Posts Tagged ‘Pricing’

Never Under Prize Your Own House (2)

November 21st, 2012

Never Under Prize2That adds up to a whopping $50,080, and the buyer no longer qualifies because he or she does not have sufficient funds to close. Sales agreements may also be contingent upon a successful appraisal. Even if the sale is not contingent on an appraisal, you will get a lot of flack from buyers who now believe they are paying too much for the property. » Read more: Never Under Prize Your Own House (2)

Never Under Prize Your Own House

November 17th, 2012

Never Under Prize The common declaration by home sellers when a home underappraises is, “Well, it only under-appraised by $10,000, so that shouldn’t be a problem. The buyers are putting $15,000 down.” Unfortunately, lenders do not typically want to lend the entire amount of the appraisal. » Read more: Never Under Prize Your Own House