Sitemap: Home Buying in Wilmington, Newark and Greenville, Delaware

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For Home Buyers:

Why Buyers Choose The Riggin Group - Why homebuyers looking for a real estate agents in the Wilmington, Newark and Greenville area choose The Riggin Group.
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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 is the world's longest frontier?
A	At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world.
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The Riggin Group, REALTOR®, real estate agents and broker for Wilmington, Newark and Greenville, Delaware home listings, property and land for sale - NUMBER1EXPERT(tm)

The Riggin Group
RE/MAX of Wilmington
5307 Limestone Rd.
Wilmington, DE. 19808
Direct: 302-235-1000
Toll Free: 800-296-7629
Fax: 302-235-2900
RE/MAX Office: 302-234-2500
Email: TheRigginGroup@NUMBER1EXPERT.com
Email: EddieRiggin@REMAX.net
Mission Statement: We of The Riggin Group are firm in our belief that Service, Knowledge, Diligence and Integrity are the key ingredients in the makeup of any Professional and Successful organization. We are dedicated to the overall improvement of the real estate industry by promoting the highest ethical standards in our daily business practice. We are also committed to "Superstar Service" for our clients through continued education, use of modern technology and appreciation for the privilege of being "Your Real Estate Team Of Choice." It's our pleasure to represent you!

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