{"id":13427,"date":"2018-05-07T13:39:31","date_gmt":"2018-05-07T13:39:31","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=13427"},"modified":"2018-05-07T13:39:32","modified_gmt":"2018-05-07T13:39:32","slug":"how-to-prevent-a-low-appraisal","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/how-to-prevent-a-low-appraisal\/","title":{"rendered":"How to Prevent a Low Appraisal"},"content":{"rendered":"

How to Prevent a Low Appraisal<\/h1>\n

 <\/p>\n

\"How<\/a>

How to Prevent a Low Appraisal<\/p><\/div>\n

Many buyers are offering more than the asking price on properties undergoing bidding wars, but when the appraisal reveals the true market value of the home, they may find they\u2019ve agreed to pay too much. Home sales commonly fall through when a property appraises for less than the price the buyer offers; the seller may be unwilling to accept a lower offer, and the buyer may decide the deal isn\u2019t worth it.<\/p>\n

Appraisal issues are still one of the most common causes of delayed settlements, according to March data from the REALTORS\u00ae Confidence Index<\/a>. Real estate professionals report that appraisal issues delayed 19 percent of closings in March, which was the second most reported problem behind \u201cissues related to obtaining financing.\u201d Bankrate.com recently offered some tips for protecting your transactions from low appraisals.<\/p>\n

Buyers<\/strong> likely will want to ask their lender to find an appraiser who works regularly in the county where they\u2019re purchasing. Appraisers who know the area are less likely to evaluate properties based on flawed data. Buyer\u2019s agents should be present during an appraisal appointment in order to provide the appraiser appropriate comps and explain any information that could be skewing the comps.<\/p>\n

In some cases, sellers <\/strong>are being preemptive\u2014getting an appraisal before listing their home and using that appraisal to set a realistic list price. If they\u2019ve done this, they\u2019ll want to give a copy of their prelisting appraisal to the buyer\u2019s appraiser.<\/p>\n

Also, remember that your clients can contest a low appraisal. The appraiser or a supervisor may consider taking into account any new or overlooked information when an appraisal has been questioned.<\/p>\n

Source: \u201cHow to Avoid a Low Home Appraisal<\/a>,\u201d Bankrate.com (May 2, 2018)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

How to Prevent a Low Appraisal   Many buyers are offering more than the asking price on properties undergoing bidding wars, but when the appraisal reveals the true market value of the home, they may find they\u2019ve agreed to pay too much. Home sales commonly fall through when a property appraises for less than the … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-13427","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nHow to Prevent a Low Appraisal - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/how-to-prevent-a-low-appraisal\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/how-to-prevent-a-low-appraisal\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/how-to-prevent-a-low-appraisal\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"How to Prevent a Low Appraisal\",\"datePublished\":\"2018-05-07T13:39:31+00:00\",\"dateModified\":\"2018-05-07T13:39:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/how-to-prevent-a-low-appraisal\\\/\"},\"wordCount\":313,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/how-to-prevent-a-low-appraisal\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/05072018.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/how-to-prevent-a-low-appraisal\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/how-to-prevent-a-low-appraisal\\\/\",\"name\":\"How to Prevent a Low Appraisal - 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