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 Laura R. Mendez Buyers Specialist
Laura is originally from Chicago, Il and moved to Flower Mound, TX in 1999. Her husband Rick and children, Joey, Nicky, Justin and Ricky all love living here in Texas. We enjoy sports, swimming and spending time with the many friends we have made. I worked for LISD as a paraprofessional for 6 years. I enjoyed working with the children and helping them attain their goals. Now I would love to change that path just a little and help people and families find their dream home.
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 Susan Foster Contract to Close
Susan Foster is a native of the Dallas/Ft. Worth Metroplex and has been licensed since 1997. She holds a bachelor’s degree in Real Estate from the University of North Texas. Her experience includes residential sales, leasing, appraising. Susan is married to Steve, a remodeling contractor, and has 3 grown children, Kent, 30, Shane, 27, Crystal, 27, and 6 grandchildren. Her family also consists of 7 dogs. She enjoys time with her family and friends, watching good movies and gardening.
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 Cindy Moore Business Manager
Cindy has just recently joined our team as the business manager. She has various, intricate areas that she oversees at Holly Neal & Company. She has a background in business management. She lives in Lantana with her husband Steve with their 2 daughters and newborn son.
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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 |
What Las Vegas hotel is famous for its casinos and is the largest hotel in the US.?
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| A |
With 5,012 rooms, the MGM Grand Casino is considered the largest hotel in the US. |
See More Real Estate Trivia > |
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