A realty reality guide to successful real estate transactions for buyers and sellers. Written and spoken by a Georgia Realtor in Atlanta. What you want and need to know with some sarcasm, wit, and humor thrown in for good measure. Plus a dollop of homespun philosophy. Knowledge, strategy, and guidance for winning real estate results. Give it a try. You can reach me at djstavropoulos@kw.com.
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A realty reality guide to successful real estate transactions for buyers and sellers. Written and spoken by a Georgia Realtor in Atlanta. What you want and need to know with some sarcasm, wit, and humor thrown in for good measure. Plus a dollop of homespun philosophy. Knowledge, strategy, and guidance for winning real estate results. Give it a try. You can reach me at djstavropoulos@kw.com.
This episode covers the appraisal contingency, which is common when the buyer is getting a loan to purchase a property. The appraisal contingency allows the lender to appraise the home and provide an appraised value to the buyer. If the appraised value is lower than the contract price, the buyer has the right to ask the seller to lower the price to the appraised value. This difference can be negotiated and split between the seller and the buyer. But the buyer has the right to terminate the contract and get their earnest money back if the seller refuses to pay the entire amount. Thanks for listening.
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State of Real(i)ty
A realty reality guide to successful real estate transactions for buyers and sellers. Written and spoken by a Georgia Realtor in Atlanta. What you want and need to know with some sarcasm, wit, and humor thrown in for good measure. Plus a dollop of homespun philosophy. Knowledge, strategy, and guidance for winning real estate results. Give it a try. You can reach me at djstavropoulos@kw.com.