Today marks the 144th straight day that our appraisal reports have come in at value on our clients home purchases! In our growing and local market, new price points are set weekly and most of the time banks/appraisers have a hard time keeping up with the rapid uptick in values. Some of the markets that have experienced this rapid growth include but are not limited to: El Sereno, Frog Town, Boyle Heights, and the list goes on and on. Fortunately our appraisers know value when they see it!
When an appraisal comes back below the purchase price, you risk having to increase your down payment or renegotiating with the sellers in this competitive market. DON'T LET THIS HAPPEN TO YOU.
In a world of nightmare home buying experiences, our mission is to ensure your move into your new abode is a smooth and memorable one (in a good way!).