Clinton, Flemington and Hunterdon County New Jersey real estate listings, home buying, selling and relocation information

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Local Information: Clinton, Flemington and Hunterdon County New Jersey home buying, real estate listings, and homes for sale in Hunterdon County, NJ

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About Appraisals >Working With Appraisers

After the buyer and seller come to a "meeting of the minds" on the price of a house, there is one more person who must be convinced that the house is worth the selling price--the mortgage company's appraiser.

The appraiser looks for three similar houses that have sold in the same area within the last several months, and compares the selling prices of these homes with the one that is now on the market. The appraiser makes adjustments to account for the differences in each property, and averages the adjusted prices of the other three homes to arrive at a final opinion of value. In subdivisions or condominium projects where there are many similar properties and numerous recent sales, the appraiser's job is relatively easy. In neighborhoods of older homes that have been renovated or remodeled over the years, it can be like comparing apples and oranges.

If the appraiser's evaluation is lower than the selling price, it can stall the transaction because the lender may decline the buyer's loan because of the discrepancy. A real estate agent can work to minimize potential delays associated with the appraisal process by helping the seller to price the home as close to fair market value as possible.

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Q	What building has the largest windows in the world?
A	The Palace of Industry and Technology in Paris, France has three matching windows, each 715 feet high and 164 feet wide and comprised of multiple panes of glass.
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Mary Ann and Chuck Nelson, REALTORŽ, real estate agents and broker for Clinton, Flemington and Hunterdon County New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Mary Ann and Chuck Nelson
Weichert Realtors
9 W. Main Street
Clinton NJ 08809
(908) 391-8174
(908) 625-5678
Fax: (908) 349-3377
maryannchucknelson@NUMBER1EXPERT.com
Mary Ann: Hello! Thank you for visiting our website. I hope you find the Site to be informative and useful to you during your home buying or selling experience. Total service to my customers is what uniquely differentiates me from my peers and coupled with my local market knowledge and experience qualifies me to provide YOU the best in real estate service.

Chuck: Thank you for visiting with us. We have invested a lot of time and energy perfecting this website to meet your real estate buying and selling needs. We hope the real estate tips, community information, and property listings are both timely and useful to you during your home buying or selling experience. Our goal is to assist you in finding the perfect home to meet your individual lifestyle and home dream!

Awards: - Member Weichert President's Club (Top 1% of Weichert Company) - Member Weichert Ambassador's Club (Top 2% of Weichert Company) - Member NJAR Million Dollar Club - Member NJ Association of Realtors - Member of National Association of Realtors - Member of Hunterdon County Board of Realtors - Member Garden State Multiple Listing Service - Weichert Million Dollar Sales and Marketed Club
Designations: - Residential Listing and Sales Specialist

www.manelson.com is brought to you by Mary Ann and Chuck Nelson
NUMBER1EXPERTS™ in real estate for Clinton, Flemington and Hunterdon County, New Jersey

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