Southern California Real Estate: How Appraisals Affect Both the Buyer and Seller
Channel: Melinda Elmer
Date: 2016-07-06

What are appraisals exactly? It's a home valuation performed by a third party that has been hired by a lender to determine the value of a home in a real estate transaction. The bank wants to protect their investment, so they need to know the value that they can sell the home for in the event of something like a foreclosure. The appraisal can have numerous effects on both buyers and sellers in our market. To learn those effects, watch this short video. - http://melindaelmer1.blogspot.com/2016/06/southern-california-real-estate-how.html


Buying a home? Check out our free home search: http://melindaelmer.com/idx/listings/our-listings/

Selling a home? Check out our free home value report: http://melindaelmer.com/sellers/

Melinda Elmer
The Elmer Team
66621 E. Pacific Coast Highway
STE 150
Long Beach, CA 90803
Phone: 562-316-2915
Alt. Phone: 562-316-2995
Fax: 562-961-1401
melinda.elmer@gmail.com