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She advised us effectively...

Roni Chasin is truly a full service realtor. She advised us effectively on what we needed to do cosmetically to our home, prior to listing it; strategize wisely on when to list our house; she held our hands through every step involved in the sale, sold our house for above the asking price and quickly found us a lovely home and navigated us through that purchase. Throughout the sale and purchase of our new home, she remained an outstanding real estate professional, a support, a friend, a sounding board and a trusted confidant. 

Bruce

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Real Estate Tips
About Appraisals >Professional Appraisals

Before your mortgage application is approved, the lender will order a professional appraisal of the home to make sure that the agreed-upon selling price is justifiable based on the current market value of the property. The cost of the appraisal will be based on the complexity of the appraisal report and the time required to complete it.

A professional appraiser will choose the appraisal technique that is applicable to the particular property to arrive at an unbiased opinion of value. One approach is to look at comparable homes in the area that have sold within the last six months. If there are a number of similar properties that have sold recently, the appraiser's job is easy. It is more complicated to arrive at the appraised value if your home is located in a rural area or a diverse neighborhood.

The appraised value will usually be very close to the sale price. If the appraisal comes in lower, the real estate agent may be able to provide the appraisers with additional information on recent sales which will result in increased value.

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Real Estate Trivia
Q 
What weighs 320 tons and is considered the largest single block building?

A 
Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid.
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Roni Chasin, REALTOR®, real estate agent and broker for Short Hills, Livingston and Millburn New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Roni Chasin
Keller Williams Realty

488 Springfield Avenue
Summit, NJ 07901
Phone #: 973-202-2591
Fax #: 908-273-2996
Email: Roni@ChasinHomes.com

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