ATLANTIC CITY, N.J., Dec. 9, 2014 /PRNewswire/ -- Housefax, the leading provider of property-specific reporting products, and Nationwide Property and Appraisal Services, today announced a new service that provides homeowners and real estate professionals with the Housefax Pre-Appraisal Report (PAR) to aid in evaluating a home's price before the property goes on the market. The PAR allows the homeowner and real estate professional to list the house at the right price the first time, setting the proper expectations for the seller and eliminating wasteful time and marketing expenses for the real estate professional on a property that just sits on the market.
"We are excited to partner with Nationwide to offer a comprehensive report that enables consumers and real estate professionals to have expert knowledge of their property's valuation before they decide to list it for sale," said Michael Abdy, President of Housefax.
Recently, the National Association of Realtors (NAR) stated that over one-third of home sales are delayed, renegotiated or cancelled due to the home appraisal falling short of the contract price. Given this trend, there is a pressing need to bring reality into real estate to the parties involved in any real estate transaction. The Housefax PAR bridges this gap with pricing beginning at $199, typically half the cost of a conventional appraisal.
"The Housefax PAR gives home sellers and real estate professionals the value that banks lend on, upfront," said Ryan Hernberg, President of Nationwide Property and Appraisal Services. "All parties involved will gain peace-of-mind and virtually eliminate the tremendous pressures that come with listing a home."
Housefax is the recognized and trusted source by homebuyers and sellers for accurate, fast and affordable online property-specific reporting products.
Nationwide Property & Appraisal Services, LLC is headquartered in Gibbsboro, N.J. Nationwide provides best in class residential and commercial appraisal management services to numerous banks, credit unions, correspondent lenders, brokers and government agencies across the country. In addition to being the first AMC licensed in the United States, they have also been recognized as a Gold Star AMC.
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