
|
All agents are NOT alike! Find out why we are top Real Estate experts. Call us: Linda 775.771.4400 or Kristen 775.762.7653.
|

Request Our Free Relocation Package! Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate! Find Out More > View All Offers >
|

"Thank you for everything you've done for us!" "You will never know how much we appreciate your hard work!" Krystal, Josh & Mckenzie Read Quote > View All Quotes >
|
Compare three mortgages
at one time. Download TripleCalc now. It's free.
|
Hartman Gil & Assoc. is one of The Top Selling Real Estate Experts Find Out More > |
|
|
|
|
About Appraisals >Lender Appraisal
Many sellers think that the price of their home is determined solely by what they are willing to accept and what the buyer is willing to pay. However, there is one more variable that can affect the sale of a home assuming that a bank loan is involved -- the lender's appraisal.
To protect the interest of their investors, the buyer's mortgage lender hires a licensed appraiser to give an independent, objective opinion of what the property is worth. The appraiser compares the house with similar homes in the neighborhood that have recently sold. Square footage, amenities and the condition of the home are taken into account. Renovations and home improvements made by the seller usually add value to the home, while defects such as needed repairs or code violations decrease the property's value. The seller's real estate agent can provide the appraiser with up-to-date information about neighboring homes that have sold to support the seller's asking price.
|
| Q |
Where can you find the world's largest residential palace?
|
| A |
The Istana Nurul Iman, palace of the Sultan of Brunei, includes 2,152,782 square feet, 1,788 rooms, 257 bathrooms and a 110-car garage. |
See More Real Estate Trivia > |
|

NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|