Flo is an outstanding realtor and person.
We are writing this letter to commend Flo & Steve Cataneo for the exceptional way in which they handled the sale of our house. We knew that selling and buying a home simultaneously would be stressful, however, we certainly did not expect all the problems that arose during these transactions. By no means were these dealings ever effortless.
First there was the long list of demands and requirements for our "new home". Then, once we found a home, there were problems with the seller and to top it off, the buyers of our home were having a problem getting a mortgage. Flo and Steve not only handled each and every situation professionally and competently but also was the liaison that ensured everyone involved fulfilled their responsibilities. Flo and Steve were our Realtors, attorney, therapist, friend, etc., etc. They worked tirelessly and diligently managing all details to ensure our dream came true.
Even though it was no easy task, through their resources, persistence and professionalism, we finalized the sale and purchases of our home. These transactions would never have taken place if we had chosen another realtor!
Flo is an outstanding realtor and person. Flo Cataneo is an Absolute asset to Century 21 and to all that know her. Thank you Flo, you are the best!
D.I.
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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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