While
a low real estate appraisal does not happen often, when it does you will want to know what to do.
Not exact matches
In the current
real estate market, this a common reason for
low property
appraisals.
If you're presented with two different
appraisals from two
real estate professionals, you should base your offer on the
lower of the two.
Low property
appraisals are the topic du jour in the
real estate world.
Today, for example, nearly a dozen major news outlets ran stories about
low appraisals on their
real -
estate front pages.
Each month, about 1 of every 10
real estate agents reports that
low appraisals scuttled a home sale, according to the National Association of Realtors.
The National Association of REALTORS ® reported that 16 percent of
real estate professionals surveyed in June reported a cancelation in a sale, mostly due to a large number of
low appraisals.
The National Association of REALTORS ® reported that 16 percent of
real estate pros surveyed in June reported a cancelation in a sale, mostly due to a large number of
low appraisals.
Read more about how to handle another possible deal killer —
low appraisals that threaten
real estate transactions.
Filed Under: Quarterly Housing Reports, Western Livingston Parish Housing Reports Tagged With:......,..., 70706,
appraisal, Appraiser, Association, average, Average sales price, Average Sold Price, Baton Rouge, Baton Rouge Association, chart, contract listings, denham springs, Denham Springs Watson, distressed sale, easterly lakes, Easterly Lakes Subdivision, GBRMLS, Greater Baton, Greater Baton Rouge, high price, High Sales Price, home, Hurricane Katrina, Hurricane Katrina pricing, information, LAKES, Lakes Subdivision, listing price, Livingston, livingston parish, Livingston Parish Denham,
Low Sales Price, market, market direction, Median, median sale price, median sold price, NAR National Association, National Association, Page Drive, Parish Denham Springs, Pending Listings, period, post hurricane, post Hurricane Katrina, Pre-Listing
Appraisal, Price Per Sq, Price Trends,
real estate, Real Estate Investors, Realtors, reason, report, Report On Easterly, sales, Sales activity, Sales Price, Sales Price Ratio, seller, Short Sale, Sold Price, Springs Watson Report, sq. ft, subdivision, Subdivision Price Trends, substantial loss selling, Wa
real estate, Real Estate Investors, Realtors, reason, report, Report On Easterly, sales, Sales activity, Sales Price, Sales Price Ratio, seller, Short Sale, Sold Price, Springs Watson Report, sq. ft, subdivision, Subdivision Price Trends, substantial loss selling,
estate,
Real Estate Investors, Realtors, reason, report, Report On Easterly, sales, Sales activity, Sales Price, Sales Price Ratio, seller, Short Sale, Sold Price, Springs Watson Report, sq. ft, subdivision, Subdivision Price Trends, substantial loss selling, Wa
Real Estate Investors, Realtors, reason, report, Report On Easterly, sales, Sales activity, Sales Price, Sales Price Ratio, seller, Short Sale, Sold Price, Springs Watson Report, sq. ft, subdivision, Subdivision Price Trends, substantial loss selling,
Estate Investors, Realtors, reason, report, Report On Easterly, sales, Sales activity, Sales Price, Sales Price Ratio, seller, Short Sale, Sold Price, Springs Watson Report, sq. ft, subdivision, Subdivision Price Trends, substantial loss selling, Watson
Filed Under: Western Livingston Subdivision Studies Tagged With:......,......,...,
appraisal, Appraiser, Association, average, Average sales price, Average Sold Price, Baton Rouge, Baton Rouge Association, chart, contract listings, distressed sale, easterly lakes, Easterly Lakes Subdivision, GBRMLS, Greater Baton, Greater Baton Rouge, high price, High Sales Price, home, Hurricane Katrina, Hurricane Katrina pricing, information, LAKES, Lakes Subdivision, listing price, Louisiana,
Low Sales Price, market, market direction, Median, median sale price, median sold price, NAR National Association, National Association, Page Drive, Pending Listings, period, post hurricane, post Hurricane Katrina, Pre-Listing
Appraisal, Price Per Sq, Price Trends,
real estate, Real Estate Investors, Realtors, REALTORS ® MLS, reason, report, Report On Easterly, sales, Sales activity, Sales Price, Sales Price Ratio, seller, Short Sale, Sold Price, sq. ft, subdivision, Subdivision Price Trends, substantial loss selling, Watson, Watson Louis
real estate, Real Estate Investors, Realtors, REALTORS ® MLS, reason, report, Report On Easterly, sales, Sales activity, Sales Price, Sales Price Ratio, seller, Short Sale, Sold Price, sq. ft, subdivision, Subdivision Price Trends, substantial loss selling, Watson, Watson Lou
estate,
Real Estate Investors, Realtors, REALTORS ® MLS, reason, report, Report On Easterly, sales, Sales activity, Sales Price, Sales Price Ratio, seller, Short Sale, Sold Price, sq. ft, subdivision, Subdivision Price Trends, substantial loss selling, Watson, Watson Louis
Real Estate Investors, Realtors, REALTORS ® MLS, reason, report, Report On Easterly, sales, Sales activity, Sales Price, Sales Price Ratio, seller, Short Sale, Sold Price, sq. ft, subdivision, Subdivision Price Trends, substantial loss selling, Watson, Watson Lou
Estate Investors, Realtors, REALTORS ® MLS, reason, report, Report On Easterly, sales, Sales activity, Sales Price, Sales Price Ratio, seller, Short Sale, Sold Price, sq. ft, subdivision, Subdivision Price Trends, substantial loss selling, Watson, Watson Louisiana
Today, for example, nearly a dozen major news outlets ran stories about
low appraisals on their
real -
estate -LSB-...]
I asked my friend and top
real estate agent in Framingham MA, Bill Gassett what he advises if an
appraisal comes in too
low.
Some
real estate agents however are using language like «
low potential
appraisals» during their listing appointments as leverage to secure a
lower list price in order to move a property quickly.
(MCT)-- Despite a steadying housing market, sellers and
real estate agents still complain that
low appraisals delay or kill up to 15 percent of all deals.
Some are
real estate agents or
real estate brokers who are able to persuade the bank with a handy
low - ball
appraisal of the property to support their offer.
Many
real estate professionals have blamed a high number of derailed transactions on
low - ball
appraisals.