Green Escrow Services, Inc

The Latest in Paperless Technology

  • Home
  • About Us
  • Find Us
  • Services
    • Real Estate Sales
      • What is Title Insurance?
      • Why Do You Need Title Insurance?
      • 21 Reasons for Title Insurance
    • Business Opportunity Escrow Check List
    • Bulk Sales & Liquor License Transfers
      • Liquor License Escrow
      • Liquor License Transfer / Business Opportunity Check List
  • Meet Our Experts
  • Order Form
  • Why Use Green Escrow?
    • How Is Green Escrow Different?
  • Resources
    • How the Escrow Process Works
    • East Bay Professionals
  • Blog
  • Customer Services
    • Useful Websites
    • Property Transfer Tax Rates
      • Additional Communities – Los Angeles
    • Profiles and Farms
You are here: Home / Real Estate / Overbidding clashing with appraisals

Overbidding clashing with appraisals

October 21, 2021 By Geoffrey Disch Leave a Comment

The current practice of overbidding has resulted in 23 percent of home sales being delayed due to appraisal issues. Morevoer, 12 percent of the proposed deals ultimately fell through as the problem could not be resolved.

Since mortgage lenders will only lend the amount of the appraisal, those buyers seeking funding are increasingly having a difficult time.

To get around the low appraisal issue, come buyers are waiving the appraisal contingency, meaning they will make up the difference in cash.

Share

Filed Under: Real Estate Tagged With: appraisals

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search our site…

Mortgage Calculator

Loan CalculatorMortgage Calculator
Mortgage CalculatorMortgage CalculatorLoan CalculatorLoan Calculator

$

%

years

%

$ per year

$ per year

%




$

years

%



Our clients say...

“I have had the pleasure of working with the people at Green Escrow over the past 20 years. Everyone there has a "can do" attitude and a very efficient work ethic. Green Escrow's success is due to the supportive nature and professional attitude of their employees.”
by Dennis Harvey, J. Rockcliff Realtors

2010 Crow Canyon Place
Suite 212
San Ramon, CA 94583
Office: (925) 523-3232
Fax: (925) 523-3231

Real Estate & Business Information
Follow Us on FacebookFollow Us on LinkedInFollow Us on Yelp

Copyright © 2023 · Site by Last Laugh Creative