Jennifer Floyd - Realtor

Congratulations and special thanks to our sellers for trusting the process! We wrapped up a bidding war and secured an accepted offer in mere days!

Just hit the market yesterday and showing lots of interest! Come check out this 4br in Oshkosh across from Tipler. See you there!

🏡 **What Is a Home Appraisal and Why Does It Matter?**

A **home appraisal** is a professional estimate of a home's market value, typically ordered by the buyer's lender during the home-buying process.

📅 **When does it happen?**
After a seller accepts an offer and before the lender gives final approval for the buyer's mortgage.

🔍 **What does the appraiser look at?**

* Home size and condition
* Number of bedrooms and bathrooms
* Recent updates and improvements
* Comparable homes that recently sold nearby
* Location and overall market conditions

✅ **If the appraisal comes in at or above the purchase price:**

* The sale usually moves forward as planned.
* Buyers and lenders have confidence that the home's value supports the loan amount.

⚠️ **If the appraisal comes in below the purchase price:**

* The lender may only finance up to the appraised value.
* The buyer may need to bring additional cash to closing.
* The seller may need to lower the price.
* The parties may renegotiate or, in some cases, the deal could fall through.

📈 **How can it help a sale?**
A strong appraisal can validate the agreed-upon price and help keep the transaction on track.

📉 **How can it hurt a sale?**
A low appraisal can create financing challenges, delays, price negotiations, or even cause the contract to terminate.

💡 **Bottom line:** An appraisal is an independent opinion of value that protects lenders and helps ensure a home is being financed at a reasonable market price. It can be one of the most important milestones between an accepted offer and a successful closing.

😵‍💫 Factoring in an appraisal can feel like adding another moving part to an already complicated machine. I'm here to guide every step of your buying or selling process so that you don't have to sweat it. Whenever you're ready, I'm here for you. Reach out! 😃

Jennifer
920-312-1780
[email protected]

As we enjoy our 3 day weekend, let us not forget why we have it. Thankful to those who gave all...

💲💲💲💲💲💲💲💲💲💲💲💲💲

Did you know that, in the state of Wisconsin, the average mortgage payment per month for a 3 bedroom single family home ranges from $1600 to $1850 (principal and interest)?

In comparison, our average monthly rent for a 3 bedroom single family home runs between $1500 and $2500.

Read that again.

Is tenancy costing you MORE than home ownership would?!?

If it's starting to feel like this might just be the right time to take that leap and buy instead of rent, get in touch with me and let's see if it makes sense to start exploring options. I'm happy to talk about it with you.

Jennifer
920-312-1780
[email protected]

💲🏡

🌨️ ☔ Are you sick of the rain yet? Buckle up, we're swimming again tomorrow!

But did you realize that it's actually a really good time to go house hunting? 🏡 I know, not the messy, muddy part. The part where you get to see if there's any water in the basement... 💧The part where you might get an idea of the roof quality... 🏚️ The part where you see whether you'd have a yard or a pond... 🌊

Got one in mind? Let's go! I'll give you the tour! Nothing specific in your cross hairs yet? 🎯 That's fine, too. I'll help you figure it out, and then we can go look.

920-312-1780
[email protected]

SPRING MARKET IN BLOOM!

We're still in a solid seller's market, but things are starting to look up for buyers, too! Inventory has been sparse, and it looks like that's starting to increase a bit. Get in touch with me - let's talk about whether it's the right time for you!

Jennifer Floyd
920-312-1780
[email protected]

Find your sanctuary at this charming, country-living home! Stop by and say hello, take a look around tomorrow 4:30-5:30. See you there!

Come see us tomorrow!

🫵🏡🔑