Contact Team Annett: (p) 513-527-3060 (e) teamannett@gmail.com
There are several reason’s why a closing may not occur on time, or even at all. Here are some of the main obstacles that may delay your deal:
Learn which updates add the most value to your home.
#1 TOP BUDGET-FRIENDLY PROJECT: Clean and Conquer Clutter
If you’re on a tight budget, cleaning and decluttering is by far the most cost-effective way to add value to your home. A clean and clutter-free home looks larger and more livable and makes a great first impression on home buyers.
Congratulations! You’ve been pre-approved and you have an accepted offer on the home of your dreams. So what happens now?
The purpose of the appraisal is essential to the lending process and helps protect both the bank and the buyer against lending (or paying) more for a home than its actual market value. Essentially, an appraisal is an estimate of the property’s value provided by a professional appraiser. Unlike the inspection, the appraisal will be performed in private and the buyer and buyer’s agent will not attend. However, it is not uncommon for the listing agent to attend the appraisal to provide their own comparative analysis for the appraiser. The appraiser may take the listing agents analysis into account but will often rely upon their own research to arrive at a final value.
