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Real Estate Tips
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.

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Real Estate Trivia
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What are the characteristics of classic Queen Anne architecture?

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Queen Anne homes are the most elaborate, romantic and feminine of all Victorian Homes.
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Maggie's Team, REALTOR®, real estate agent and broker for Sarasota, North Port, Port Charlotte, Punta Gorda and Charlotte County, Florida home listings, property and land for sale - NUMBER1EXPERT™

Maggie's Team
RE/MAX Anchor Realty

14806 Tamiami Trail North Port FL,34287
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Maggie's Team Specializing in, Sarasota Luxury homes,Florida Luxury Homes,Englewood Homes,REMAX Homes,REMAX foreclosures,Punta Gorda Homes, Punta Gorda real estate, Punta Gorda Homes for Sale, Punta Gorda Foreclosures, Punta Gorda Realtors, Punta Gorda Luxury Homes,Punta Gorda Waterfront Homes,Port Charlotte Homes, Port Charlotte Homes for sale, Port Charlotte Real Estate, Port Charlotte Real Estate For sale, Port Charlotte Foreclosures, Buy Punta Gorda Homes,Buy Port Charlotte Homes now, Nort Port Homes for sale, North Port Homes, North Port Real Estate, North Port Realtors,Venice homes, Venice Real Real Estate, Englewood Homes, Venice Real Estate, Nokomis Real Estate For sale,RE/MAX Realtors, RE/MAX International Listings, FREE MLS Search,Naples Bay colony beach Front condos,Pelican Bay Naples FL Beach Front Condos for sale,Member of National Association of REALTORS RE/MAX Executive Club 2008,2009,2010 Multi-Million Dollar Producer 2008,2009,2010 2008 President's Club - Bronze Award 2009 President's Club - Silver Award Member of: I.R.E.S International Real Estate C.D.P.E. R.E.O. Certified F.S.P. Designation Sales Experience for over 15 Years. RE/MAX Anchor Realty is #1 Awarded by RE/MAX International #1 Broker Owner of the Year for North America#1 RE/MAX Office in Florida Only one real estate company can be #1. Thank you for getting us there. Member: National Association of Realtors, Florida Realtors, Punta Gorda-Port Charlotte-North Port Association of Realtors and the Mid-Florida Regional MLS


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