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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract. Due Diligence: What Is it?

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

They are also used to assess the value of the home for home improvement loans and insurance evaluations. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Estate settlements. Valuation for insurance claims. Vehicular access.

Appraisal 105
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3 Things You Should Know About Preliminary Title Reports

Zillow

It documents ownership, vesting, and detail regarding anything recorded against the home, such as liens, encroachments, or easements. The title company compiles the report from a search of county records to issue title insurance, and any liens against the property are listed as "exceptions" to a title policy. Easements.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

There is administrative time involved, as well as legal factors. Ryan’s blog focuses on local real estate agents and market conditions, a most excellent method of becoming the “go-to” appraiser and getting lots of referrals from agents. First, the burden on borrowers. They start the row.