Castro Valley, Alameda, and San Leandro real estate and homes for sale in California, unique architecture and old homes - Carol Kennedy, REALTOR® Carol Kennedy REALTOR(r) for Castro Valley, Alameda, and San Leandro, California real estate, unique architecture and old homes - NUMBER1EXPERT™ Carol Kennedy NUMBER1EXPERT(tm) for Castro Valley, Alameda, and San Leandro, California real estate, unique architecture and old homes

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Carol Kennedy, REALTOR®, real estate agent and broker for Castro Valley, Alameda, and San Leandro California home listings, property and land for sale - NUMBER1EXPERT(tm)


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Real Estate Tips
About Appraisals >Working With Appraisers

After the buyer and seller come to a "meeting of the minds" on the price of a house, there is one more person who must be convinced that the house is worth the selling price--the mortgage company's appraiser.

The appraiser looks for three similar houses that have sold in the same area within the last several months, and compares the selling prices of these homes with the one that is now on the market. The appraiser makes adjustments to account for the differences in each property, and averages the adjusted prices of the other three homes to arrive at a final opinion of value. In subdivisions or condominium projects where there are many similar properties and numerous recent sales, the appraiser's job is relatively easy. In neighborhoods of older homes that have been renovated or remodeled over the years, it can be like comparing apples and oranges.

If the appraiser's evaluation is lower than the selling price, it can stall the transaction because the lender may decline the buyer's loan because of the discrepancy. A real estate agent can work to minimize potential delays associated with the appraisal process by helping the seller to price the home as close to fair market value as possible.

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Real Estate Trivia
Q 
What are the world's most valuable chairs?

A 
A pair of Chippendale chairs designed by Robert Adam sold in 1997 at Christie's, London to an anonymous buyer for $2,762,330.
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Carol Kennedy, REALTOR®, real estate agent and broker for Castro Valley, Alameda, and San Leandro California home listings, property and land for sale - NUMBER1EXPERT(tm)

Carol J Kennedy
Remax In Motion

3160 Castro Valley Blvd.
Castro Valley, CA. 94546
Direct: (510) 414-0195
Home Office: (510) 430-0474
Fax: (510) 430-0324
Email: kcaroljean@aol.com

I am a local native. I know real estate and the area well. I was born and raised in Alameda, California. I moved to San Leandro in 1976, where I purchased my first home. My office is located locally in Castro Valley. Experience is essential in today’s market. My 20 plus years of real estate experience have been working successfully time and time again in this and the surrounding areas. My integrity, years of experience, old fashioned customer service and cutting edge technology, put me way ahead of my competition. I am looking forward to our partnership on one of the most important undertakings of your lifetime! Contact me today at (510) 414-0195. I look forward to hearing from you!

MLSREALTOR


RE/MAX real estate and homes for sale in Castro Valley, Alameda, and San Leandro California

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