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Mortgage, US Real Estate

Low Appraisals No Longer Causing Problems

By Mike Wheatley | May 17, 2013
Throughout the housing crisis, one of the biggest stumbling blocks faced by real estate agents, buyers and sellers alike has been the appraisal process. Would the appraised value be lower than the agreed sales price, and if so, how much lower would it be? It's thought that thousands of potential transactions have been derailed due to lower-than-expected appraisals.
Real Estate Resource, US Real Estate

Challenging Low Appraisals: Think Like An Appraiser!

By Hank Miller | February 27, 2013
Problems with “low” appraisals continue to be an issue, and even more so in markets where home values appear to be on the rise. A rising market moves faster than the appraisals; consider that appraisers are required to use only closed sales
Mortgage, Real Estate, Residential, US Real Estate

Low Appraisal Problems Continue to Dog Buyers

By Mike Wheatley | June 5, 2012
The ongoing problem of low appraisals is continuing to have a negative effect on housing markets, with many deals falling through following an appraisal that comes in lower than the agreed asking price.
Mortgage, Real Estate, US Real Estate

Low Appraisals Continue to Hurt Real Estate Sales

By Mike Wheatley | February 8, 2012
Thousands of real estate deals up and down the country continue to called off due to low appraisals which come in lower than the previously agreed-upon sales price, new surveys have revealed.
Real Estate, Residential, US Real Estate

One Third of Property Deals Collapse at Last Minute

By Mike Wheatley | November 22, 2011
Real estate professionals are reporting that a growing number of real estate deals are falling through at the last minute, with almost a third of them (32%) claiming they had at least one deal collapse during last month, October. Associated Press reported that there were a number of reasons for property transactions falling through at […]
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