Team Thayer Property Servicing

When you begin looking at the listings for homes – whether you are a buyer or a seller – you may come across a type of pricing structure you have never seen before.  This pricing strategy is known as value range pricing.  Instead of listing a property at a fixed price, you may discover that a seller is listing his or her property using value range pricing – indicating that offers will be entertained between a low number and a high number. This may seem strange, but some real estate agents swear by it. The term value range pricing can also be called other things including “range pricing”, “variable pricing” and “value range marketing”. Over the years I have had numerous clients ask me “what is value range pricing”? Whether you use it is up to you, but it is one alternative approach to home sales that may be nothing more than a gimmick. Frankly, I am not a fan of this pricing tactic because of the deception it creates with buyers. I will however, give you both sides as t...

What do FHA appraisers look for? Utilities should be turned on so the appraiser can test systems and appliances. Appliances must function properly. There should be proper drainage around the perimeter of the house. The heating unit must be in working order (and AC if applicable). Water pressure must be adequate for the house. Appraisers flush toilets, turn on all faucets and ensure that both hot and cold water are working. The water heater must be in working order and strapped according to local code. Attics and crawlspaces are to be viewed at minimum from the shoulder up by the appraiser. When viewing the attic, appraisers make sure there are vents, no damage, no exposed or frayed wires, and that sunlight is not beaming through. When inspecting the crawl space, appraisers make sure there are no signs of standing water or any other foundation support issues. Excessive debris in the attic or crawl space should be removed. Paint must not be chipping, peeling, or flaking on hom...