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Gerald Lucas

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What To Do When A Home Does Not Appraise For Purchase Price, Oil Tank Test Strategy, New Home Sales Fall

September 28, 2021 Gerald Lucas

What To Do When A Home Does Not Appraise For Purchase Price

Real Estate Tip:

When you pay for an oil tank scan on a property you are going to buy, have the company you hire determine whether the tank is actively in use. If the tank has been taken out of service, you should request all documents relating to the tank closure including town permits and contractor reports. These documents will prove the tank was closed properly according to regulatory guidelines.

Real Estate Insight:

New home sales fell 13.2% year-over-year in July

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Tags Gerald Lucas, real estate tips, real estate stratgies, rental prices, tipping point, property appraisals, appraiser, purchase price
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