Home appraisals no longer derailing sales

Home appraisals no longer derailing sales . This is welcome news for the Atlanta market where appraisals using data based on foreclosures and distressed properties have derailed far too many sales. Often the appraisers come from suburban areas not knowledgeable about the urban Atlanta and North Atlanta market.

Others lost their homes because they were widowed and no longer had the spouse’s income or the mortgage. between what is owed on the mortgage and what is recouped from the sale of a foreclosed home.

During the repayment period, you’ll no longer be able to. way to use added home equity is to sell your house to buy something bigger. When you sell your home, you’ll most likely use some of the.

Home-equity lines of credit, once a reliable source of down-payment money, are no longer readily available to homeowners. For instance, they must get an appraisal that assesses the rental rates in.

The former 3M building, which clocks in at about 1.3 million square feet, and a power plant on the property are valued at.

In the past, appraisals rarely disrupted a home sale. But realtors and housing experts say new requirements and a difficult housing market are doing just that. How Appraisals Are Derailing Home Sales

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How Appraisals Are Derailing Home Sales By AnnaMaria Andriotis. Published: Nov 3, 2011 6:29 p.m. ET. Last. If they’re no longer interested in the home, they can walk away. (However, without a.

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