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What Buyers and Sellers Need To Know About the Appraisal Gap Why does an appraisal gap happen? Basically, with the heightened buyer demand, purchasers are often willing to pay over asking to secure the home of their dreams. If you’ve ever toured a house you’ve fallen in love with, you understand. Once you start to picture yourself and your furniture in the rooms, you want to do everything you can to land the property, including putting in a high offer to try to beat out other would-be buyers. When the appraiser comes in, they look at things a bit more objectively. Their job is to assess the inherent value of the home, so they’re going to study the facts. In simple terms, while homebuyers may be willing to pay more, appraisers are there to assess the market value of the home. Their goal is to make sure the lender isn’t loaning more money than the home is worth. It’s objective, rather than emotional. What... #Bgroup #Prescott #Realtor #Homes #Smart

Tue, Aug 31 2021

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The Bergamini group is all about helping our clients save money!!! Glad Matt could help you out Mark!! ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Call -The Bergamini Group⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ Keller Williams Northern AZ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ 928-771-9190⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ www.bradbergamini.com⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ . ⠀⠀⠀⠀⠀⠀⠀⠀⠀ #bergaminigroup #closedthedeal #sold #happyclients #prescottrealtor #homebuyingtips #househunter #homeownershipgoals #homebuyertips #realestateadvisor #buyinghomes #buyahouse #estateagency #buyrealestate #buyrealestate #allthingsrealestate #yourfavoriterealtor #propertyfinder #investmentstrategies #realestateagentlife #investmentopportunities #newhomebuyer #savetoinvest #mortgagerates #homebuyingprocess #homebuying101 #realtorlife #prescott #arizona #loveourclients

Tue, Aug 31 2021

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The Difference in Net Worth Between Homeowners and Renters Is Widening Two major personal wealth goals – homeownership and net worth – work hand-in-hand. Below are just a few reasons why, if you’re looking for financial security, homeownership should be a top priority. The gap between homeowners and renters continues to widen. That’s because homeownership contributes massively to an individual’s overall net worth. Odeta Kushi, Deputy Chief Economist at First American, highlights this idea. “. . . between 2016 and 2019, housing wealth was the single biggest contributor to the increase in net worth across all income groups . . . .” When we look even closer at the most recent data from 2019, the average homeowner’s net worth is more than 40 times greater than that of the average renter. The gap exists in large part because homeowners build equity as their home appreciates in value and they pay off a... #Bgroup #Prescott #Realtor #Homes #Smart

Mon, Aug 30 2021

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National Beach day ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Anyone else wanna run away and celebrate?? ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Call -The Bergamini Group⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ Keller Williams Northern AZ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ 928-771-9190⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ www.bradbergamini.com⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ . ⠀⠀⠀⠀⠀⠀⠀⠀⠀ #bergaminigroup #arizona #prescott #prescottarizona #prescottrealtor #homebuyingtips #househunter #homeownershipgoals #homebuyertips #realestateadvisor #buyinghomes #buyahouse #estateagency #buyrealestate #buyrealestate #allthingsrealestate #yourfavoriterealtor #realtor #realestate #nationalbeachday #realtorlife⠀⠀⠀⠀⠀⠀⠀⠀⠀ #propertyfinder #investmentstrategies #realestateagentlife #investmentopportunities #newhomebuyer #savetoinvest #mortgagerates #homebuyingprocess #homebuying101

Mon, Aug 30 2021

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What Buyers and Sellers Need To Know About the Appraisal Gap Why does an appraisal gap happen? Basically, with the heightened buyer demand, purchasers are often willing to pay over asking to secure the home of their dreams. If you’ve ever toured a house you’ve fallen in love with, you understand. Once you start to picture yourself and your furniture in the rooms, you want to do everything you can to land the property, including putting in a high offer to try to beat out other would-be buyers. When the appraiser comes in, they look at things a bit more objectively. Their job is to assess the inherent value of the home, so they’re going to study the facts. In simple terms, while homebuyers may be willing to pay more, appraisers are there to assess the market value of the home. Their goal is to make sure the lender isn’t loaning more money than the home is worth. It’s objective, rather than emotional. What... #Bgroup #Prescott #Realtor #Homes #Smart

Tue, Aug 31 2021

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The Bergamini group is all about helping our clients save money!!! Glad Matt could help you out Mark!! ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Call -The Bergamini Group⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ Keller Williams Northern AZ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ 928-771-9190⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ www.bradbergamini.com⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ . ⠀⠀⠀⠀⠀⠀⠀⠀⠀ #bergaminigroup #closedthedeal #sold #happyclients #prescottrealtor #homebuyingtips #househunter #homeownershipgoals #homebuyertips #realestateadvisor #buyinghomes #buyahouse #estateagency #buyrealestate #buyrealestate #allthingsrealestate #yourfavoriterealtor #propertyfinder #investmentstrategies #realestateagentlife #investmentopportunities #newhomebuyer #savetoinvest #mortgagerates #homebuyingprocess #homebuying101 #realtorlife #prescott #arizona #loveourclients

Tue, Aug 31 2021

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The Difference in Net Worth Between Homeowners and Renters Is Widening Two major personal wealth goals – homeownership and net worth – work hand-in-hand. Below are just a few reasons why, if you’re looking for financial security, homeownership should be a top priority. The gap between homeowners and renters continues to widen. That’s because homeownership contributes massively to an individual’s overall net worth. Odeta Kushi, Deputy Chief Economist at First American, highlights this idea. “. . . between 2016 and 2019, housing wealth was the single biggest contributor to the increase in net worth across all income groups . . . .” When we look even closer at the most recent data from 2019, the average homeowner’s net worth is more than 40 times greater than that of the average renter. The gap exists in large part because homeowners build equity as their home appreciates in value and they pay off a... #Bgroup #Prescott #Realtor #Homes #Smart

Mon, Aug 30 2021

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National Beach day ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Anyone else wanna run away and celebrate?? ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Call -The Bergamini Group⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ Keller Williams Northern AZ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ 928-771-9190⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ www.bradbergamini.com⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ . ⠀⠀⠀⠀⠀⠀⠀⠀⠀ #bergaminigroup #arizona #prescott #prescottarizona #prescottrealtor #homebuyingtips #househunter #homeownershipgoals #homebuyertips #realestateadvisor #buyinghomes #buyahouse #estateagency #buyrealestate #buyrealestate #allthingsrealestate #yourfavoriterealtor #realtor #realestate #nationalbeachday #realtorlife⠀⠀⠀⠀⠀⠀⠀⠀⠀ #propertyfinder #investmentstrategies #realestateagentlife #investmentopportunities #newhomebuyer #savetoinvest #mortgagerates #homebuyingprocess #homebuying101

Mon, Aug 30 2021

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