“Bad Appraisal Nets Seller Big Dollars!?”
Residential estate can create some UNreal events that can create UNexpected results. Two months ago in November of 2012, a home in Emerald Hills of Redwood City was under contract to a buyer for the price of $700,000. UNfortunately for this buyer, the appraised value came in at the UNbelievably low value
Residential Real Estate boom is UN-deniable!
The observations are that the residential real estate market is back an here to stay for a while! The 5 county bay area statistics show that the home prices have increase approximately 43% over the past 12 months. Some of these counties such as Santa Clara , San Mateo and
Cash Offers- its UNbelieveable!
Yes, it is UNbelievable- CASH OFFERS on million dollar homes. Recently, I closed a home in Palo Alto which was priced at $1,495,000 which received 5 offers. There were 3 which were ALL CASH and all the offers were significantly over the asking price. The final price ended up being