Welcome to Red Rose Real Estate Services

Welcome to Red Rose Real Estate Services serving San Francisco Bay Area.  In today market, real estate appraisal can break the deal that is used to be a slam dunk.  What I mean by that is, in the past, if inspection contingency is removed, Buyer and Seller just have to wait for mortgage to be approved and funded to have an escrow close.  In the present, there is another wrinkle.  we all have to wait for appraisal done by appraiser hired by lender.  If the appraisal is low, another round of purchase price negotiation begins.  Therefore, for successful real estate transaction, buyer and seller should understand that appraisal may come back lower than the purchase price agreed on and plan in advance how to handle it.   Otherwise, the deal that looks sure to close can go bad quickly.  

If you have any questions or need advices regarding any of what I have said above, please don't hesitate to call me.

Sincerely, Ah Soon Mah Real Estate Broker Red Rose Real Estate Services Daly City, California, USA 1-650-991-9009 ahsoonmah@yahoo.com