Property can't appraise if set to high - Lake Forest Real Estate

Price & Terms

Property can't appraise if set to high

When it comes time for the lenders’ appraiser to come out to appraise the property, the properties that have recently sold (commonly known as comps) are what he will use to help determine the value of your house. If there is an appraisal contingency (and there usually is), you can see how important it is to comply with the price range a CMA shows. Of course, each home is subject to condition, upgrades, and location to justify a little bit higher list price.

If you have any questions, Please call

1-866-OC-House

Written By Shan Roberts

Department of Real Estate # 01262388

Lake Forest Homes

Lake Forest Real Estate

Lake Forest Realtors