Are homes overpriced to accommodate the seller donation?
A seller’s home can sell for full market value. It is less likely that a seller will need to accept a reduced offer for their property. Market value is then confirmed by a URAR appraisal to ensure that the home is not overpriced. The appraiser must substantiate the value of the home based on sales of comparable properties. The price of a home cannot be higher than its appraised value.
Related Questions
- We can build handicap accessible homes with features to accommodate a family with special needs or health considerations. Sometimes the question comes, Well, if Im handicapped, how can I work my sweat equity hours?
- Are homes overpriced to accommodate the builder donation?
- Are homes overpriced to accommodate the seller donation?
