Blog Category: mortgage appraisals

April 18th, 2012 evaluation
April 18th, 2012

Appraisal Problems-Go With A Local Lender To Avoid Them!

I have blogged about appraisal problems many times in the past. I am not going to repeat those posts. Maybe the data below will carry more weight than my opinion. It is fresh out of a thorough and expensive study that I have cited on this blog recently. I will cut and past comments directly from the study that quotes Realtors. I will let their comments speak for themselves. Read More

Categories & Tags Appraisal, , , ,

November 22nd, 2016 confused
November 22nd, 2016

Is It Better to Overprice or Underprice Your Home For Sale?

When sellers set an asking price for their home I always imagine big dollar signs in their eyes. Most human beings suffer from wishful thinking and confirmation bias. How should you price your home: high, low or right at market value? In other words, should you overprice or underprice, or price it right at market value? If sellers are underpricing they may hope to sell faster, or hope for a bidding war. Overpricing a home may allow you to get more for your house than it’s really worth with luck and hope that one buyer loves your home. Underpricing or overpricing your home can be a gamble. And the best thing you can do is come to terms with how much your house is really worth. Read More

Categories & Tags Appraisal, housing values, Sales, , , , , , , , , ,