Many sellers think that the price of their home is determined solely by what they are willing to accept and what the buyer is willing to pay. However, there is one more variable that can affect the sale of a home assuming that a bank loan is involved -- the lender's appraisal.

To protect the interest of their investors, the buyer's mortgage lender hires a licensed appraiser to give an independent, objective opinion of what the property is worth. The appraiser compares the house with similar homes in the neighborhood that have recently sold. Square footage, amenities and the condition of the home are taken into account. Renovations and home improvements made by the seller usually add value to the home, while defects such as needed repairs or code violations decrease the property's value. The seller's real estate agent can provide the appraiser with up-to-date information about neighboring homes that have sold to support the seller's asking price.

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Kathy Justice
ResortQuest Real Estate
14620 Perdido Key Drive
Perdido Key, FL 32507
Direct Line: 850-712-4631
Fax: 866-561-1936
kathyjustice@NUMBER1EXPERT.com
kjustice@resortquest.com

Kathy is a leading real estate expert in Perdido Key, Florida whose exceptional market knowledge and genuine care for customer service catapolted her to #1 Volume Agent in Perdido Key in 2007 & 2008. "I don't view myself as a salesperson; I'm more of a teacher. I enjoy the process of educating people and providing them with the information they need to make the best decisions for themselves and their families." Kathy is more than an accomplished Realtor, she is also a Mechanical Engineer whose name appears on an international patent, a competitive athelete, and a spiritual woman whose faith is at the center of her achievements. Top-notch customer service is at the foundation of Kathy's business and she tailors her work to each client's specific needs. "I appreciate the opportunity to serve my customers and look forward to sharing the many wonderful opportunities in Perdido Key!"

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