5 Ways To Keep A Low Appraisal From Killing Your Home Sale
Posted by Eric Peterson on
The Austin and surrounding suburbs real estate market is trending up and that can create problems with low appraisals. Many sellers are afraid of receiving a low appraisal. Sometimes sellers have already spoken with another listing agent before choosing to work with me. When I ask the homeowner what the other listing agent suggested they can do to prevent a low appraisal more often than not the homeowner says the other agent just shrugged his shoulders and said…”There’s nothing we can do about a low appraisal. We’ll have to hope for the best.” Not true! There are some procedures we can do to help avoid a low appraisal from killing your sale. My background in mortgage lending and working with appraisers gives me extra insight into how they establish value.…
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