Appraisals Continue To Be A Problem
Despite the turnaround in the Coconut Grove real estate market, buyers continue to have issues with their appraisals. Property values have increased significantly over a short period of time (particularly here in Coconut Grove) and appraisers are hesitant to use the higher sales figures in their analyses. This is just another reason why cash is king! Sellers will take a cash deal over a financed deal any day because it gives them peace of mind that they don’t have to worry about the appraisal.
I am a Coconut Grove real estate specialist. Over the past 3 years, I have earned the distinction of selling the most number of homes in Coconut Grove. If you would like to schedule a buyer or seller meeting with me, please feel free to call me directly at 305-342-1623 or send me a note here.
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