Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Each step will get you closer to a successful home closing. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

Realtor

SEPTEMBER 19, 2023

Don’t put too much stock in home improvements We’re sure your brand-new kitchen is stunning but don’t be surprised if it doesn’t proportionally raise your home’s market value when it comes to the home appraisals. Here’s how to find a real estate agent in your area.

Appraisal 194

Appraisal Sellers Real Estate Agent Appraisal Process 194

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. Therefore, the final price may not reflect the market value of the property.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

Realtor

AUGUST 7, 2019

Why do appraisals happen late in the home-buying process? Simply put, home appraisals are meant for the buyer’s lender more than any other party. Appraisal value isn’t always the same as market value. So how is market value determined, if not with an appraisal? The final word?

Sellers 111

Sellers Appraisal Market Value Real Estate Agent 111

Eppraisal

SEPTEMBER 8, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide a precise estimate of the property's true market value. "Consumer They will provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

DW Slater Company

FEBRUARY 23, 2023

The demand for housing decreased with the higher mortgage rates as it decreased buyer power. Closely studying our markets is very crucial in understanding current market value for appraisers. Not every market is the same. The charts presented here are just overall trends for all single-family homes in each county.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

Realtor

AUGUST 7, 2019

Why do appraisals happen late in the home-buying process? Simply put, home appraisals are meant for the buyer’s lender more than any other party. Appraisal value isn’t always the same as market value. So how is market value determined, if not with an appraisal? The final word?

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

Realtor

MARCH 7, 2023

Additional requirements for direct loans from the USDA Very low-income homebuyers might qualify for a direct loan from the USDA, but applicants should know that these homes must meet extra requirements in addition to those listed above. These loans have no home value limits at all, although they do have income limits.

Inspection 111

Inspection Appraisal Market Value Finance 111

PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. How appraisals affect the sale.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. How appraisals affect the sale.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Zillow

JULY 15, 2019

Buyers market : Market conditions that exist when homes for sale outnumber buyers. Homes sit on the market a long time, and prices drop. Cancellation of escrow : A situation in which a buyer backs out of a home purchase. Capacity : The amount of money a home buyer can afford to borrow.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Realtor

DECEMBER 11, 2017

You’ve found a buyer! The most strenuous part of the home-selling process is already over. How do you actually sell a piece of real estate to a member of your family? To hire—or not hire—a real estate agent. So now what? Hire an appraiser.

Real Estate 78

Real Estate Real Estate Agent Legal Agents 78

Realtor

DECEMBER 11, 2017

You’ve found a buyer! The most strenuous part of the home-selling process is already over. How do you actually sell a piece of real estate to a member of your family? To hire—or not hire—a real estate agent. So now what? Hire an appraiser.

Real Estate 78

Real Estate Real Estate Agent Legal Agents 78

Eppraisal

JANUARY 17, 2023

If you are a real estate investment property owner, you should have a professional analysis performed each year. A licensed real estate agent can perform the analysis to determine how much your property is worth and if your monthly rent is in line with market value rents. Considering selling?

Investing 36

Investing Real Estate Landlords Investors 36

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

Appraisal 126

Appraisal HOA Easement Valuation 126

PennyMac

JANUARY 2, 2024

Keep in mind, though, that you can still potentially increase your home's equity even if you don't fully recoup the cost of certain improvements. Equity is the difference between your home's current market value and the amount you owe on your mortgage. Will You Stay — A Forever Home or Prepping for a Sale?

Home Improvement 36

Home Improvement Renovations Investing Inspection 36

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.

Appraisal 105

Appraisal Inspection Property Taxes Easement 105

Assurance Financial

APRIL 29, 2021

Instead of writing a check to put down your earnest money, you can send it to your real estate agent using an ACH. If all goes well with the process, the EMD is applied to the final price of the home. But if the buyer cancels the sale or backs out for another reason, the seller gets to keep the EMD. resources.

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74

Listing Spark

MARCH 15, 2022

One of the biggest differences is that the buyer does not get involved in the appraisals. What is the home appraisal process like? There are a few things that can hurt a home appraisal. They may also think that you don’t take care of your home. Another thing that can hurt your appraised value is bad paint job.

Appraisal 36

Appraisal Renovations Contracts Buyers 36

PennyMac

JUNE 28, 2022

More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. Closing costs can apply to both the buyer and seller. Most of the fees involved in closing costs apply primarily to the buyer, so usually the buyer pays most of the closing costs.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.”

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Appraisal Today

JUNE 17, 2022

It is extremely important for appraisers now to closely track changes in your local markets at least once every day and tell your lender clients about it. When will it affect your market? The number of potential buyers will decrease as rates go up in many markets. We have never seen a pandemic real estate market before.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52