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  • Home
  • Properties
  • Buyers
    • Buyers Ultimate Guide
    • Critical Role of the REALTOR®
    • Get Pre-Approved
    • Down Payment
      • Down Payment Assistance
      • Down Payment Resource
    • Buyers Worksheet
    • Schedule a Free Consultation
    • Movinghub
    • FAQs
  • Sellers
    • EXPRESS OFFERS
    • Sellers Ultimate Guide
    • Critical Role of the REALTOR®
    • What is My Home Worth?
    • Schedule a Free Consultation
    • Movinghub
  • Renters
    • For Rent
    • Lease with a Right to Purchase Program
      • About the Program
      • How it Works
      • Benefits to Residents
      • Resident Pre-Qualification
      • FAQs
      • Company Overview
    • Movinghub
  • Investors
    • Join Investors List
    • Investment Condos
      • Philippine Investment Condos
    • Vacation Homes
      • The Grove Resort
        • The Grove – Marquis
        • The Grove – Sterling
  • Homeowners
    • Homestead Exemption
    • Empower Home Progam
  • Blog
  • Contact
    • Testimonials
Florida Homes By Rau

We solve real estate problems!

(407) 900-7902
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About the Appraisal Process When Selling

WHAT TO KNOW

Once you are under contract, the buyer’s lender will send out an appraiser to make sure the purchase price is in line with the property’s value.

Appraisals help guide mortgage terms.
The appraised value of a home is an important factor in the loan underwriting process. Although lenders may use the sale price to determine the amount of the mortgage they will offer, they generally only do so when the property is sold for less than the appraisal amount. Also, the loan-to-value ratio is based on the appraised value and helps lenders figure out how much money may be borrowed to purchase the property and under what terms. If the LTV is high, the lender is more likely to require the borrower to purchase private mortgage insurance.

Appraised value is not a concrete number.
Appraisals provide a professional opinion of value, but they aren’t an exact science. Appraisals may differ quite a bit depending on when they’re done and who’s doing them. Changes in market conditions also can dramatically alter appraised value.

Appraised value doesn’t represent the whole picture of home prices.
There are special considerations that appraised value doesn’t take into account, such as the need to sell rapidly.

Appraisers use data from the recent past.
Appraisals are often considered somewhat backward looking, because they use sold data from comparable properties (often nicknamed “comps”) to help come up with a reasonable price.

There are uses for appraised value outside of the purchase process.
For selling purposes, appraisals are usually used to determine market value or factor into the pricing equation. But other appraisals are used to determine insurance value, replacement value, and assessed value for property tax purposes.

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eXp Realty is the first cloud-based real estate brokerage, the largest residential real estate brokerage by geography in North America and the first and only real estate brokerage to operate as one company-owned brokerage in all 50 U.S. states. It is one of the fastest growing real estate brokerage firms in North America with more than 15,000 agents across 50 U.S. states, the District of Columbia and three Canadian provinces. As a publicly traded company, eXp World Holdings uniquely offers real estate professionals within its ranks opportunities to earn company stock for production and contributions to overall company growth.

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Tynna Rau | Florida Realtor®
Finished at 24:48 for @exprealty_’s Extend a Han Finished at 24:48 for @exprealty_’s Extend a Hand 5K Run! 🏁🏃🏽‍♀️

#runformerly #exprealty #expextendahand #expshareholdersummit #expshareholdersummit2022 #5krun #5k #running #realtorrau #homesbyrau #filipinorealtor #filipina #filipinainusa #filipinoinflorida #orlandorunning #floridarunning
2022 EXP Shareholder Summit kick off at Rosen Shin 2022 EXP Shareholder Summit kick off at Rosen Shingle Creek!

#expshareholdersummit #expshareholdersummit2022 #exprealty #agentsuccessobsessed #herewegoagain #exprealtyagent #exprealtyproud #exprealtor  #exprealtyflorida #exprealtyorlando
This family lived not too far from Woodland Park b This family lived not too far from Woodland Park but wanted to relocate to the community. When this home came on the market and we viewed it we made an offer everyone was pleased with. I love when I see those smiling faces and can feel the energy and excitement. It brings a great feeling of pride and accomplishment to know I’ve made another family happy.

Congratulations to the Del Pilar family! 🍾 🏠 🎉 

#homesbyrau #realtorrau #teamrau 
#popitwhenyoucloseit #filipinorealtor #champagneclosing #justsold #exprealty#expproud #filipinorealtorflorida #taylormorrisonorlando #poppingbottles
They viewed this home on our first day of showings They viewed this home on our first day of showings and were nervous to submit an offer, because they couldn’t believe they found their dream home on the first day of showings. 

Fast forward and now they’re officially owners of their dream home! Congratulations to the Simeon family! 🍾🥂🏡

#homesbyrau #poolhomesbyrau #popitwhenyoucloseit #filipinorealtor #filipinosinflorida #stcloudrealtor #findyourdreamhome
So glad to be able to help another Filipino family So glad to be able to help another Filipino family relocate to central Florida! Congratulations Villanueva family! 🚚 🌴 🏠 🎉 🍾

#homesbyrau #realtorrau #teamrau #popitwhenyoucloseit #kissimmeerealestate #kissimmeerealtor #filipinoinrealestate #filipinorealtor #filipinoinflorida #champagneclosing #justsold #exprealty #filams #movingtokissimmee #centralfloridarealtor #filipinorealtorflorida #movingtocentralflorida #celebrationtitlegroup
Stoked to earn these socks from Google for writing Stoked to earn these socks from Google for writing reviews on local businesses! 🗺📍🌎 

#turninglocal #localguides #orlandolocal #floridalocal #realtorrau #winnierau
Congratulations to Devon and Maria that closed on Congratulations to Devon and Maria that closed on their home in the Tampa area. They were originally looking for an affordable resale house and they ended up with a brand new single family home. Thanks to my fellow EXP agent partner Richard for making this possible! Teamwork makes the dream work! 🫱🏽‍🫲🏼 🎉 🏠

#newhomesbyrau #homesbyrau #realtorrau #teamrau #newconstruction #newconstructionhome #moveinready #tamparealestate #tamparealtor#tampanewconstruction #centralfloridarealestate #centralfloridarealtor #filipinorealestateagent #filipinoinflorida
I’m so lucky that most of my clients are awesome I’m so lucky that most of my clients are awesome and treat me like their friend/family. Getting invited to events like this is very flatterring! 🥰 💕✨

Thank you and congratulations Gremarie and Edward for the new baby boy!🤰🏽👶🏽💙

#itsaboy #babyshower #wesleychapel #riverlanding #florida #filipinoinflorida #filipinos #buntis
Family potrait 04.30.2022 👩🏽‍❤️‍👨 Family potrait 04.30.2022 👩🏽‍❤️‍👨🏽🐶
#winnierau
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Owning a home is a keystone of wealth… both financial affluence and emotional security.

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June 25, 2022 Saturday!
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