IT HAPPENS ALL THE TIME, YOU ARE UNDER CONTRACT AND THE APPRAISAL COMES IN LOW. IT IS BEYOND FRUSTRATING AND YOU FEEL LIKE YOUR HANDS ARE TIED, BECAUSE COMMUNICATION WITH THE APPRAISER IS SO LIMITED. YOU STILL HAVE TO RELAY THE INFORMATION TO YOUR CLIENT, AND THEY AREN’T LIKELY TO BE THRILLED WITH THEIR OPTIONS.
WHETHER YOU WANT TO PREPARE YOUR CLIENT AT THE OUTSET, TO ADVISE OF A LIST PRICE OR OFFER THAT SEEMS SUPPORTABLE BY AN APPRAISAL, OR YOU WANT TO MAXIMIZE THE APPEAL OF A PROPERTY TO INSURE THE HIGHEST VALUE POSSIBLE, OR…YOU NEED TO REQUEST THAT A LENDER CONSIDER A DIFFERENT APPRAISAL ALTOGETHER, THESE ARE THE TOOLS FOR YOU!
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