Episode 069 - Interview with Real Estate Agent Cate Lee She's Back!! By popular demand, Cate Lee (B's better half and more significant, significant other) is with B to talk about current market conditions, "low" appraisals, and an issue on one of her transaction that B helped save.   SHOW NOTES 01:00 – Cate is back with us. B is Mr. Cate Lee 02:00 – Update on what Cate has been up to. 04:20 – Discussion about "low" appraisals and no shortage of opinion. And sharing a legal description issue that dealt with appraisal issues. 05:55 – "Low" appraisal = appraisal that is below the purchase price. 08:00 – Preparing buyers and seller for the current market with crazy offers and likelihood of the "low" appraisal. 09:50 – Gap shortage language in purchase agreements. 10:25 – How many buyer's agents are doing a CMA for their buyer? 12:00 – Time crunch can affect the reaction time. 13:18 – Stop gap issue. Have conversation with buyer, are they willing to come up with the difference? 15:10 – If you want something, you can pay what you want. 16:30 – The lender is not willing to loan on a home for more than market value. 17:45 – What is time, energy, and memories worth to the buyer? 18:25 – What do you do from the seller's perspective? 21:00 – Gravy to the seller if the property appraises for more than market price. 21:56 – Preparing the appraiser up front: list of updates, comparables, and anything to help support the purchase price. 24:00 – When you have multiple offers, give that detail to the appraiser. 27:05 – Appraiser needs a lot of info to help support the value for the lender. 27:25 – Listing agents: communicate information when you close out properties. 27:45 – Cate's issue with a "duplex" property. 29:55 – All of the appraisers were right. What report is required. 34:15 – [email protected]   SHOW LINKS www.rubiconrealtor.com     BETWEEN THE LINES LINKS Email [email protected]   Web brianclee.com   Facebook https://www.facebook.com/groups/realestatebetweenthelines/ https://www.facebook.com/Brian-C-Lee-111822417027919/?   YouTube https://www.youtube.com/channel/UCcv4dHU39-b5_QVVCIhbcBA?  

Ver todos los episodios