How to Bridge🌉the Appraisal Gap💹📈 in Today’s R. E. Market🌴
- Kathy Hyatt
- May 17
- 1 min read
How to Bridge🌉the Appraisal Gap💹📈 in Today’s R. E. Market🌴
If You are Searching for 🎭Drama🎭, do not limit yourself to 🍿🎥Netflix. Instead, Tune 📻in to the Real Estate 🏢💒Market, where the Competition among 👨👩👦👦👨👩👦Buyers has Never Been Fiercer.
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It Happens From Time⌚⌛ to Time. The Home Appraisal Comes in LOW 📉😱 What can you do in this situation?
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IF YOU’RE A BUYER:
🟩Submit recent comps to your appraiser for consideration
🟡Add appraisal gap coverage to your offer
🔶Waive the appraisal contingency (in some cases)
IF YOU’RE A SELLER:
🔷Don’t accept an offer solely on price
🟥Look at a buyer’s mortgage qualifications
🟣Look at conditions – such as waived contingencies
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Read Kathy’s Latest Blog Post to Learn More about How Appraisals Work and the Benefits and Risks Involved with these Competitive Tactics. Here is the Link 🔗🔗🔗
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📞954-347-0244
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