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Car Buying Car Selling Calculators 4 smart moves to challenge a home appraisal By: Ingrid Case, September 25th 2016 Tweet Tweet Here's a nightmare scenario for anyone trying to sell a home: a deal-killing how to dispute a home appraisal appraisal that shows your house isn't worth nearly as much as your sale
How To Challenge An Appraisal
price. This is not an uncommon occurrence. Each month, about 1 of every 10 real estate agents reports that low how to fight a low appraisal and win appraisals scuttled a home sale, according to the National Association of Realtors. A low appraisal can lead to a canceled sales contract because lenders won't approve mortgages for more than the home's value.
How To Dispute An Appraisal Report
But if you believe your home is worth more than the appraisal shows, what should you do? Most lenders have a process for challenging an appraisal, says Bob Lear, a real estate appraiser for more than two decades. But you must be prepared to point out mistakes the appraiser made in comparing other properties or by missing new or upgraded features in your home. Our 4 contesting an appraisal smart moves won't guarantee the outcome you're looking for, but they should help protect against honest mistakes. After all, an appraisal is just the appraiser's opinion. Smart move 1. Give the appraiser a reason to change opinion. Appraisals by the Numbers Source: National Association of Realtors Number Explanation 76% Realtors who reported appraisals with no problems. 6% Realtors who said a low appraisal caused a sale delay. 9% Realtors who said a low appraisal led to a renegotiated sale price. 9% Realtors who said a low appraisal led to a canceled sale. Too many people just contact the appraiser and say "you're wrong," says Lear, owner of Lear-Annoni Appraisals in Eden Prairie, Minnesota. That tactic won't yield a new appraisal. To get a second look, "you have to provide me different data — data that is different than the data I used," he says. Read your copy of the home appraisal, then consider whether you can offer the single most persuasive item: new comps. A "comp," in the real estate world, is a point of comparison. The best way to know what a home is worth, the argument goes, is to compare it to a
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Home Who Are The Copts Mission Issues How You Can Help Site Map Events Newsletter Links Ashraf Ramelah Board Contact Your sole source of information regarding persecuted Christians of Egypt.[Learn More] 833 items tagged "Egypt" http://www.voiceofthecopts.org/index.php/component/easytagcloud/137-module/Egypt Results 1 - 833 of 833 Egypt's ISIS affiliate kills police driver in the Sinai Category: News Created on Saturday, 27 August 2016 08:51 Egyptian security officials on Thursday said a police driver kidnapped this week has been publicly shot dead in Sinai by suspected jihadists from the local Islamic State how to (ISIS) affiliate. The officials, quoted by The Associated Press, said three terrorists and the policeman arrived Thursday at el-Arish's residential al-Masaeed district in a green pickup truck. The policeman, blindfolded with his arms and legs tied by a robe, was then brought out and shot twice in the head. how to dispute He had been kidnapped by the jihadists Tuesday while driving a police car in el-Arish. The officials spoke on condition of anonymity because they were not authorized to speak to the media. Egypt has been fighting an insurgency in the Sinai which began shortly the 2011 ouster of former President Hosni Mubarak and has gotten even worse since the army ousted former Islamist President Mohammed Morsi in 2013. Most of the terrorist attacks in the Sinai have been claimed by the Sinai Province terrorist group, which has pledged allegiance to ISIS. Among the attacks claimed by Sinai Province in recent years were the assassination of a top Egyptian police general, who was gunned down as he left his home in a west Cairo neighborhood, and a bus bombing on a tour bus filled with South Korean tourists in the Sinai. The group has also claimed responsibility for s