appraisal tips for sellers: Appraisal Tips for Agents and Sellers to Protect the Contract Sales Price - 12/21/12 03:06 AM
One of the main reasons that buyers are not closing escrow these days is because of poor appraisals. We all hear about out-of-area appraisers who don't know the local market, use of distressed-sale properties to appraise a property that is not being sold under distress, and lack of comparable sales. The key to a good appraisal is using accurate comparable sales to arrive at an appropriate price for the property in question. So here are some appraisal tips below for agents and sellers that will help protect the contract sales price!  
34% of Transactions are Affected by Bad Appraisals