Some times an appraisal can be disputed if you do not agree with it. The sad truth is that some sellers do have to come to the closing table with some money to get the deal done. Not every home or community increases in value. The other option is a short sale. let me know if you need more info.
www.thehermanteam.com or call:225-485-9924... more
If you with re really concerned with crime and break ins maybe you should consider a home in a gated community. We know of some nice ones in different price ranges. for more info call Liz and Gene Herman Team for full time service. 225-485-9924 or www.thehermanteam.com... more
I am the listing agent for the lots on Able Road. There are some restrictions in place, Primarily the restrictions are those that are required by the parish, such as how the drainage should flow across the lots. That point, by the way, has already been addressed by the seller who has installed the drainage line across the back of the property. The only restrictions that the seller has put in place are:
1. any mobile home placed on any of the lots cannot be older than 5 years old at the time it is placed there.
2. any damage that is done by the buyer of a lot or anyone that buyer hires must repair any damage to the road or any other lot that they cause.
Other than that, there are no other restrictions. They are rural lots and all are out of the hazardous flood zone, so no flood insurance is required. If you haven't driven out there to look at the lots, I encourage you to do so and experience how quiet and peaceful it is out there. Please let me know if you need any other information or would like for me to email a copy of the plat map to you.
Tonya Veazey, REALTORÂ®
16581 Airline Highway Suite A
Prairieville, LA 70769
Licensed in the state of Louisiana, USA
Each office is independently owned and operated.... more
In all reality you probably did not get "screwed" by your lender. I am in the mortgage business and the RD program is a federal program funded by the government. I dont remember the time frame last year but there was a time that the program ran out of money...and no matter what lender you used, if the rd funds were not available you could not get the rd loan. However, more funds were put into the RD program later in the year making the program available again. The only thinkg you could have done differently is wait until the program was funded again.
Basically what you (or the seller) are saying is the furniture (which is considered personal property) is adding $10,000 to the market value of the property based on comps. The furniture may be worth $10,000 to the seller, but even if it were brand new the resale value most likely be less. However, personal property does not figure into the determination of appraised value, or market value.
As the listing agent you should inform your client of this, along with an accurate condo market analysis (sold - active - pending comps, market adjustments for differences, LPSP ratio, days on market, time adjustments, etc) to determine a realistic selling price based on the market conditions and trends where the condo is located. If you are unsure, or the seller is some what set in their way of thinking, you could always consult an appraiser to assist in providing an unbias realistic view.... more