Tag: listing agent
How NOT to sell your House
“Now is the time to buy!”
We have a great client who is ready to buy; she has a pre-approved loan; 20% down payment which is a rarity in this market; nothing to sell — so she is a non-contingent buyer; she can be flexible on her closing time. A slam-dunk buyer.
Lets back up a bit [...]
Posted: September 27th, 2008 under Home Seller Info.
Tags: buying a house in Camarillo, buying a house in Thousand Oaks, Camarillo home, Camarillo homes, Camarillo real estate, counter offer, days on the market, listing agent, no contingencies, non-contingent buyer, purchase offer, real estate, selling agent, Thousand Oaks homes, Thousand Oaks real estate
Comments: none
What happens if a lenders appraiser appraises a home for much lower than negotiated sales price?
Recently a client asked me what would happen if the appraisal came in lower than the sales price.
Here are the five options if the appraisal is lower than the sale price:
1. Re-negotiate the purchase price with the seller. .
2. Walk away from the purchase.
3. Appeal the appraisal and/or get another appraisal
4. Seller carry back a [...]
Posted: July 20th, 2008 under Home Buyer Info, Home Seller Info, Real Estate Financing.
Tags: appraisal, comparable closed sales, listing agent, low appraisal, lower than sales price, purchase price, seller carry back
Comments: none