Help Regulators Take Proper Aim, Appraisal Institute Tells Congress
Contact: Ken Chitester, director of communications, O +1-312-335-4290; C +1-312-351-2818, kchitester@appraisalinstitute.org
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Lakeland seeks appraisal of St. Rose building
Lakeland seeks St. Rose appraisalSCOTT TWP. – Lakeland School District will pay $3,500 to appraise the property at 1300 Old Plank Road in Mayfield that’s currently home St. Rose Academy.The district has expressed interest in buying the property, which
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One of the most important aspects of the short sale business is determining the value of the property you have under contract. It’s impossible to formulate your offer to the short sale lender without knowing the home appraisal value of the property you are interested in. Likewise, knowing the appraisal value of the property is just as important to the loss mitigator at the bank. The loss mitigator must establish an appraised value for the short sale property so he has a baseline price for negotiation. The appraised value of the property establishes the playing field on which we negotiate the short sale price of the property.
Getting Property Comparisons
The best way to determine the home appraisal value of a property is by using property comparisons (comps). Look at the properties in the same area of the short sale property.
Getting a higher appraisal on a home requires making the house as beautiful as possible, brightening it with light, cleaning it, making it smell good and planting some flowers in the well-manicured lawn. Get the highest possible appraisal for a house withadvice from an experienced real estate broker in this free video on real estate. Expert: Penny Smith Contact: www.liveoakgroup.com Bio: Penny Smith has been in real estate for more than 14 years. Filmmaker: Reel Media LLC
