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Real estate appraisals: What agents should know

Housing Wire

You’ve found a house for your buyer or a buyer for the home you’re selling. A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? What is a real estate appraisal? A real estate appraisal is the assessment of a property’s value. Not necessarily.

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9 tips for homebuyers in non-disclosure states

Housing Wire

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job? trillion to $7.9

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. The buyer typically covers the cost of the appraisal.

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Are Home Buyers Regretting Their Purchase?

Cleveland Appraisal Blog

Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers. WAIVING HOME INSPECTIONS. Did they regret their decision?

Buyers 243
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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor

When you’re a first-time home buyer approaching the finish line in the journey to your new home, you want nothing to go wrong, right? These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected.

Buyers 208
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Market Correction or Seller Panic?

Appraisal Buzz

Assuming a $250,000 loan was committed on December 31, 2021, your monthly payment was approximately $1,007 exclusive of escrow for real estate taxes and insurance. Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. Take a recent example of mine.

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