What If Your Tampa Bay Home Sale Ends Up With A Faulty Appraisal?

Published On: June 16, 2018|Categories: Blog, Buyers, How-To, Tampa|Tags: |

Did your home appraisal come in low because of a faulty appraisal? Every once in awhile faulty appraisals happen. We will be with you every step of the way, as your real estate team, to help push for an accurate appraisal. Some things we will look for when fighting a faulty appraisal are the following:

Ignored Market Conditions– The Tampa Bay home values are growing swiftly. An experienced appraiser in the Tampa Bay area is aware of this trend. Plus, the appraiser needs to consider inventory, days on the market, and multiple offer situations. If they don’t, you may have a faulty appraisal.

Inaccurate Comparison Properties– Sometimes, appraisers may use foreclosures or short sales to make a comparison. This might end up with inaccurate comparisons and a faulty appraisal.

If your appraisal comes up short, we will investigate the appraisal to determine if it may just be a faulty appraisal.

THINKING OF SELLING YOUR TAMPA BAY AREA HOME?

If you’re interested in selling a Tampa Bay area home, please contact us for more information about listing your home. Check out our helpful article describing the process and how to decide if it’s the right time to sell.

ARE YOU BUYING A HOME FOR SALE IN TAMPA BAY?

If you’re thinking about buying a home in Tampa Bay, do a quick online search or check out our:

Our experienced agents know the area and would love to find you the perfect home in the Tampa Bay or any of the surrounding areas.  When you’re ready, call us at 813-961-6000, or contact us online. We handle real estate in Hillsborough County (the Tampa – St. Petersburg – Clearwater metropolitan area), real estate in Pasco County (Port Richey, New Port Richey, Dade City, Zephyrhills and San Antonio), and real estate in Pinellas County (Tampa – St. Petersburg metropolitan area.) We’ll help you find the right home for your needs!