Common Myths about Apprasials

Common Myths about Apprasials in the Home-Buying Process
Information from rismedia.com

Myth 1: “A lender and an appraisal cannot communicate before, during, or after an appraisal is complete.”

Myth 2: “Nothing can be done if the lender has concerns or questions regarding a completed appraisal.”

Myth 3: “Lenders must use an Appraisal Management Company (AMC) to order an appraisal.”

Myth 4: “AMC’s are necessary to ensure the appraisers are not influenced by the lender.”

Myth 5: “An appraiser is hired by the borrower”

Myth 6: “The money put into the home translates dollar for dollar into a higher appraisal.”

Myth 7: “The appraiser sets the value of a home.”

Myth 8: “Appraisers and home inspectors perform the same function.”

Myth 9: “Real estate brokers are prohibited from communicating with appraisers.”

Myth 10: “Nothing can be done if a real estate broker has concerns or questions regarding a completed appraisal.”

Myth 11: “Appraiser request copies of the purchase agreement from brokers simply so they’ll know how much to appraise the home for.”

Myth 12:  “Home builders are prohibited from communicating with the appraiser.”

Myth 13:  “Nothing can be done if the home builder has concerns or questions regarding a completed appraisal.”

Myth 14:  “Appraisers only rely on comparable sales and do not take into account the cost to build a home.”

Appraisal Road Sign Illustration Design

 

To read the FACTs behind the MYTHs about appraisals
Please click here.

 

2010 President Women’s Council of REALTORS® Crystal Coast Chapter
252.646.4656 cell · 252.354.2958 office
Southern Outer Banks NC | Crystal Coast NC | Coastal Carolina

FREE alerts of HOT properties in Emerald Isle NC HOT properties Emerald Isle NC, Kathryn Gorham

Copyright © 2014 by Kathryn Gorham, All Rights Reserved. Permission granted to re-blog or re-print with the stipulations that you do
not alter the original content and that you provide a link back to this article in the re-blog or re-print. First printed at
http://homesemeraldisle.com/blog/ this article… Common Myths about Appraisals.

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Vacation Home Sales Surge

Vacation Home Sales Surge
Information from rismedia.com

Vacation Home Sales SURGE in 2013.

According to the National Association of Realtors’ “2014 Investment
& Vacation Home Buyers Survey, Vacation Homes jumped 29.7%
in 2013 to an estimated 717,000 sales up from 553,000 in 2012.”

“Vacation home sales accounted for 13% of ALL transactions last year,
their highest market share since 2006.”

This is very encouraging news for us in Emerald Isle NC, where a lot of
our sales are vacation and second homes.

To read more about the vacation home sales surge
Please click here.

house_sold

 

2010 President Women’s Council of REALTORS® Crystal Coast Chapter
252.646.4656 cell · 252.354.2958 office
Southern Outer Banks NC | Crystal Coast NC | Coastal Carolina

FREE alerts of HOT properties in Emerald Isle NC HOT properties Emerald Isle NC, Kathryn Gorham

Copyright © 2014 by Kathryn Gorham, All Rights Reserved. Permission granted to re-blog or re-print with the stipulations that you do
not alter the original content and that you provide a link back to this article in the re-blog or re-print. First printed at
http://homesemeraldisle.com/blog/ this article… Vacation Home Sales Surge.

The post Vacation Home Sales Surge appeared first on Emerald Isle Homes.

Half Duplex for sale – Emerald Isle NC

109 Melaine Street West

Emerald Isle NC

This home is all about the beach LIFESTYLE! You will not find another one in this price range with the great views of both the Ocean and the Sound.  This three story half duplex boast multiple decks to sit, relax, and enjoy the saltwater air.  This home also features great open flow between the kitchen, livingroom, and dining room on the second level and an extra livingroom on the first level. Click the image below to see for yourself how great this property is.

109 Melaine Street

 
 
 
Kathryn Gorham | Sun-Surf Realty | Emerald Isle North Carolina
www.KathrynGorham.com
252.646.4656 cell · 252.354.2958 office

Southern Outer Banks NC | Crystal Coast NC | Coastal Carolina

FREE alerts of HOT properties in Emerald Isle NC HOT properties Emerald Isle NC, Kathryn Gorham

Copyright © 2013 by Kathryn Gorham, All Rights Reserved. Permission granted to re-blog or re-print with the stipulations that you do not alter the original content and that you provide a link back to this article in the re-blog or re-print. First printed at http://kathryngorham.com/emeraldislecarolinablog this article… 109 Melaine Street Emerald Isle NC

The post Half Duplex for sale – Emerald Isle NC appeared first on Emerald Isle Homes.

GKR-noedge-2017_xsm
Green Key Realty • 8754 Reed Drive #14•Emerald Isle NC 28594
Kathryn Gorham • 252.646.4656
Brandie Morton • 252.503.2755
Maya and Kathryn Gorham