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An appraisal is a report that states the fair market value of a property. It's typically required during a home purchase as a condition for mortgage approval. If an appraisal comes in low, that means the appraised value is lower than the price the buyer and seller agreed to. Lenders will typically only provide a…
A home appraisal determines the value of a home. Appraisals are common in real estate transactions, and they’re often required by lenders as part of the mortgage approval process. Here are some scenarios where you may need a home appraisal: In this article, we’ll look in more detail at what a home appraisal is, when…
When selling a house, it’s important to understand what makes a good offer from a buyer. While the sale price is important, that alone isn’t a guarantee of the best offer. Factors like contingencies, the closing timeline, and the earnest money deposit are also important. A real estate agent can help you determine what’s a…
When selling a house, negotiating effectively with buyers is essential to ensure you get the best price and terms. Fortunately, when you have a listing agent, you don’t have to do the negotiating yourself. Realtors already know how to negotiate a home sale, and they’ll be the ones communicating directly with buyers and their agents.…