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Rachel LaMar, J.D.
Broker, Attorney, Owner
LaMar Real Estate
Rachel@LaMarRealEstate.org
Cellular 760-310-9466
CA BRE# 01399682

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News, Views and Opinions on Real Estate, Law and the North San Diego Community

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rachel
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Rachel LaMar, J.D.
Broker, Attorney, Owner
LaMar Real Estate
Rachel@LaMarRealEstate.org
Cellular 760-310-9466
CA BRE# 01399682

News, Views and Opinions on Real Estate, Law and the North San Diego Community

Posts Tagged ‘appraisals’

New Appraisal Exemption Rule In Effect

As of October 9 there are new rules on appraisal, or rather which homes will no longer require them. Certain properties under $400,000 are now exempt from appraisal. Instead, exempt properties will be evaluated by the lending institutions with an estimate on property value. Here are the properties that will fall under the exemption: 1.…

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Appraisals are Creating Issues…Again

Appraisals are causing problems again for buyers and sellers for the first time in many years. Many appraisals are not coming in at value, despite comparables that support contract prices, leading to problems between buyers and sellers. Prices have come up quite a bit in many areas in the last few years, San Diego County…

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6 Types of Monkey Business Going on in Real Estate Now

If you are a real estate agent or a home buyer you may notice that the market is obviously low on inventory right now. Being that it is the “selling season” of Spring/Summer, and since there are a lot of buyers out there looking at homes, there are many situations involving multiple counter offers and…

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How To Get the Highest Appraisal Value for Your Listing

Appraisals are getting “tighter” and soon even more deals could begin crashing as buyers and sellers haggle the run up in asking prices. Understanding  ( to an appraiser) your  listing is simply a $500 appraisal fee, to you it’s a 3-6% commission; so by being proactive you will minimize the risks of losing large commission checks !…

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Current Housing Market Challenges

We all know that the housing market has been in recovery, and in most areas like here in San Diego, things are looking pretty positive. However, there are some challenges that face buyers and sellers in any market. Let’s take a look at some of those that should be considered now if you are a…

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What Price Should Buyers Offer on a Home in Today’s Market?

Many real estate markets across the country, including here in San Diego County, are currently experiencing seller’s markets, due to low inventory levels and increased demand for homes. Many homes receive multiple offers and are priced over neighborhood comparable sales values, and there are also many situations reported where buyers will remove appraisal contingencies in…

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Are We Headed Toward Another Housing Crash?

There are many people who feel we are headed toward another real estate bubble. With scare inventory, increasing prices, bidding wars, multiple offer situations, governmental programs falsely inflating prices, and buyers willing to pay over appraised value to purchase a home, it is easy to see why many feel this way. Today’s market is very…

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Don’t Let an Appraisal Ruin Your Sale

There has been a lot of talk lately in the real estate industry about inaccurate appraisals resulting in cancelled home sales. Appraisals have definitely been more challenging, as lenders and their underwriters place strict requirements on the use of comparable properties and of what exactly that can include. Both sellers and buyers have a few…

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5 Reasons Buying and Selling Real Estate is Difficult Today

Buying and selling anything in this economy can be a bit tricky, and that goes for real estate as well. Many buyers, who think they’ll be able to negotiate a phenomenal deal, are often discouraged when they actually get out there in the market and try to do so. Likewise, sellers who price their homes…

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