Cleveland-based Corporate Settlement Solutions (CSS) released an analysis Thursday that highlights a growing gap between appraised home values and sale prices. Across the 19 East Coast and Midwest ...
Forbes contributors publish independent expert analyses and insights. I write about real estate economics. This article is more than 5 years old. Does the typical appraisal protect you from overpaying ...
Get guidance from trusted mortgage experts. A lower-than-expected home appraisal can be disappointing, whether you’re purchasing a home or applying for a refinance. A home appraisal that comes in low ...
Mortgage adviser: Jim Valler, Holmgren & Associates. Property type: Single-family home in Richmond. Rate: 4.375 percent with no points. Backstory: My clients were first-time home buyers looking in ...
Every home purchase that involves a mortgage will require an appraisal and sometimes that appraisal may not justify the sales price that a buyer is willing to pay for a home. Fortunately, this is not ...
It wasn’t the first time that Katherine Scheri ruined a real estate agent’s day with a low property appraisal. Scheri, a real estate appraiser, had sized up a three-bedroom, two-bath house in Santa ...
The gap between homeowners’ expectations of their property value and the actual appraised worth of their homes edged closer to equilibrium last month, according to recent survey data. Although the ...
Financing a home purchase has become extremely difficult since the housing boom turned to bust. Getting an appraisal to match the price for which one's lender has preapproved a mortgage can be more ...
The practice of a hedge fund buying shares in a Delaware corporation upon the announcement of a cash-out merger to then exercise appraisal rights, sometimes referred to as “appraisal arbitrage,” has ...
Q: I am selling my house and have retained a real estate agent. We have a different view as to what price to offer to the public, and she has suggested that we get a BPO. I inquired and found that ...