Many sellers think that the price of their home is determined solely by what they are willing to accept and what the buyer is willing to pay. However, there is one more variable that can affect the sale of a home assuming that a bank loan is involved -- the lender's appraisal.

To protect the interest of their investors, the buyer's mortgage lender hires a licensed appraiser to give an independent, objective opinion of what the property is worth. The appraiser compares the house with similar homes in the neighborhood that have recently sold. Square footage, amenities and the condition of the home are taken into account. Renovations and home improvements made by the seller usually add value to the home, while defects such as needed repairs or code violations decrease the property's value. The seller's real estate agent can provide the appraiser with up-to-date information about neighboring homes that have sold to support the seller's asking price.

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The Carol Greco Group
Long and Foster Realtors
7010 Little River Turnpike
Annandale, VA 22003
703-658-1600
Fax: 703-256-5152
carolgreco@NUMBER1EXPERT.com

We will provide the best service possible for every client we represent. We will never tell a client what they want to hear - if it is not reality. We will never enter into a client relationship where we know what is expected of us cannot be done in good faith. We will never enter into an agreement with a seller who is unrealistic with regard to proper pricing. When hired to sell a client's home, we will always make the recommendations that can assist their home's value or help reduce its marketing time even if it means telling them things they do not want to hear. We acknowledge that we may periodically lose business because we are truthful with our clients while a few of our competitors may tell them what they want to hear to temporarily get their business. We will always remember that to have a winning relationship with our clients, we must always have a mutual goal.

We will never lose sight that our honesty, loyalty, understanding, accountability, and creativity are what makes us so very different from the real estate masses. We will always utilize a well trained staff to assist us in the complex home selling process. We will prioritize our time so that we are working only with people who are serious about either buying or selling real estate. We will always treat all parties honestly and fairly and will always offer our properties without regard to race, creed, religion, sex, ancestry, national origin, handicap, or family status. We will always promote the best interests of the owner. We will strive to obtain the best price for our owners, and we will always disclose to our owners all facts that might affect or influence their decisions.

We assure you that during our real estate careers we will always strive for excellence, and we make a commitment to continued education so that we may better serve our clients.

We look forward to Serving You!

-The Carol Greco Group