It now seems that Gulf Shores home appraisals are no longer killing sales as they were just last fall. Appraisers are putting higher values on homes again, allowing more deals to go through. During the housing bust, Gulf Shores home sales were often derailed by low-ball appraisals that fell far shy of a home's selling […]
Low Appraisal Valuations Wrecking Havoc on Gulf Shores Home Sales
Gulf Shores home sales are being stymied somewhat by low appraisal valuations, and this is the case just about everywhere in the country, not just in the Gulf Shores area. According to the results of a survey just released by the National Association of REALTORS® (NAR), “A sizable share of real estate appraisals are holding […]
Understanding Gulf Shores Home Appraisals
Mortgage lenders all require Gulf Shores home appraisals to determine the property’s value to make sure they are not lending you more money than the property is worth. Your lender orders the appraisal, and you are responsible for paying the fee. Costs can vary from $250.00 to $500.00. The property is the collateral for your […]
Gulf Shores Home Appraisals Continue Plaguing Sales
Gulf Shores home appraisals are continuing to make it difficult or even impossible for some borrowers to buy a home or refinance the one they have. Home buyers as well as real estate agents are being left frustrated at their inability to take advantage of the great market opportunities right now, with almost a third […]