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Bryn Mawr, Gladwyne, Wayne and Mainline Information:
About Bryn Mawr, Gladwyne, Wayne and Mainline - Moving to Bryn Mawr, Gladwyne, Wayne and Mainline, Pennsylvania? Get info here...
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About Appraisals >Lender Appraisal
Many sellers think that the price of their home is determined solely by what they are willing to accept and what the buyer is willing to pay. However, there is one more variable that can affect the sale of a home assuming that a bank loan is involved -- the lender's appraisal.
To protect the interest of their investors, the buyer's mortgage lender hires a licensed appraiser to give an independent, objective opinion of what the property is worth. The appraiser compares the house with similar homes in the neighborhood that have recently sold. Square footage, amenities and the condition of the home are taken into account. Renovations and home improvements made by the seller usually add value to the home, while defects such as needed repairs or code violations decrease the property's value. The seller's real estate agent can provide the appraiser with up-to-date information about neighboring homes that have sold to support the seller's asking price.
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| Q |
What famous Art Deco skyscraper is decorated with eagle hood ornaments, hubcaps and abstract images of cars?
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| A |
New York's Chrysler Building, designed by architect William Van Alen in 1930, was one of the first buildings composed of stainless steel over a large surface area.
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Roberta Barolat Prudential Fox & Roach 338 W. Lancaster Avenue Haverford, PA 10941 610-649-4500 Fax: 610-525-5646 homes-mainline@NUMBER1EXPERT.com
Relocating across the street or around the globe requires the skill and expertise of a Real Estate Professional. Over the past 15 years, Roberta Barolat has worked with hundreds of clients to successfully buy and sell some of the finest homes on the beautiful Philadelphia Main Line. Clients trust, respect and depend on her to manage the details of their real estate transactions. She specializes in domestic and international relocation and works with many clients, including relocating executives, who speak Italian, French and Spanish. Call or email her today!
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