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About Appraisals >Working With Appraisers

After the buyer and seller come to a "meeting of the minds" on the price of a house, there is one more person who must be convinced that the house is worth the selling price--the mortgage company's appraiser.

The appraiser looks for three similar houses that have sold in the same area within the last several months, and compares the selling prices of these homes with the one that is now on the market. The appraiser makes adjustments to account for the differences in each property, and averages the adjusted prices of the other three homes to arrive at a final opinion of value. In subdivisions or condominium projects where there are many similar properties and numerous recent sales, the appraiser's job is relatively easy. In neighborhoods of older homes that have been renovated or remodeled over the years, it can be like comparing apples and oranges.

If the appraiser's evaluation is lower than the selling price, it can stall the transaction because the lender may decline the buyer's loan because of the discrepancy. A real estate agent can work to minimize potential delays associated with the appraisal process by helping the seller to price the home as close to fair market value as possible.

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Q	Fewer than 2 percent of homeowners build this type of home:
A	Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu.
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Ursula Dahle, REALTOR®, real estate agent and broker for Woodstock, Towne Lake and Cherokee County, Georgia home listings, property and land for sale - NUMBER1EXPERT

Ursula Dahle
Keller Williams Realty Platinum Partners
220 Heritage Walk, Suite 101
Woodstock, GA. 30188
Direct: 678-569-4044
Main Office: 678-494-0644
Fax: 678-484-4044
Direct Fax: 678-484-4044
Email Ursula: ursula@callursula.com
Email Renee: renee@reneepruitt.com
Accessibility is what we are all about. When you want to buy or sell a home, you want to know that your REALTOR® is there and working for you. Why do some agents have all of the listings and others are just getting by with a few? It's the Experience, Service, and Results that a good REALTOR® brings to the table.

I specialize in the sale and marketing of residential real estate and have lived in this area for many years. My team understands your needs and wants the outcome of your transaction to be as smooth as possible. Whether you are buying or selling a home, we are there for you.

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NUMBER1EXPERT in real estate for Woodstock, Towne Lake and Cherokee County, Georgia

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