Appraisals in a Rapidly Shifting Greater Toronto Real Estate Market
Think buyers will pay whatever you want to set your list price for? 💸 You may be surprised! 😲
Don’t forget the bank will send an appraiser to determine the fair value for your house and will not lend more to the buyer than what it’s worth.
Which can result in a strong offer fizzling out quickly.
Whether you’re buying or selling, the appraisal is a major hurdle in a rapidly appreciating market. But it’s important to remember: you don’t need to manage this process by yourself!
Reach out to our team so you have the expert guidance needed to navigate this market and reduce your stress 😬➡️😎
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Manoj Arora Broker of Record www.AceTeamRealty.com 416.618.9753