Towson house appraisal

Why Would a House Not Appraise for Contract Sales Price in Baltimore?

October 28th, 2024

Why would a house not appraise for the sales price written in a Maryland residential contract of sale? When a Maryland residential contract of sale is agreed upon between a buyer and seller, and if that contract has an appraisal contingency as a part of the agreement, an appraisal may be ordered. --> Please note [...]

Why Did My House Appraisal Come in Low?

October 12th, 2011

Why did my house appraisal come in lower than contract price? Even with comparable sales to your contract price on your house on record, if there are other homes in the area that have sold for less since then, that says to an appraiser that values are dropping in the neighborhood. An appraiser's responsibility is [...]