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Nesgroup address: alt.building.realestate - Date & Time for the message: / Author of the message: "Steve Horrillo" |
Title of the message: |
Re: Appraising my own house
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Text of the message: |
On 7-Jun-2005, wisdomfinder88@yahoo.com wrote: > >From what some realtors have been telling me, is that houses aren't > appraising for what you can sell them for in a hot market (eg. Florida) > > The appraisals are coming in much lower that the seller wants to list > the house for. > > IS THIS THE SIGN OF A BUBBLE?? Ever since I've been in the biz this has always been the case. Doesn't everyone like to think the sale of their home is going to solve all their financial problems. Not to mention the emotional attachment. A mother of the most ugly baby thinks the child is beautiful as well. My experience has shown me that If you expose the home to enough buyers for a long enough time you are always going to someone who is willing to pay above market value and put enough money down to make up for the low appraisal. Especially when the Press is feeding the frenzy. When a home sell over market value that raises |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.