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Updated almost 2 years ago on . Most recent reply
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How to sell a house despite lower comps
I'm planning to liquidate my rentals and my personal residence - move to AZ. I'm looking for creative options/agent support for my personal residence as it does not align well with the comps of my area.
Thanks
Most Popular Reply
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Quote from @Bruce Woodruff:
Quote from @Chad McMahan:
Quote from @Bruce Woodruff:
@Scott Jensen has a good idea! Also, consider paying a private appraiser to tell you what the property will eventually appraise for.
If you know it will be tricky, I recommend you independently hire an appraisal, maybe toss some strong comps to them, to encourage good numbers, then, with private appraisal report in-hand, proceed with the lender's appraiser, get their report turned in- and if it is low, forward the private appraisal to the lender who can forward it to their appraiser for a "reconsideration of value".
Great ideas^^^ Chad knows more about this since he is a Realtor. I do know that a lot of good Realtors will even meet the Appraiser and hand them a bunch of comps and reasons why the number should be higher....
Bruce Woodruff = 5 Stars
#TheBruceMeister
- Chad McMahan
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