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Home » Posts Tagged "Appraisal"
Jun06 0

Appraisal & Home Owners Agree!

Posted by Sam in Buying a Home, Local Experts, Mortgage Info, Real Estate, Selling a Home, Uncategorized

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate  by another 5% (or more) over the next twelve months. One major challenge in such a market is the bank appraisal. When prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the same neighborhood that recently closed) to defend the selling price when performing the...

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