Memphis, Tipton County and Fayette County Tennessee real estate listings, home buying, selling and relocation information

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About Appraisals >Lender Appraisal

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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Q	What Las Vegas hotel is famous for its casinos and is the largest hotel in the US.?
A	With 5,012 rooms, the MGM Grand Casino is considered the largest hotel in the US.
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The Driver Team, REALTOR®, real estate agents and broker for Memphis, Tipton County and Fayette County Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

The Driver Team
All Stars Realty / The Driver Team
2857 Shelby Street
Bartlett, TN 38134
DIRECT: 901-674-SOLD (7653)
Office: 901-387-1199
Fax:: 901-432-5445
Email: Driverteam@earthlink.net
The Driver Team understands the magnitude of your decision to buy a home. We understand that you have definite ideas about what features you are looking, and most of all, we understand that your time is valuable. We want your home buying experience to be fun and exciting. Our Team works constantly to improve our systems, process and services to go above and beyond the standard level of service provided by most agents. Simply put, our objectives are to get your home sold quickly with the least amount of stress. We strive to provide the best service available in the industry. We want you to be so pleased by our service that you gladly refer us to your friends, family, co-workers, and other people that you know who may be looking to buy or sell a home.

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