REDUCING RISK - USE A BUYER'S AGENT (PT 6)
FOR SALE BY OWNER (PT 5)
(Bill Gassett)
APPRAISAL PROBLEMS
When you overpay for a property, as mentioned above you can run into appraisal problems. The difficulty with a home appraising goes up exponentially when you are dealing with a buyer and a seller who are not using professional real estate agents.
Often it is the blind leading the blind. Not using a Realtor can create real estate appraisal problems that must be overcome.
Can you imagine having your home under agreement, getting an offer accepted on a for sale by owner only to find out it doesn’t appraise for what you are purchasing it for?