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Why is an Appraisal Important When Buying or Selling a Home?

One the biggest components in buying a home when a lender is involved includes an appraisal. If you buy a home with cash and sometimes with a conventional loan, you can bypass this step. With an FHA loan and an VA loan, you cannot.  What is an appraisal?  In simple terms and Appraisal is a valuation of property.  An appraisal ordered for the purchase of a home is to determine if the price agreed upon by seller and buyer is acceptable by the lending institution. If an appraisal comes in low, the lender will likely decline to fund the deal. Unless the buyer is willing to come to the contracted price the deal to purchase can fall apart.  So what happens if the Appraisal come in Low? Sometimes a buyer will pay over the appraised value in order to buy the home. Sometimes the seller will lower the contracted price to the appraised value in order for the deal to continue. Sometimes the deal falls apart.  Loan types will determine what you can do as a buyer to get past the low appraisal. A con

Visit Perdido Key, Florida: Land's End



Perdido Key is a perfect small town to spend holiday. Located between Pensacola, Florida and Gulf Shores, Alabama, Perdido Key is situated smack dab in between many vacationers but without the noise. Perdido Key boasts beautiful, white sand beaches and a scatter of restaurants within driving distance.

Where to Stay
Land's End



Land's End is a condo and though I love to share with you houses, this condo is located at end of a run of houses and condos. To the right of this building is nothing but National Seashore and to the left are private homes. If you want a vacation where you are semi-secluded with top notch amenities, I would suggest Land's End. There are not many condos to rent at all in this building which I find very interesting. Mostly your neighbors will be owners or guests of owners. 

This condo provides three bedroom and has room for eight guests. 


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