Appraisal Gaps - BEFORE you go under contract WATCH THIS! скачать в хорошем качестве

Appraisal Gaps - BEFORE you go under contract WATCH THIS!

Buying or selling a home in the Myrtle Beach area? In today’s market, it is so important for you to understand appraisal gaps and how they could potentially affect the sale. So, before you drop that appraisal contingency or accept that offer without one, make sure to watch this video! 00:00 Dealing with appraisal gaps in today’s market 00:28 What is an appraisal gap 00:52 Buyers – should you drop the appraisal contingency? 01:20 Gap Money DOES NOT count towards down payment 01:55 Sellers – BEFORE you accept that offer, watch this 02:25 Have an appraisal addendum to contract 03:05 What if the appraised value comes in lower than agreement? 03:35 Scenario 1 – Buyer comes up with entire appraisal gap amount 03:55 Scenario 2 – Buyer and seller negotiate a new contract price 04:12 Scenario 3 – Seller comes down the amount of remaining gap 04:32 Scenario 4 – Terminate the contract 05:05 Prepare for these scenarios BEFORE going under contract 05:30 Subscribe to the Hereda Team channel!