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Winning the bidding wars

Pros and cons of waiving an appraisal contingency

Ask Phyllis is a blog series of frequently asked real estate questions.  Have a question about real estate?  Email us here Curious about the pros and cons of waiving an appraisal contingency? Dear Phyllis, We have been looking at homes...

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Winning the bidding wars

Appraisal Discrepancies

Dear Phyllis, My wife and I are first time buyers and have saved $80,000 for our down payment. Each of our parents is helping us with the remainder. Out of five offers, our $985,000 bid was the highest. We hired an inspector and everyth...

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Pricing your home is an art not a science

Pricing your home is an art, not a science

Pricing your home is an art not a science. Your home’s value is dependent on what a buyer will pay. Nothing more, nothing less.  Your home’s value is not influenced by: Online Estimates: are similar to parlor games, fun but not to be ...

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Pricing your home is an art not a science

Pricing your home is an art not a science

Pricing a home is an art not a science.  Pricing your home correctly from the onset is critical. Your home’s value is dependent on what a buyer will pay. Nothing more, nothing less. Perhaps you have an appraisal from a recent refinanc...

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WHAT IS AN APPRAISAL CONTINGENCY?

WHAT IS AN APPRAISAL CONTINGENCY?

  It’s a red hot seller’s market. Inventory is low and some home buyers are nearing desperation.  They are tired of writing offers and not being selected. There are many components of a strong offer other than price. When the price o...

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A Love Hate Relationship

Once a month, I receive a telephone call from an appraiser who is on the ball and performing their job.  These appraisers will reach out to me to ask “when are you closing your listing, and for how much?”  It’s a professional courtesy f...

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