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Homeowners: Your House Must Be Sold TWICE

Monday, November 20, 2017   /   by Willie Smith

Homeowners: Your House Must Be Sold TWICE


In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal.


If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that recently closed) to defend the selling price when performing the appraisal for the bank.



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United Real Estate
1440 East Arlington BLVD Suite A
Greenville, NC 27858
252-355-3129
 
3713 Nash St NW
Wilson, NC 27896

3227 Henderson Dr.
Jacksonville, NC 28546

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