Ask real estate agents and home sellers who have been involved in transactions over the past decade about their experience with appraisers, and you may get an ear full.
Since the real estate crash in the mid-2000’s, real estate appraisers have had many new regulations imposed upon them. This resulted in a more conservative approach to appraising properties, which led to many disappointed home sellers and buyers who weren’t able to move forward with their contracts.
One solution…sell your home to a cash buyer so you can avoid appraisals and inspections. FasterHouse buys all of their homes for cash, so contracts never fall through because of a low appraisal.
Read this interesting article for more details about the changes to the appraisal industry, or if you need to sell your house please call us at 314-926-0660 or fill out this form