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Avatar for Appraisal Consultants Professional, LLC
Appraisal Consultants Professional, LLC
5.0(
3
)

Serving Clinton, UT and surrounding areas

In business since 1985

Free estimates

"I had specific inquiries about the home and property that were met without hesitation. . The appraisal was timely. Their customer service and knowledge was very accommodating and appreciated. I would definitely recommend them to others"
Quick Facts
What is an appraisal
Full
Today's Rates
Response time4 hrs
Response rate91%
Recommended by100%of homeowners
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Real Estate Agents questions, answered by experts

If the sales agreement has a clause that allows the seller to renegotiate based on the appraised value, then they might be able to back out if the appraisal comes in higher than your offer price. If the agreement doesn’t have that language, then the seller has no legal recourse to back out. They could hold a higher offer as a backup and move onto that one if yours falls through for any reason, but once the agreement is signed, the seller is locked into that purchase price unless there’s a clause stating they can renegotiate.

The difference between a mobile home and a trailer home is primarily between construction standards and usage. Mobile homes built after 1976 meet HUD safety regulations, offering more durability and livability. Trailer homes, an older term, often refer to smaller, lightweight units primarily designed for temporary travel or camping.

Increases livable area and enhances aesthetic, often boosting property appeal.

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

A good return on flipping a house ranges from 10% to 20% of the after-repair value. Many investors aim for a profit margin of at least 15% to ensure their efforts and risks are worthwhile. This percentage accounts for costs like repairs, financing, holding costs, and closing fees, while also providing a solid profit.

The Clinton, UT homeowners’ guide to real estate services

From average costs to expert advice, get all the answers you need to get your job done.