Remove Contracts Remove Definition Remove Inspection Remove Market Value
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9 tips for homebuyers in non-disclosure states

Housing Wire

Without sales figures, it’s difficult to access comparable sales, and home buyers may find it challenging to gauge the fair market value of a property. Buyers should focus on other factors when estimating a property’s value , such as location, condition of the home, local amenities, and current market trends.

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What’s Your View?

Cleveland Appraisal Blog

And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price. It may still be worth it to the buyer to move forward, despite paying more than market value. . What is solid support for market value?

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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

.” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” Appraisers do not assign value “Appraisers do not dictate a home’s value, the market does.” ” “That we research value, we do not assign it.”

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USPAP Myths for Appraisers

Appraisal Today

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. from 0.55 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

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Realtor Tip: Multiple Offers? Tell the Appraiser!

Rowe Appraisal Group

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. Bring him copies of the offers to the inspection. Absolutely they are! Or maybe both.

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Realtor Tip: Multiple Offers? Tell the Appraiser!

Rowe Appraisal Group

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. Bring him copies of the offers to the inspection. Absolutely they are! Or maybe both.

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What Is Appraisal Creep When It Comes To Real Estate?

AmeriMac

These appraisals are typically conducted by licensed and certified experts and are based on, among other things, similar homes in the same neighborhood and other factors pertaining to the market. When someone talks about the fair market value of a house, they’re not really talking about a specific dollar amount.