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

My Favorite Men's Bathing Suits: Their made in Cali too!

The last time Joe and I were in Hermosa Beach we went into this amazing surf shop right by the pier. Joe fell in love with this pair of flamingo bathing shorts by ambsn. Me not so much. Funny thing is they had a matching shirt his friend walked out of the store twenty minutes later with.

We had gone to check out the pier while he and his wife shopped. As soon as we met up, he was so happy to show us the shirt. I think in that instant Joe was destined to buy them and forget my dislike. In turn, I love them now. So cute. Another reason why I love them so much? The company was started by two guys in Cali who helped a friend with a fundraiser. From there you have such a fun line of guys clothing! A favorite of mine if the monkey on the jet ski and who doesn't love the humping zebras? Now you might have to explain these to your kids if you wear them around them. That's all you.






Comments