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There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Before your mortgage application is approved, the lender will order a professional appraisal of the home to make sure that the agreed-upon selling price is justifiable based on the current market value of the property. The cost of the appraisal will be based on the complexity of the appraisal report and the time required to complete it.
A professional appraiser will choose the appraisal technique that is applicable to the particular property to arrive at an unbiased opinion of value. One approach is to look at comparable homes in the area that have sold within the last six months. If there are a number of similar properties that have sold recently, the appraiser's job is easy. It is more complicated to arrive at the appraised value if your home is located in a rural area or a diverse neighborhood.
The appraised value will usually be very close to the sale price. If the appraisal comes in lower, the real estate agent may be able to provide the appraisers with additional information on recent sales which will result in increased value.
Family. It's the heart of what matters to you -- and to Dylan Snyder & Carey Murray, a unique mother and son real estate team. So for your next move to, from or within the Jupiter, Juno and Tequesta areas, don't trust your family's future to just anyone. Team Jupiter is equipped for the future and is able to assist you with all your real estate needs. Call Dylan or Carey today!
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Jupiter, Tequesta and Juno Beach, Florida
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