Arnold, Dorrington and Bear Valley California real estate listings, home buying, selling and relocation information

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About Appraisals >Lender Appraisal

Many sellers think that the price of their home is determined solely by what they are willing to accept and what the buyer is willing to pay. However, there is one more variable that can affect the sale of a home assuming that a bank loan is involved -- the lender's appraisal.

To protect the interest of their investors, the buyer's mortgage lender hires a licensed appraiser to give an independent, objective opinion of what the property is worth. The appraiser compares the house with similar homes in the neighborhood that have recently sold. Square footage, amenities and the condition of the home are taken into account. Renovations and home improvements made by the seller usually add value to the home, while defects such as needed repairs or code violations decrease the property's value. The seller's real estate agent can provide the appraiser with up-to-date information about neighboring homes that have sold to support the seller's asking price.

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Q	What celebrity home sold recently for a reported $5.5 million, despite its yellow-and-rust striped paint job?
A	This Hollywood Hills residence was the former home of the popular singer, Madonna.
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Sondra Ammons, REALTOR®, real estate agent for Arnold, Dorrington and Bear Valley California home listings, property and land for sale - NUMBER1EXPERT(tm)

Sondra Ammons
Cabins in Arnold Realty (C.I. A. Realty)
1044 Hwy 4
P.O. Box 3528
Arnold, CA. 95223
Office: 209.795.1200
Toll Free:: 888.9 SONDRA
Cell: 209.770.3125
Email: Sondra@CabinsInArnold.com
Sondra Ammons has a heart of gold! She is a caring woman, loving single mother, a proud business owner, and a top realtor. Sondra has worked in sales and real estate for over 27 years. Five years after entering the real estate field, Sondra opened Cabins In Arnold Realty (C. I. A. Realty). Cabins In Arnold Realty reflects Sondra’s very personalized style, her understanding of client’s financial boundaries and her strong desire to help. Today, Sondra’s son, Cody Cavan, works with her at C. I. A. Realty as a successful realtor. This local family business has earned the respect of the community. Everyone knows they can trust Sondra, Cody and C. I. A. Realty! Call them today at (209) 795-1200!

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