Home appraisals no longer derailing sales

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Home Appraisals No Longer Derailing Sales. From Les Christie at CNN Money. "Consider this one more sign that the housing market is heating up: Appraisers are putting higher values on homes again, allowing for more deals to go through."

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CNN: Home appraisals no longer derailing sales. Posted by: realtypro administrator. appraisers are putting higher values on homes, allowing more deals to go through, says Lawrence Yun, chief economist for the National Association of REALTORS.

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Home appraisal isn’t an exact science, but appraisers use a lot of data to make as accurate an evaluation as possible. They evaluate the size, floor plan, and condition of the property, recent comparable sales in the neighborhood, as well as other factors that affect the market, such as recent infrastructure investments.

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Consider this one more sign that the housing market is heating up: Appraisers are putting higher values on homes again, allowing for more.

Unless you are lucky enough to have a cash buyer for your home, you will be subject to the home appraisal process. you may need to lower your price so dramatically that the sale is no longer.

I knew by the time I reached 65 the property taxes would take my entire pension check to cover. It’s sad to work so long, to have a paid-for house and find you can no longer. appraisals were done.

A buyer offered to pay $5,000 above the $189,000 asking price. The appraisal came in above the selling price, Ameer says. source: “home appraisals no longer derailing sales,” CNNMoney (May 15, 2013) Related articles. Home appraisals no longer derailing sales; The Actual Housing Crisis Is the Shortage: For all your real estate needs Email or.

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