In today’s real estate market in Southeast Georgia, North Florida, and across the country, sellers are getting a premium price for their homes. We are seeing offers at $10k – $50k over list price just to win the deal. When this happens, there is a possibility that appraisal data may not keep with the market on a real time basis. When that happens, there is a danger of an appraisal value coming in lower than the contract price. This can sometimes derail a purchase if the seller isn’t willing to negotiate. However, there are solutions to this problem that can help you be confident when you are offering over the list price of a home. Check out my video and analysis to learn how to solve an appraisal gap. For your own personalized analysis, contact me or Apply Online today!
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