appraised value: Lenders & Appraisers : No More Silent Treatment! - 07/11/10 10:09 AM
Via Facebook and the Realtor Action Center, I just read this article by Kenneth R. Harney in The Washington Post regarding Fannie Mae and appraisals.  Fannie Mae, beginning in September, must contact an appraiser where there is a discrepancy between the value they give a property and that of the electronic, non-onsite valuation process.
Wow! That's a welcome change from what HVCC has been allowing!  Lenders can talk to the appraisers?  Awesome!  Feet-on-the-ground appraisers can use their experience and better judgement to uphold a sales price?  What a novel idea!
For the most part, I think we've been pretty fortunate in this area.  … (12 comments)

appraised value: Mr. Seller, Price Your Home Correctly...But the Appraisal May Still Be Low - 12/31/08 05:48 AM
On Friday, I attended my last closing of 2008.  I worked for the buyer, who happens to be a friend from church.  She'd been thinking about buying for several years, but called me out of the blue just before Thanksgiving and said she was ready, pre-approved and even knew which house she wanted to purchase!
The property she chose is a circa 1920's duplex with high ceilings, soaring windows, around 1500 square feet and had been beautifully renovated about 5 years ago.  Listed just under $130,000 and located in the older section of Martinsburg, WV, it had been on the market since early … (7 comments)

 
Amy Salisbury, West Virginia Realtor/Jefferson/Berkeley (Leading Edge Properties)

Amy Salisbury

West Virginia Realtor/Jefferson/Berkeley

Charles Town, WV

More about me…

Leading Edge Properties

Address: 130 Augustine Avenue, Unit 54, Charles Town, WV, 25414

Office: (304) 724-9191

Mobile: (304) 582-3635

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Observations on the local real estate market in the Eastern Panhandle of West Virginia and the market in general. Buying,Selling,Real Estate,Charles Town,Harpers Ferry,Shepherdstown,Martinsburg,Berkeley County,Inwood,Bunker HillFeedjit Live Blog Stats
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