A lot of sellers are shocked when they find out that the market value of their house is more than they estimated, especially on Lake Lanier. Investing in an appraisal from Pendley & Pendley Appraisers actually allowed these people to get several thousand dollars over what they thought they'd get for their home. Conversely, otthers have an over-inflated opinion of their home's estimated value and an appraisal helped them to decide on a realistic price for their home in order for it to sell.
An overpriced house won't attract buyers, which means no offers and no closing and that you have wasted valuable time, money, and efforts.
Each month that your home is still on the market is another month you have to pay its mortgage.
And all the while you're stuck paying the mortgage while your home sits on the market.