What Happens If The House Doesn't Appraise

What Happens If The House Doesn't Appraise

What are my options if the house I'm buying doesn't appraise? What happens if you are under contract to buy a house and the appraisal comes in low?  You've completed your inspections, and all went well.  Repair issues have been worked out with the Seller.  You've applied for your mortgage.  During this process, your lender will order an appraisal of the house.  They want to be sure of its value before loaning you the money.   Usually when the appraisal is done, either the listing agent or the buyer's agent involved in the transaction will meet the appraiser with comps - comparable sales … Continue reading...

Search Properties on ElyseBerman.com

Did you know you can search properties on our website? Click here to check out our full MLS search on our website!  Simply enter the qualities you want most in a home and instantly view homes that match your criteria! … Continue reading...

PROPERTY WATCH: Be the First to Know

Did you know the hottest homes on the market often sell within days of being listed? By signing up to receive email alerts you can stay on top of the hottest homes! Click here to create a custom search and set up unlimited Property Alerts! … Continue reading...

Search Available Homes for Sale by Map

Hand holding mobile phone with map and text Try Our Advanced Map Search

See available homes for sale by Map! Our Advanced Map search can show you properties using several advanced tools. Zoom in on any area to see homes for sale, draw boundaries around a particular area or select a radius around a certain point. … Continue reading...

10-Step Guide to Buying a House

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Check out this great Realtor.com resource! You'll find 10 great articles here to help guide you through the home buying process! Are You Ready to Become a Homeowner? Whether you’re becoming a homeowner for the first time or you’re a repeat buyer, buying a house is a financial and emotional decision that requires the experience and support of a team of reliable professionals. Get a REALTOR® In the maze of forms, financing, inspections, marketing, pricing and negotiating, it makes sense to work with professionals who know the community and much more. Those professionals are the local … Continue reading...

Seller Advice from the Experts

Beautiful white colonial house with USA Flags and decorations a text that says Selling Your Home

What is Dual Agency? When a buyer is represented by the same brokerage firm that has the listing, it is called dual agency. When one agent represents both the buyer and the seller in a real estate transaction. Listing Agent vs. Buyer Agent: Who Works for You? It may seem perfectly logical to call the agent on the yard sign while driving around your dream neighborhood searching for your next house. 6 Creative Open House Ideas To Sell Your Home Fast It’s easy to see the value of an open house—a designated time for prospective REALTORS® and buyers to scope out your home while on … Continue reading...

Getting a Mortgage

Home Loans

How a Loan Forbearance Can Save Your House Knowing you may lose your home because you can’t keep up with the mortgage payments is a terrifying prospect. Smart Financial Planning Must Come Before Homeownership Whether you’ve got house envy about your best friend’s new place or just want to start building equity instead of renting, the first time you think about becoming a homeowner…  7 Types of Loans: Which One Fits Your Needs? Whether you’re looking for a new home or need to do some considerable remodeling, you’re probably going to need a loan. Is a Second Mortgage Your Best … Continue reading...