The housing market has been improving significantly on a national level for about a year now, and with prices rising and interest rates extremely low, many buyers may think it’s a very good time to enter the market to find affordable options. That, in turn, will likely be a boon to sellers in many…
Appraisals probably kill more home sales than any other factor. For buyers, low appraisals can put the home of their dreams out of their price range. For sellers, low appraisals can cost a sale or force them to settle for less than the buyer’s offer. For both sides, appraisal problems can delay closing…
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