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About Appraisals >Lender Appraisal
Many sellers think that the price of their home is determined solely by what they are willing to accept and what the buyer is willing to pay. However, there is one more variable that can affect the sale of a home assuming that a bank loan is involved -- the lender's appraisal.
To protect the interest of their investors, the buyer's mortgage lender hires a licensed appraiser to give an independent, objective opinion of what the property is worth. The appraiser compares the house with similar homes in the neighborhood that have recently sold. Square footage, amenities and the condition of the home are taken into account. Renovations and home improvements made by the seller usually add value to the home, while defects such as needed repairs or code violations decrease the property's value. The seller's real estate agent can provide the appraiser with up-to-date information about neighboring homes that have sold to support the seller's asking price.
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Due to low business and living expenses, what areas are considered to be the fastest growing in the country?
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According to recent studies, the Southern and Western regions of the U.S. are among the nation's strongest economies. |
 See More Real Estate Trivia > |
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The Dubinsky Group
RE/MAX Olson & Associates
30699 Russell Ranch Road, #100
Westlake Village, CA. 91362
Direct: (805) 444-7044
Fax: (818) 879-2269
Email: Maia@GRTmove.com
Maia Dubinsky is a consistent top producer with 20 years of experience in the business and a California licensed Real Estate Broker. She has been inducted into the RE/MAX Hall of Fame and consistently achieved the Platinum Club award, one of the highest honors within the RE/MAX system. Maia's track record of success is evidence of her dedication and commitment to delivering outstanding results for her clients. Maia has also has earned her Bachelor's Degree in Business Administration. Prior to real estate, she acquired over 10 years experience in the field of Corporate Finance. Maia has the experience you can definitely count on for world-class service!    
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