I'm selling a a new construction property for a client and property didn't appraise and the seller is very upset.  The property appraised at $505k. Theres a $40k difference.  We're under contract at $545k.  The comps ...

Dose it help with appraisal to add central heat and air if so how much this is for the brrr method please add anything that will add value

Hi everyone. I am currently purchasing my first home. Me and the seller came to an agreement which is $7,000 above asking price due to multiple offers. My issue here is the seller is not willing to negotiate if the ap...

Hi - I am in the middle of closing a commercial property. The broker that I used initially quoted an appraisal of 650, which I paid. A few days later the broker said the mortgage company is asking for 2500. I am a lit...

I don’t want this to sound negative but why does It seem like the biggest issue with closing hinges on appraisals. The appraisal is one of if not the most important part of selling a property, this truly determines th...

Hello, I'm thinking about becoming a Real Estate Appraiser in NJ and I want to know if this is a good career and if it is in high demand right now in the NJ area? Any real estate Appraisers here that can give their pe...

How can a good appraiser be an asset to you?

Hi everyone! I'm looking to connect with a local North Augusta, SC appraiser. I'd love to get their perspective on the market and how best to work with an appraiser in the area. If you know someone you'd recommend or ...

Question - can the seller back out of our contract?

Purchasing a home for 500K, with 30K appraisal gap in the contract. Appraisal came in at 465K, so 35K below the contract price.

We are willing to cover 30K.

T...

Hey everyone,
So from my understanding of how a detached ADU is appraised, is by comparing similar properties with detached ADUs that have recently sold in the area, but there aren't much homes with detached ADUs to ...