Port Orange Real Estate : Appraisals in Today's Market

   In spite of Rising Home Prices across Florida, a concern of many Realtors is that low Appraisals are delaying or stopping closings. They have to negotiate deals or buyers walk away. There are a few ways to help the Appraisal process.  Now, while the Dodd Frank Act helped to reform the Appraisal process, it is still an art. They can only work with what is available to them and the actual numbers. There are steps that home sellers and agents can take to ensure a fair and accurate appraisal.

1) - Don't Overprice-  While every homeowner wants as much as possible, it can be tricky when pushing the edge of the Market. Make sure that your Realtor gives you accurate Comparables of your home when pricing it. ( Sold in last 6 Months, Square Footage, etc. ) Use this information and price accordingly. While we can hope for a Cash Buyer that won't ask for an Appraisal, it might not happen.

2) - Be Accomodating - Agents cannot pick the Appraisor, but they can be helpful to them. Making themselves available to Open the House and any Questions they may have. There should be no pressure put on the Appraisor, so it is reccomended that Homeowners not be there. This is particularly helpful if the Appraisor does not have access to MLS or Lockboxes in your area.

3) -Provide Information- It has become frequent that many of the Appraisors are from out of the area. They may not know everything about your area. The Realtor can provide the comparables from the area as well as any community information and Dates and types of repairs done to improve the home.

While there is no Guarantee that your home will Appraise, these tips should help. Pricing in the Market is the biggest factor, but being pro-active by providing information will be helpful.

If you are thinking of Buying or Selling in the Port Orange Area, contact us at Selling Daytona Homes. We will help you find the right home, or sell yours. Use our site to look for homes in the Area and see what some of the Cities have to offer.

Port Orange Real Estate : Keep an Eye on Your Credit!!

If you are considering buying a home, you need to start thinking about your credit. Your Credit Rating will effect your Rate and how much you can borrow. Not having Credit due to not using it is like having bad credit. You have to approach Credit wisely and keep track of your Rating.

-Check your Credit. You are allowed, under a law called the Fair Credit Reporting Act, to get a free copy of your credit report every year from each of the big nationwide reporting agencies noted above. Remember that getting a free credit report does not include your credit score. That may cost you a couple of Dollars, but it could be worth it.

-Fix your Credit. FICO is the Company that does the math for your Credit report, and they have a lot of tips for fixing and improving your credit raitng. They also have a link for help for disputing errors in your credit history.

Your Credit is important. It can take time to build Good Credit, but can be ruined very quickly. Develop good habits and stick with them.

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Port Orange Real Estate : Consumer Tips - Craig's List Scams !!

There have been innumerous SCAMS on Craig's List. Currently one of our Listings for Sale has been posted on Craigs List as a Rental, and the Owners are not posting it for rent.  The Scammers are trying to get money and information. Craig's List has provided their own warning to consumers at THIS LINK . Work with someone you have met in person and can verify their identity.  Your Safety and Identity is at Stake.