What if the Appraiser Does NOT Think the Home is Worth the Sales Price

What if the Appraiser Does NOT Think the Home is Worth the Sales PriceSegment 3The market is red hot and sometimes the appraiser does not think the home is worth what the buyer agreed to pay.Yes, it’s exciting and very scary for home sellers at the same time. 2. We have had a few cases where the appraisers have come back and said the home is not worth what the buyer agreed to pay. This can be very frustrating for a home seller. One of our specialties is help home sellers price their homes Realistically vs OptimisticallyAccording to Studies done by NARPricing Optimistically will result in:Longer Days on Market if the Price is Slowly Walked DownBuyers Assuming Something is Wrong with the HomeSellers End up Netting LESSPricing a Home to WIN is a SKILL That Takes ExperienceIf you’re thinking of making a move call Barb Schlinker at719 301 3900 or visit www.BarbHasTheBuyers.comWhat are some things a home seller can do about an appraisal?What is an Appraisal? Opinion Of Value Substantiates for the Lender Home Appraisers are Licensed and Must Use: Similar recent sales Can Adjust for Rising Market Can Adjust for Condition and Many Improvements Things to have Appraisal Success: Neat and Tidy when Appraiser Visits Review the Value at Pricing and at Contract Be wary of OVER ExHuberant Offers unless they have Appraisal GuaranteeBe Ready for Appraisal Conditions: Loan Guidelines 2. Government Loans Conditions: Make sure you have an agent that supports you for the appraisalNot every agent works to support the appraisal.Barb Schlinker is the agent who can help you with great homework on pricing to get top dollar. You can reach Barb at719 301 3900 or visit www.BarbHasTheBuyers.com