Understanding Appraisals and What to Do If Your Home Doesn’t Appraise for Its Purchase Price

It can be a bit of a surprise if your home turns out to be valued at less than the purchase price offered, but this is the type of thing that can occur in an appraisal situation. While this can change everything from your contract to the amount of your down payment if your home has been appraised at less than you envisioned, here are some options you may want to consider. Review The Appraisal Contingency Clause If an appraisal contingency clause is built into the terms of your contract, this means that the terms of your contract can be…
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Surprising Secrets Of Successful Home Staging

Before you let a potential buyer see your home, take the following steps to ensure a great showing. These surprising secrets of successful home staging will help. Maximize Horizontal Space Horizontal space gives the illusion of spaciousness. Nearly every homebuyer wants to buy a home with lots of living space. The horizontal space you create doesn’t even need to be utilized. You can create the horizontal space by: Clearing surfaces like countertops, tables and desks Hanging floating bookshelves with nothing on them Clearing the tops of kitchen cabinets Invest In Fresh Flowers And Plants Fresh flowers and plants evoke feelings…
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Looking to Close Faster? Follow This Easy Guide to Speeding Up the Mortgage Process

If you're buying a home, you'll want to try to get your mortgage processed as quickly as possible. Improperly filed mortgage applications are one of the biggest reasons why home sales get delayed, and if you have a hard move-out date already set, it's critical that your mortgage process goes smoothly. With careful planning, though, you can shorten the mortgage process and get your financing approved faster. Here's what you need to do to speed up the approval. Get Your Paperwork in Order Before You Apply One of the biggest reasons why mortgages get delayed is because the applicant is…
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