Short Sale El Dorado Hills-Short Sale Appraisal
I’m currently in escrow on a great short sale in El Dorado Hills. Once in escrow, the buyer’s lender will order an appraisal. Does the fact that the home is listed as a short sale affect the appraisal or the value of the home?
The appraiser is looking solely at the value of the home, not the fact that the home is listed as a short sale in El Dorado Hills. When writing the appraisal, he will use the best comparables available regardless if they are short sales, traditional sales, or foreclosures.
The appraiser will use comparables from the same El Dorado Hills neighborhood if possible in order to provide the buyer’s lender with the most accurate appraisal possible.
If you’re considering a short sale in El Dorado Hills, find out about Short Sale Facts & Myths, and see if you qualify for a short sale in El Dorado Hills.
Find out the value of your El Dorado Hills homes.
Short Sale El Dorado Hills-Short Sale Appraisal
Posted by Allan Sanchez Short Sale Agent El Dorado Hills www.AllansHomes.com
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