In a transition market, either up or down, you have to acknowledge the inventory to get your appraisals. Traditional sales are up 16 percent, but distressed properties are still dominating the market and appraisers have to make adjustments. We are transitioning upward so fast that the properties are enduring bidding wars causing the prices of homes to exceed the asking price. First time home buyers have to make an important decision for the first time under pressure of competitive offers. Literally in today’s market the house that is here today isn’t gone tomorrow, it’s gone in an hour! So while the bids are competitive, appraisers are working hard to find comps carefully under the new laws, and the buyers are scrambling to find properties that are not in bidding wars.
That’s where I can help… because I can guide you to make competitive offers and not feel pressured. I understand how frustrating it is with the lack of inventory and know how important it is for you to see what comes on the market first! I also know how important it is for you to find a good appraiser that will take the time to adjust the distressed homes so that you can sell your home for what it’s really worth! I also will assist you in finding a reputable mortgage company so that you can get pre approved prior to putting in your offer, so the sellers will take your offer serious. I will assist you by using my knowledge of what's happening in the market today, so that you too will be educated and confident with your decision!