6 months ago, but like many short-sales, the bank took so long to respond that the buyers walked. However I did manage to find out where the appraisal came in before it all fell apart.
Long story short, I submitted a more recent offer to the (same) bank on the (same) house. Since the last appraisal was 6 months prior, they required a new one be done.
Here's the kicker... the appraised value of this home APPRECIATED $23,000 in just 6 MONTHS time!!! That is very nearly 1/3 of … (2 comments)

Spring Has Sprung In Our Local Real Estate Market!! - 03/12/10 12:30 PM
A big part of real estate is anticipating what the market is going to do. Well, I'm here to tell you that the weather is warming up and so is our local real estate market. Now is the time to make your move!
Buyers:  Home showings are up, which means that a great many buyers are already out there actively looking. With the Home Buyer Tax Credit set to expire at the end of April, most of those buyers are on deadline, hoping to take advantage of the Tax Credit before that expiration date. Mortgage rates are also predicted to rise … (0 comments)

 

Michelle Graves

Matthews, NC

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Keller Williams Realty

Address: 118 Morlake Dr Ste 100, Mooresville, NC, 28117

Cell Phone: (704) 507-6781

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