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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

Ranch/Rambler Homes

 Ranch Homes/ Rambler


A Ranch Style home is an American original. Originating in the 1920’s with the post war boom of the middle class, this architectural style home fused modernist ideas with the American Western period of wide open spaces to create a casual lifestyle. One story living with a long low pitch roof and deep overhanging eaves. The roof line was primarily cross gabled, single gable or hip. The home itself was either rectangular, L or U Shaped. Many had an attached garage, others none at all. The floor plan was simple with the living area separate from the bedrooms. Often times a sliding glass door leads to a patio and feature large glass windows. The exterior materials used where typically locally sourced and mixed such as stucco, brick, wood or stone. By the 1950’s, nine in every 10 homes built were a Ranch or Rambler style.








By the late 20th Century the Ranch style home began to wane and Neo-Eclectic homes became the rage with their combination of the Cape Cod, Mission, Tudor and French Provincial began intertwining to create a more formal home. In the 1990’s a revival of interest from younger adults finding these home affordable for entry level and the aging population attracted to their ease of navigating, much of this style of home has become of great interest to purchase and causing some surge in their popularity. Another reason this style has become popular is the neighborhoods these can be found in generally are in well-established neighborhoods with large shade trees, expansive perennials and owner modified home with individual character poured into their brand. Because these homes were primarily constructed in the late 40’s to the early 70’s, their modern infrastructure allow for easy upgrades to include heating and cooling, electric and plumbing systems.





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