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Understanding Home Appraisals with Sam Gamello: What Buyers, Sellers & Agents Should Know
Manage episode 488152753 series 3661076
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In this episode of Real Talk with Sterling Real Estate Group, Lisa Licata sits down with Sam Gamello, a certified real estate appraiser with over 25 years of experience and owner of Olde Kinderhook Appraisal Services.
Whether you're buying, selling, or representing clients in a transaction, understanding the appraisal process is critical. Sam breaks down what an appraisal really is, what factors affect a home’s value, and how appraisal gaps happen in today’s fast-paced market.
💡 Key Takeaways:
- What’s included (and not) in a home appraisal
- Why accurate square footage matters—and how it’s measured
- How appraisers handle unique or hard-to-comp properties
- What to do if the appraisal comes in below contract price
- The difference between appraisals for purchases, refinances, and FHA loans
- How sellers and agents can help support a smooth, accurate appraisal process
Plus, Sam shares insights on local vs. national market trends, the impact of concessions, and how current appraisal standards are evolving.
📍 This episode is packed with practical info for anyone involved in Capital Region real estate.
📞 Need an appraisal or have questions?
Contact Sam at Olde Kinderhook Appraisal Services:
📱 518-542-7774
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