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Why Buyers Choose Paul Cuttic - Why homebuyers looking for a real estate agent in the Wayne, King of Prussia and Valley Forge area choose Paul Cuttic.
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School Reports in Wayne, King of Prussia and Valley Forge, Pennsylvania

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About Appraisals >Working With Appraisers

After the buyer and seller come to a "meeting of the minds" on the price of a house, there is one more person who must be convinced that the house is worth the selling price--the mortgage company's appraiser.

The appraiser looks for three similar houses that have sold in the same area within the last several months, and compares the selling prices of these homes with the one that is now on the market. The appraiser makes adjustments to account for the differences in each property, and averages the adjusted prices of the other three homes to arrive at a final opinion of value. In subdivisions or condominium projects where there are many similar properties and numerous recent sales, the appraiser's job is relatively easy. In neighborhoods of older homes that have been renovated or remodeled over the years, it can be like comparing apples and oranges.

If the appraiser's evaluation is lower than the selling price, it can stall the transaction because the lender may decline the buyer's loan because of the discrepancy. A real estate agent can work to minimize potential delays associated with the appraisal process by helping the seller to price the home as close to fair market value as possible.

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Q	What 70-room East Coast mansion was built as a summer home and is known as a "Gilded Age cottage"?
A	Cornelius Vanderbilt's "Breakers" Mansion in Newport, Rhode Island, named for the waves crashing along the cliff that separates the property from the ocean.
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Paul Cuttic, REALTORŽ, real estate agent and broker for Wayne, King of Prussia and Valley Forge, Pennsylvania home listings, property and land for sale

Paul Cuttic
RE/MAX Executive Realty
321 W. Lancaster Avenue
Wayne, PA 19087
610-977-5005
610-977-5000
610-688-8189
Fax: 610-977-5004
Email: PaulCuttic@BestImageAgent.com
Personalized service, knowledge of the marketplace, dedication and years of experience has set Paul apart from other agents. A Real Estate professional since 1979, Paul is among the industries most elite group having been inducted into the RE/MAX International Hall of Fame in 1999. This distinguished group is regarded as the most successful in the entire Real Estate industry. Building relationships through professionalism, integrity and sensitivity has been the key to his success. As an acative participant in the local King of Prussia, Wayne and Devon communities, Paul's expertise is unsurpassed and will serve you well whether you are a Buyer or Seller. Call or email Paul for a professional Real Estate consultation today.

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