You have an accepted offer. Now, commence holding your breath while you wait for the appraisal…
(Scary music plays in the background….) Dun dun daaahhhhhh…..
We had two deals terminate JUST today. Accepted offers rolling toward the closing gates but the buyer cannot get a loan on a property if the appraiser doesn’t say it’s worth what the buyer would like to borrow. This makes sense… lending money can be risky business, so lenders have to exercise some caution.
There is a lot of time and energy (not to mention emotion and excitement) that … (0 comments)
Market Action Report – Silverton / Stayton / Woodburn Market Action Report – Areas 90 & 95 Market Action Report – Salem Area
Do you have a specific need for area trends or statistics in the Willamette Valley? We have all sales (including FSBO sales) at our fingertips and we’re happy to help.
50.3% of all sales transactions were ‘distressed’ last month in Marion County It took an average of 205 days for banks to sell an REO property once they took it back and 480 total days from 1st NOD to REO Sale
Need other stats or property sale analysis that includes FSBO information? We’re here for YOU! … (0 comments)
;)
;)
;)
