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Punta Gorda, Port Charlotte and Charlotte County Information:

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Real Estate Tips
About Appraisals >Lender Appraisal

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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Real Estate Trivia
Q 
What island in the St. Lawrence River was given away on a television game show in 1964?

A 
Price is Right Island was given away by Bill Cullen on "The Price is Right."
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Sandra's Team, REALTOR®, real estate agents and broker for Punta Gorda, Port Charlotte and Charlotte County, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Sandra's Team
RE/MAX Palm Realty

1700 Tamimai Trail Suite G
Port Charlotte, FL. 33948
Cell: 941-276-6670
941-975-4484
Fax: 941-743-5518
Email: Saundraosorio@gmail.com

Sandra Osorio is a multi-lingual and multi million dollar realtor! With an extensive real estate background and excellent knowledge of the area The Sandra Osorio Team is your best choice for your real estate needs! Se Habla Espanol, Falo Portuguese, Parlo Italiano! Buy or Sell with the Sandra Osorio Team and receive a Cruise Certificate for two! Learn more at www.SandrasTeam.com!

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