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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Leslie Benczik, a proven Markham, Unionville and Stouffville, Ontario NUMBER1EXPERT™ Top Selling real estate agents.
Find Markham, Unionville and Stouffville Homes - Find Markham, Unionville and Stouffville, Ontario real estate listings & homes for sale provided by Leslie Benczik, your local expert real estate agents.
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About Appraisals >Working With Appraisers

After the buyer and seller come to a "meeting of the minds" on the price of a house, there is one more person who must be convinced that the house is worth the selling price--the mortgage company's appraiser.

The appraiser looks for three similar houses that have sold in the same area within the last several months, and compares the selling prices of these homes with the one that is now on the market. The appraiser makes adjustments to account for the differences in each property, and averages the adjusted prices of the other three homes to arrive at a final opinion of value. In subdivisions or condominium projects where there are many similar properties and numerous recent sales, the appraiser's job is relatively easy. In neighborhoods of older homes that have been renovated or remodeled over the years, it can be like comparing apples and oranges.

If the appraiser's evaluation is lower than the selling price, it can stall the transaction because the lender may decline the buyer's loan because of the discrepancy. A real estate agent can work to minimize potential delays associated with the appraisal process by helping the seller to price the home as close to fair market value as possible.

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Q	In what U.S. home can you find the world's largest refrigerator magnet collection?
A	Louise Greenfarb of Las Vegas, Nevada has 35,000 unique fridge magnets that she has been collecting since the 1970's.
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Leslie Benczik, REALTOR®, real estate agents and broker for Markham, Unionville and Stouffville, Ontario home listings, property and land for sale - NUMBER1EXPERT(tm)

Leslie Benczik, Broker
RE/MAX All-Stars Realty Inc., Brokerage
4592 Highway 7 East
Unionville, ON. L3R 1M5
Phone: 905.477.7766
Downtown Toronto Direct: 416.597.0077
Toll Free: 1.888.762.7081
Fax: 905.477.0566
Email: Rachel@GetBenczik.com
I Guarantee to Sell Your Home in 90 Days or I'll Buy it for CASH! *

‡Leslie Benczik, Susan Taylor, Rachel O'Hearn, Alon Hillel, Rosemary Mauro, Tiffany Lee & Frances Kwong

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