Hello everyone, and welcome to TNJRES, I’m Tim Waller your host and sitting to my immediate left is my co-host Matt Josephs a/k/a the voice of reason. Our in studio guest is Fabio Gulla from First Choice Appraisal Services, Inc. and Jersey Mortgage. Today we’re going to discuss with Fabio The Real Estate Appraisal Process, which happens to be a very hot topic right now for realtors, homeowners, buyers, lenders and the entire real estate industry. 

I hit Fabio with the $100,000 question. I have a buyer and seller both of which are not forced to buy or sell and they agree upon a selling price. The appraiser comes and appraises it for less than the contract price, why?

1. What do I need to know when listing a house?

1. What does an appraiser see and how does he report values?

1. Why do appraisal values come up short.

1. Bank requirements and how do they limit values.

1. Are appraisals a true representation of current market conditions and property values?

1. What are the Appraisal limitations with reference to unique housing?

1. What’s The difference between a sale and a comparable sale?

1. What’s the truth about basements, do they really improve values?

1. How do values move forward in a slow market ?

1. What’s the difference between the Quality of appraising today compared to the way it was prior to the financial crisis in 2008.

The New Jersey Real Estate Show is brought to by The Law Offices of Joseph C. Petriello located in Wayne, NJ. Representing the firm is Matthew Petriello, who can be reached at 973-890-7262 or [email protected]

The New Jersey Real Estate Show is brought to you by Dean Scaduto, Sr. Loan Officer at Coldwell Banker Home Loans. To contact Dean call 201-560-8304 or email Dean at [email protected]

The New Jersey Real Estate Show is produced by The New Jersey Podcast Guy's www.njpodcastguys.com

Please Contact Tim Waller for all of your Real Estate Needs:

Timothy Waller, REALTOR
Broker Sales Associate

Coldwell Banker Residential Brokerage
1410 Valley Road
Wayne NJ, 07470

email: [email protected]

C: (973) 865-0249
O: (973) 694-8000 x125
F: (973) 387-3202