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All agents are NOT alike! Find out why we are top real estate experts. Call us: 256-221-4081.
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Find Out About the Latest Homes for Sale First! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
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About Appraisals >Professional Appraisals
Before your mortgage application is approved, the lender will order a professional appraisal of the home to make sure that the agreed-upon selling price is justifiable based on the current market value of the property. The cost of the appraisal will be based on the complexity of the appraisal report and the time required to complete it.
A professional appraiser will choose the appraisal technique that is applicable to the particular property to arrive at an unbiased opinion of value. One approach is to look at comparable homes in the area that have sold within the last six months. If there are a number of similar properties that have sold recently, the appraiser's job is easy. It is more complicated to arrive at the appraised value if your home is located in a rural area or a diverse neighborhood.
The appraised value will usually be very close to the sale price. If the appraisal comes in lower, the real estate agent may be able to provide the appraisers with additional information on recent sales which will result in increased value.
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| Q |
What 70-room East Coast mansion was built as a summer home and is known as a "Gilded Age cottage"?
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| A |
Cornelius Vanderbilt's "Breakers" Mansion in Newport, Rhode Island, named for the waves crashing along the cliff that separates the property from the ocean. |
See More Real Estate Trivia > |
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Amber Delashaw MarMac Real Estate 2114 Central Pkwy Suite A Decatur, AL 35601 Cell Phone Amber: 256-221-4081 Fax: 256-308-0828 Cell Phone Judy: 256-227-1647 amberdelashaw@NUMBER1EXPERT.com
Looking for a new home? Visit our website and click on the search all properties link and you can view everything that is listed in the North Alabama MLS. We cover Madison, Morgan, Limestone, and Lawrence counties. If you are looking for excellent customer service, timely responses, and answers to your real estate questions then you've found the team for you. Amber Delashaw has a strong background in listing and marketing properties. Our team's conversion rate on selling our listings runs at about 95% and we are steadily trying to bridge the gap to 100%. Judy Blaxton's main focus is working with buyers. She is well suited working with people relocating to the area, first time home buyers, and move up buyers. Give the Green Team a call today to acheive all your real estate dreams! 
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