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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “City codes and guidelines so final inspections are not necessary. Was the seller highly motivated?

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The 9 Essential Steps of a Real Estate Closing Process

Movoto

For example, should the seller have a lien on the home and the sale won’t cover their mortgage payoff and lien-connected debt, a buyer may opt-out without penalty, thanks to a contingency typically included in real estate purchase agreements. And so begins the trying process of moving and unpacking!

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The Appraiser-Agent Relationship: A Win-Win Approach

Birmingham Appraisal

In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. When real estate agents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened.

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Say What? Home-Buying Lingo You Should Know

Zillow

A closing is usually attended by the buyer, the seller, both real estate agents and the lender. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more. Closing of escrow is the responsibility of the escrow agent.