Miami real estate news and information

Appraisals NO LONGER Derailing Real Estate Transactions for 2 Reasons

Why are appraisals no longer derailing real estate transactions?   In South Florida there seem to be two reasons:

1)  Appraisals are coming in higher now than they have been in the past few years.

2)  Even when appraisals come in below contract price,  buyers seem to be braced and ready to scrounge up (or dig deep into their pockets) to fill in the gap  … because if they don’t,  someone else can … and will.

The real estate market is heating up  quickly here in Miami.  Properties are going under contract  within days or weeks of being listed – and many of them are closing very close to list price … if not higher!

Looking to buy/sell/or relocate?  We would love to help you!   Vicki Restivo and Alexandra Hechtman …   EWM REALTORS   305 793-1365 [email protected].    Call any time!

 

To receive my blog posts directly to your inbox, click here to subscribe.