One of the fastest ways to derail a real estate transaction is to have the appraisal come in lower than the contract sale price for a property.  We like to think of the real estate market as the bastion of the free market.  Buyers and sellers can transact freely and negotiate terms that are acceptable to each of them.  However, given that mortgage lending is required for the majority of real estate transactions, there can be some hang ups when a lender gets involved.   Mortgage lenders are educated […]

I just recently closed on the sale of this South Ogden home with some first-time home buyers.   My clients were hoping that shopping during late Fall would help them find a better bargain than during the more active selling seasons of Spring and Summer.     We toured homes all over Weber County while looking at homes in a particular price range.  We found a variety of homes in varying states of repair.  Some were complete fixer-uppers in nicer neighborhoods while others were smaller homes in superior condition.   […]