The Appraisal Trap: How Lenders & Appraisers Impact Your Home’s Value

Many assume the real estate appraisal process is an exact science, but it’s far from perfect. However, in reality, appraisals are based on an individual appraiser’s interpretation of market data, which isn’t always as precise as buyers and sellers might hope.

Appraisals are one of the biggest wild cards in a real estate transaction. While most sellers and agents focus on a buyer’s financing strength, few consider how the lender selects an appraiser and what that means for the deal.

While appraisals serve an important role in the lending process, their accuracy can vary depending on who conducts the appraisal, how familiar they are with the local market, and the process by which they were assigned. In some cases, a poorly matched appraiser can create unnecessary roadblocks—even when the agreed purchase price is fully supported by market conditions. read more

Sunriver Oregon

Sunriver Oregon is home to much of Central Oregons highest priced real estate. Real Estate for sale in Sunriver, OR ranges anywhere from $10,000 deeded shared ownership condos all the way up to million dollar plus homes on the Deschutes River. Located above 4,000 feet in altitude, Sunriver receives more snow fall than nearby Bend. Sunriver is a vacation hot spot for many people from...