Skip to main content

Featured

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

A Day for Phantom


My mother decided instead of presents under the tree at Christmas this year, she would give us a day at the Opera. We are so happy she did. Experiences to me or better than a physical gift any day. I love to travel... as we speak I'm looking at what to do for Christmas next year.... I want to take a cruise. I could travel everyday and be completely happy. A pair of jeans or jewelry is likely to be a forgotten gift.

I'm off subject...

We woke up this morning excited to receive our gift. I popped a can of biscuits and fried up some bacon. We took turns taking showers, shoving syrup biscuits down our throats and applying our faces. Around 11, Mom picked us up and I drove us down to Norfolk and to the Chrysler Center. Of course I forgot my camera and my phone was seriously already dead. Luckily mom and Douglas took a few shots. 

We got a drink and a pretzel before the show and then when time came found out seat in row R and settled in. The Phantom of the Opera was beautiful and funny too. The set was crazy nice and the steps that appeared and disappeared right in front of your eyes were amazing. We loved all of the lights, the fires and of course the chandelier drop! 

This experience is something we won't forget and when we start thinking about what Christmas presents we received last Christmas we won't hem and haw. We will remember The Phantom of Opera is here.... inside our minds.


Comments