06/29/2021
Twice as many homes are seeing an appraisal gap than normal right now - as this gap grows we can help you navigate it at Windermere Real Estate/Cornerstone! For buyers, using the form 22AD (additional downpayment) can help strengthen your offer. For sellers, oftentimes accepting an offer that contains a 22AD can guarantee the most money for your home while keeping tricky negotiations at bay after mutual agreement - preventing your house from potentially going back on the market!
In todayโs real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, el...