Real Estate Appraisals Can Make Home Sales More Difficult
I am constantly explaining to clients how an appraisal can make closing a home sale more difficult. Since the Dodd-Frank Laws were enacted, the home appraisal has become quite difficult to understand and navigate.
Nancy Sarnoff, of the Houston Chronicle, wrote a great story explaining how the appraisal industry has changed, the frustration it is causing and the consequences.
>>>Read Nancy Sarnoff’s story.
Leslie Lerner Properties has encountered these appraisal issues several times, especially in the real estate environment we have had in the last few years. Each time we are approached with a low appraisal, we do everything we can for our clients to appeal the appraised price. In more cases than not, we have been successful and the clients have been more than happy with the outcome.
For more information about buying a home, selling a home or the the appraisal process, please feel free to contact Leslie Lerner Properties – 713.489.9900. We are THE HOME OF FLAT FEE LISTINGS AND REBATED COMMISSIONS.
