Tag: Home Seller

Posted on 06/24/2021
How to Deal with a Low Appraisal
Photo by Light And Dark Studio via Shutterstock In a seller’s market, comparable sales and competition can drive up a home’s price. This is especially true in a seller’s market where offers from multiple buyers try to outbid each other. And, while this sounds like a fantastic deal for the seller, a low appraisal can kill the deal....
Appraisal
Buyer
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Posted on 05/06/2021
Real Estate Contracts: Reasons for Backing Out
Photo by Gerd Altmann via PixabayOnce you sign a purchase agreement, whether you are the buyer or seller, it is very difficult to back out of it. However, as a buyer, you are able to back out if your real estate agent drafts the contract properly. Real estate agents use a standard contract. That does not mean that...
Contract
Home Seller
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Posted on 02/13/2020
How is Fair Market Value Determined?
Image by Andrey Popov from Shutterstock The term "fair market value" is the price at which an interested but not desperate buyer is willing to buy and a motivated but not distressed seller is willing to sell on the open market in your location. The set value depends on recently sold similar-sized homes with like amenities, upgrades, and...
Market Value
Home Seller
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