Good Day everyone, I’m Connor MacIvor with REMAX of Santa Clarita and I’m proud to be of service.
When it comes to real estate and the dissemination of information, it’s a blessing that technology has become a bit more advanced in the past 14 years.
On today’s Travel Tuesdays real estate radio show, we have several items to get into.
We have some of the best resources online that we have built and before we get into the “Appraisal Thing”, Let me talk a bit about them.
Santa Clarita Valley real estate reports. Market Data and housing intel – all are available at this Paris911 Website and real estate system page that I built over the past couple of days.
Most people are reading our market reports and listening to our Daily Santa Clarita real estate radio show.
But what if you are interested in a specific city or zip code in the Santa Clarita Valley?
Then, you may want to get the exact market report yourself, delivered confidentially by email.
We have specific SCV reports available in the following Cities and accessible at SCVreports dot com!
As you can see we have a detailed list and serve all of these areas, and more, with reference to Real Estate!
You are a home owner. You own a condo, townhome or single family home located anywhere in Southern California.
Then it makes sense for you to keep track of it’s value. Make sure you do and use the SCVowners dot com website to get yours.
What if the appraiser says it’s worth more?
Then good for you, if you are a real estate buyer.
If you are a real estate seller, then that is not good news, but you will most likely NOT hear about it.
A couple of points. First – listen to our Daily Show – posted at the top of this post to hear everything about it!
Second – Once the seller of a home, condo or townhome accepts your offer, at the price you wrote, that is it.
That is the price, as a real estate buyer, that you are going to pay. (unless the appraisal is lower… listen to yesterdays show – posted below)
On yesterdays real estate radio show, we spoke about the appraisal coming in lower – Listen to that.
In most cases, the real estate seller is not privy to the amount of the appraisal if it is higher or lower.
The appraisal is paid for by the real estate buyer, in most cases. It would require their permission to have a copy of the appraisal report to the seller.
If the home appraises for less – the typical move is to have the report sent to the seller as well, permitted by the real estate buyer. So they know the buyers are not playing a game.
However, if the home appraises for more, you can imagine the issues that could come about if the seller were to know that, at least before all “in escrow” negotiations were concluded…
Maybe the buyer had not issued a request for repairs – the seller knows their home was appraised by the buyer’s appraiser at more than they bought it for, there maybe problems.
What is the buyer is asking the seller to extend escrow due to some personal issue, if the seller knows that the home appraised for more than the buyer bought it for, they may not want to oblige.
This is when having an expert at your side means the world and will be of great assistance.
Call me when you are ready to take charge of your real estate dealings. I’m Connor…
Thanks for taking the time to listen to our Daily Santa Clarita real estate radio show where we spoke about the issues related to appraisals.