Remove Counter Offer Remove Finance Remove Realtors Remove Sellers
article thumbnail

Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. In fact, if you have liquid funds, and thus aren't financing your home purchase through a lender, you don't need to have the home appraised. What is a Home Appraisal?

article thumbnail

The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area.