On the heals of some GREAT real estate stats for under contract listings, OBAR has received a request via Facebook from Outer Banks Real Estate Appraisers.
“This message is from the Outer Banks Real Estate Appraisers
To Brokers in Charge and Real Estate Agents
We are in extreme conditions right now in all aspects and we need for you to start extending the due diligence dates
There is a high volume of purchases and refinance transactions as well as dealing with Covid 19 protocols
We, the Outer Banks Appraisers greatly appreciate your efforts on this item”
So if you are an Agent or even the client you will need to understand that due diligence may take up to 45 days as Appraisers are backed up approximately 4 weeks.
OBAR has also been notified by home inspectors and lawyers that they too are overwhelmed and experiencing delays of up to 4 weeks. OBAR asks for everyone’s patience and understanding during the unprecedented boost in closings.