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Westhampton Beach : Real Estate Advice

  • All17
  • Local Info0
  • Home Buying4
  • Home Selling0
  • Market Conditions5

Activity 5
Fri Apr 10, 2015
Gail Gladstone answered:
There are the kinds of appraisals done for three different reasons.

The highest appraisal is usually done when you are applying for a second mortgage or refinancing.

The lowest appraisal is usually done by a bank/mortgage banker who is issuing a mortgage to the buyer.

The middle appraisal (market analysis) is performed by a Realtor and is based on very recent sales in your immediate area, same zip code, same school district, of similar homes.

Depending upon your reasoning, you may not need an appraiser; you may be able to call in a Realtor to do it for you.
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Sat Mar 5, 2011
Ralph Windschuh answered:
I would be happy to perform the research for you on this but I need more specifics. Those numbers could vary tremendously and any number I would give you without more information would be inaccurate. Please feel free to contact me at your convenience.

Ralph Windschuh
Associate Broker
Century 21 Princeton Properties
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Tue Jul 7, 2015
Don Tepper answered:
Reliable in what way? Lots of "reliable" sites out there.
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Fri Apr 10, 2015
Bob Scribner answered:
Mon Jun 2, 2014
Kevin Boer answered:
The correct answer is: it depends. Not trying to be difficult. :)

What I mean is this: timing the real estate market is often as difficult and fruitless as trying to time the stock market. A long term buy and hold strategy is usually the best. If you're planning on staying put in that home for a while -- say, at least 5-7 years -- then it's probably a good idea. If you've got a shorter horizon, then you'll want to be more cautious. Hopefully a local Trulian can jump in and shed more light on your particular market. ... more
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