Remove 2009 Remove Contracts Remove Inspection Remove Insurance
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5 best Arizona real estate schools for 2024

Housing Wire

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

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Everything You Need to Know About Closing Cost Credits

Lamacchia Realty

Around 2009 all mortgage companies and regulators put a stop to it. In a typical real estate transaction, the sellers pay the REALTORĀ® fee, recording fee, escrow fee, and home inspection fee. The buyers will usually cover the loan origination fee, the mortgage escrow account, title insurance, and home appraisal fee.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Remember, we rarely get to inspect comparables.

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What Is a Foreclosure and How Does it Work?

Quicken Loans

Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. Or, if there is an escrow shortage due to a rise in property taxes or insurance premiums, the escrow payment will increase. In some cases, the bank conducts an inspection after taking back the home.