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.

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Barbara Foy
RE/MAX Signature
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I am always available to offer you personal, one-on-one help with what some say is the biggest decision you will make in your life. If you have any questions, please don't hesitate to call or e-mail me! Buying a home? I'll take the time to listen to your needs and desires, and find your dream home. Your total satisfaction is my number one priority. Selling a home? I will get your home sold for top dollar and in a timely manner. My online and offline marketing programs will give you the edge you need to sell your home. I don't want to just list your home, I want to sell it! Fast! Relocating? If you are moving to my area, I can assist you in collecting the information you need, and make your transition as smooth as possible. Feel free to contact me for any information. I love to assist people in relocating, and I've helped many people move to our area! I have built a reputation for client satisfaction, and I am devoted to making your move as easy as possible. You will have the added benefit of working with an agent who understands your needs when buying, selling, or relocating. Finding the right home is only the beginning. I will assist you every step of the way to ensure smooth sailing.

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