Appraisers be like...
Appraisals are the root of most problems in Real Estate lately it seems like! They are always a tricky subject in the real estate world. On one hand, they provide an independent and objective opinion of a home's value. On the other hand, they can often stand in the way of a sale. In recent years, appraisals have become even more important, as stricter lending standards have made it more difficult for buyers to obtain financing. As a result, many deals have fallen through when the appraised value came in lower than the agreed-upon purchase price. While some argue that appraisals are the root of most problems in real estate, others argue that they are simply a necessary part of the process. Ultimately, it is up to the buyer and seller to decide whether or not to move forward with a deal.
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