Yes, lenders often require an appraisal desk review. This is effectively where another appraise reviews an appraisal report and comments on any issues, deficiencies, etc. You can google: URAR appraisal desk review to download a copy of the requisite form that is filled out by the review appraiser.... more
The average number of days for homes on the market has declined since the beginning of the year. The days on market (DOM)for single family homes that are for sale is 62. For townhomes it is 47.
The DOM for Sold properties is 52 for single family homes and 49 for townhomes.
There are currently 86 single family homes for sale and 26 townhomes in Manhattan Beach... more
Kaye: Prices haven't plunged--and in fact, are up 1.7 percent year over year. But much of that increase is due to a higher rise in the $1+million homes--which kind of skews the percentages for all. Average days on market for North Coastal San Diego County is 77, with homes selling at an average 94.4 percent of list price. In short, we have a stable buyer's market. If I can be of any assistance to your clients, please give me a call at 760-402-9101 or 877-818-8197.... more