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When Appraisal is Lower than the Contract Price

By Lilas "Lela" Ashkarian

Real Estate Agent with Coldwell Banker Schmitt Real Estate 622790

February 24, 2021 11:02 AM

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4 Options when Appraisal is Low

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory of homes available for sale is down 25.7%.

When Appraisal is Lower than the Contract Price

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Lilas "Lela" Ashkarian

Ashkarian PA, ABR, CRS, E-PRO, GRI,SFR

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Author Bio: Search Florida Keys Homes www.SearchFloridaKeysHomes.com Lela Ashkarian, Realtor in Marathon, Key Colony Beach, Duck Key Ocean Front Homes, Coco Plum and Islamorada Beach Front Properties. International President's Cirlce Award,Coldwell Banker, is a Top producing agent in Florida Keys real estate market serving the community since 1983. Author of The Crossing, Living a Life without regret in Key Colony Beach.

Coldwell Banker has recognized her sales achievements with their Diamond Award, President's Circle and President's International Award. Certified Residential Specialist (CRS), Graduate of Real Estate Institue (GRI), Internet Professional (e-PRO), Coldwell Baker Previews and Resort Property certifications, meaning that she has gone through specialized training to be an authority on the area's many high-end luxury homes. The difference between highly successful people and the so called "average Joe" is to take action when the time is right here and right now. "Lela Differentiate from others. - Being more Prepared - Being more Engaging - Being a better communicator - Asking better Questions - Having a deeper Belief System - Providing More Perceived Value - and by The creative ideas she presents that are better than the others". Joshua H. J I already imagine you smiling having stepped through the entrance door, being flooded by enthusiastic feelings that this diamond is yours and as I congratulate you on having bought an luxurious and exclusive property you will be happy with long term I also am very happy that you want your friends and colleagues to unleash similar feelings on their own. That's why many of my satisfied clients realize that these experiences are bound to be unfolded for many they care for and appreciate, so they recommend them to me that they also will be happy as you initiated the first step like you did for yourself here by calling me. Looking forward to receive your call ready for action to turn your dream into reality. Lets go for it.

Author Bio: Michael George earned two bachelors degrees at Oakland University, in Rochester Hills, MI. One in Political Science and one in Management Information Systems. Michael George consults with professionals on their Google marketing efforts.