appraisal values: What do you do when the appraiser measures the home smaller than is advertised? OR, do not order the new carpet until after the appraisal is done! - 03/20/12 07:19 AM
What do you do when the appraiser measures the home smaller than is advertised on the MLS and the appraisal value comes in lower than the contract price?
The lovely couple with two small children fell in love with the home. The right number of bedrooms, open layout and beautiful upgraded finishes. Cul-de-sac lot. Nice-sized yard.  Great neighborhood in DC Ranch in Scottsdale for their family!   It fit all their needs perfectly. The contract and repairs were successfully negotiated with the seller and all was moving forward.  
My buyers asked me if they should go ahead and place the order … (7 comments)

appraisal values: The Top 10 Things to do to Prepare for an Appraisal - 01/04/12 04:42 AM
Appraisals seem to be getting tougher these days. I think everyone has heard of someone whose home "didn't appraise" (for the contract value). This appraiser has some good tips to help make sure you have a fighting chance of meeting that value! And make sure your real estate agent is on top of it!
How To Prepare for a Home Appraisal You’ve just signed all of the paperwork for your refinance, handed the loan officer the check for the appraisal, and now you’re wondering what is going to happen next. Good news-the appraisal inspection is painless, and usually takes anywhere from … (4 comments)