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"It's a Whole New Ballgame"

INNINGS

1ST 2ND 3RD 4TH 5TH 6TH 7TH 8TH 9TH EXTRA
BUYERS CREDIT LOANS PLANNING KNOWNS BROKERS MARKET NEGOTIATIONS APPRAISALS CLOSING WHAT IF?
SELLERS FOR SALE PLANNING CLEARING APPEAL DISCLOSURE OPEN HOUSE THE OFFER APPRAISALS CLOSING WHAT IF?
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Eighth Inning - Appraisals


Pitch 1 Appraisal

If your re-finance requires an appraisal, it may be different from the one you get for selling your house.

Pitch 2 -  
            
Inspections / Repairs

The inspections:   structural, mechanical and termite. Make arrangements to do these as quickly as possible. If possible have all inspectors there at the same time. This covers new construction as well. Once the inspections are complete, the summary of repairs needed is given to the seller. They can either make them or allow for them to be made or do nothing. The buyer can also walk if nothing is done and get their good faith money back.


Pitch 3 - Surveys
All the professionals are doing their work: appraisals, inspectors, repair people, insurance agents, paralegals and surveyors. Some think surveys are not required and sometimes in an established neighborhood with no recent improvements maybe they aren't, but recent revelations seem to indicate that a survey is worth the very small investment...and keeping it handy for future sales or fences or making improvements is a wise move. See Real Estate Pros for detailed explanation.


Coach's Tips

Pinch Hitter

The Matter of Opinion
The appraisal may be contested.

The Inspections
Resale and new construction, both should have inspections completed.

The Repairs
Receipts are needed and other evidence that repairs have been made.

The Charlotte Angels 
Learn more from your Angel Advocates

Angel Advocate 1
Does a seller have to sell their house for the appraised value? 

Angel Advocate 2
Is it silly to have a new home inspected? 
Angel Advocate 3
Are repairs negotiable? 
 Angel Answer: 
No. 
Angel Answer:
 
No
Angel Answer:
Yes 
 

Got, Alotta, Charlotte!


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