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Home Buying in 93257 : Real Estate Advice

  • All12
  • Local Info1
  • Home Buying6
  • Home Selling1
  • Market Conditions0

Activity 5
Tue May 5, 2015
Cindy Davis answered:
That's a big difference...Discuss this with your agent...and review the appraisal, if possible.
0 votes 4 answers Share Flag
Mon May 5, 2014
jennifer chou answered:
If you are first time home buyers then the first step in the home buying process is to go shopping for a home loan you. Once you find a Lender ,you would fill out an application and submit all the documents that the lender is requesting. They will contact you and let you know if you and your husband qualify for a home, in some cases if you do not qualify at the time you filled out the application to apply for a home loan the lender may give you advice on what you can do in order to get qualifield in the near future. Imortgage has a down payment assistance program for people who qualify. Please feel free to contact me any time if you ever have questions at 661-240-0161.

Thank you,

Jen Chou/Realtor
Tholco Real Estate Group
10014 Rosedale Hwy
Bakersfield,ca 93312
... more
0 votes 2 answers Share Flag
Sun May 4, 2014
Randall Ortiz answered:
Contact a couple lenders or mortgage brokers and they can figure that out for you. They will need to run your credit and you will need to figure out what kind of loan you want to use, as that makes a big difference on the interest rate. ... more
0 votes 2 answers Share Flag
Sat Dec 29, 2012
Annette Lawrence answered:
Your question is invalid.
All appraisers do not SOLEY rely on area sales
Appraisers have several valuation models that contain influencing elements which can be used based on:
1. Who requested the appraisal
2. Type of property
3. Availability of comparable sales (time limited)
4. Purpose of appraisal
5. Market conditions of that community
6. Replacement cost
7. Area sales (scheduled depreciation/appreciation)
8, Comparable Sales (remote)
9. Adjusted sales
Real Estate professionals use the same methods but also bring into the equation intangible 'quality of life' factors for which a potential buyer WILL pay.
The real estate professional who is relying on the appraised value to validate a sale is leaving the home seller in a very vulnerable situation. This can not be allowed. One should anticipate low appraisal values (the appraisals are rigged but not by the APPRAISER) and have counter measures in place to negate the predictable influence.

Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420. 4041
... more
0 votes 5 answers Share Flag
Fri Oct 29, 2010
Rick Jackson answered:
You should contact Cindy who answered the first question. She may be a big help to you as a buyer's agent.
0 votes 2 answers Share Flag
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