As a seller, a low appraisal means you may have to lower your home’s price to get it sold. Holding out for an all-cash buyer who doesn’t require an appraisal as a condition of completing the transaction is unlikely to work. Even cash-rich buyers don’t want to overpay for a home. If your neighborhood has… Continue reading What Home Sellers Need to Know About Appraisals
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What Refinancing Homeowners Need to Know About Appraisals
If you’re refinancing a conventional mortgage, a low appraisal can prevent you from doing so. The home needs to appraise at or above the amount you want to refinance for your loan to be approved. If your existing mortgage is an FHA mortgage, you can refinance without an appraisal through the FHA streamline program—a great option for underwater homeowners.
Decorating Your Home for Fall on a Budget
November 14th, 2022 7:30 AM The price of seasonal decor is on the rise. So what’s a stylish decor maven to do when trying to decorate for fall? Take on a DIY project, of course! Whether you’re working on a shoestring budget, or simply trying to save a dime, with a bit of ingenuity and time,… Continue reading Decorating Your Home for Fall on a Budget
Businesses Don’t Answer Phones Anymore
August 9th, 2022 7:44 AM Businesses don’t answer their phones anymore. It’s a trend that’s been happening for years, and it’s only getting worse. There are several reasons for this, but the most important is that businesses increasingly rely on automated call systems or voice mail. Automated call systems are much cheaper than hiring human… Continue reading Businesses Don’t Answer Phones Anymore
Can Automated Valuation Model Replace a Real estate Appraiser?
November 29th, 2021 7:45 AM Can Automated Valuation Model Replace a Real estate Appraiser? What Is an Automated Valuation Model? An automated valuation model (also known as AVM) is a service for determining residential and commercial real estate property value. This service determines the worth of a property using mathematical or statistical modeling and a… Continue reading Can Automated Valuation Model Replace a Real estate Appraiser?