Cleveland Appraisal Blog

APRIL 21, 2022

When it comes to nuisance neighbors, I try to visit with real estate agents who have recently sold properties that are within close proximity to the property I am appraising, if possible. Most agents are great to visit with about things like this and are generous with their time, at least in my experience.

Market Value 350

Market Value Appraisal Agents Real Estate Agent 350

Raleigh Realty

AUGUST 17, 2021

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. Inspections are an expense that is paid by the buyer. Due Diligence: What Is it?

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Real Estate Real Estate Agent Contracts Inspection 148

Realvals

JULY 27, 2022

The appraiser will reach out to schedule the inspection with the real estate agents, who will facilitate the inspection on the seller’s behalf. . During the inspection, the appraiser will measure the property, take photos on the exterior, take photos in all rooms inside, and take notes based on their observations.

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Appraisal Inspection Real Estate Buyers 78

Appraisal Today

APRIL 7, 2023

AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. There have been numerous instances in which I have not been able to get ahold of a contact for an inspection only to find out weeks later that the AMC gave me the wrong contact information. Property taxes and tax rates vary widely.

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Appraisal Property Taxes Reconsideration of Value Contracts 52

McKissock

MARCH 28, 2023

No bugs in your ear from agents or other interested parties. Often it’s an older historic property which is my niche.” .” “The houses don’t move, get divorced or pass on, just the people.” ” “The purest type of assignment in my opinion. Especially estate work. We do that.

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Lending Appraisal Property Taxes Training 99

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Transaction costs are added to every property transaction. Answer: No.

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Appraisal Inspection Modernization Business 69

Lamacchia Realty

SEPTEMBER 20, 2023

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. Buyers typically pay 2%-3% of the property’s price, and sellers typically pay 1% of the property’s price (plus agent commissions).

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Sellers Buyers Property Taxes Inspection 62

Appraisal Today

SEPTEMBER 22, 2023

Survey respondents Sales agents accounted for the largest proportion, with 45% of participants holding this license. To me, the big issue is who is doing the inspections. They included appraisers, real estate agents, and someone with a week, a month, or online video training. Inspection training was very good.

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Appraisal Training Inspection Real Estate 86

Quicken Loans

JUNE 8, 2021

But if you work with a real estate agent who understands your local foreclosure market, the stress shouldn’t be much higher than during a traditional home buy. There are also plenty of risks: A home you buy at an auction might have a lien on its title from a government agency, especially if the former owners stopped paying property taxes.

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Real Estate Agent Inspection Government Real Estate 72

McKissock

FEBRUARY 21, 2021

The legal issues or responsibilities, on the other hand, might involve situations where the property is co-inherited, for example, among siblings, and working together to find a common resolution becomes a nightmare. Tax liabilities: This can include federal estate taxes and property taxes. Rent out the property.

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Real Estate Agent Property Taxes Real Estate Legal 56

Cleveland Appraisal Blog

FEBRUARY 17, 2021

As January rolls around each year, homeowners begin receiving their property tax bills. That’s why my tax appeal work often picks this time of the year. Property values have been increasing in many areas for years, with 2020 being a record year for home appreciation in many neighborhoods.

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Appraisal Clients Inspection Market Value 217

Zillow

JULY 15, 2019

American Society of Home Inspectors (ASHI) : A not-for-profit professional association that sets and promotes standards for property inspections and provides educational opportunities to its members. A closing is usually attended by the buyer, the seller, both real estate agents and the lender.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

The Robert Weiler Company

DECEMBER 15, 2022

What is the property’s value? Inspect the condition of the commercial real estate for lease — both inside and outside. Look at the property’s tenants and neighbors to ensure they’re compatible with your company. Our commercial leasing agents have advanced tools at their fingertips and a plethora of resources.

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Real Estate Tenants Landlords Property Taxes 78

The Robert Weiler Company

APRIL 15, 2022

And the landlord pays for all operating expenses, such as maintenance, property taxes, and insurance. property taxes, insurance, building maintenance, utilities, janitorial services, and property management fees). The tenant pays for the base rent plus the property tax and insurance premiums in a double net lease.

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Tenants Landlords Property Taxes Real Estate 144

PennyMac

JUNE 28, 2022

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Lead-Based Paint Inspection. Pest Inspection.

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Insurance Property Taxes Sellers Inspection 36

Raleigh Realty

MARCH 29, 2021

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Your gross income is the income before taxes. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. How Do You Qualify for HUD Programs?

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Government Real Estate Agent Insurance Property Taxes 148

Movoto

JANUARY 31, 2022

You’ve worked with a real estate agent , toured an endless number of properties, got an offer accepted , navigated the mortgage process , and now you’re in the final stretch. Closing agent: This person might work for the lender or the title company. Get excited! It’s time to close on your home.

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Real Estate Agent Sellers Insurance Buyers 36

Quicken Loans

APRIL 12, 2021

Foreclosure can also happen when the homeowner fails to pay their property taxes or homeowners association fees. Foreclosure : the legal process in which a lender or mortgage investor takes back unpaid property. In an REO, the bank is the sole owner of the property. Many banks won’t sell directly to home buyers.

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Inspection Property Taxes Mortgage Investors 54

Raleigh Realty

MAY 3, 2021

These challenges can be overcome if you find a great real estate agent. And for one more benefit, you can deduct your property taxes. But it does give you a useful document about your financial standing that you can show a real estate agent. If you are wondering if a home inspection is worth the cost, the answer is.

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Real Estate Agent Real Estate Insurance Inspection 78

PennyMac

JULY 10, 2023

Will you use a real estate agent? A real estate agent can help you determine your area’s prime selling period, or you can do the research yourself. Real Estate Agents vs. For Sale by Owner: Which Is Better? Negotiate the sale with the homebuyers and/or the buyer’s real estate agent. Is it a good time for you to sell?

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Real Estate Agent Real Estate Agents Buyers 36

The Robert Weiler Company

SEPTEMBER 9, 2022

This is when you, as the investor, will have the opportunity to inspect all aspects of the land and receive full disclosure of all details and conditions before completing the transaction with the land seller. Current Property Taxes. Historic Property Tax Bills. What Should I Consider When Buying Land? Title Deed.

Real Estate 78

Real Estate Buyers Contracts Development 78

Listing Spark

JULY 5, 2023

How Your Investment Strategy Should Shape Your Perspective on Investment Property Closing Costs Before you start strategizing about how to manage investment property closing costs, it’s important to start by understanding the comprehensive list of common closing costs in Texas. These will vary from property to property.

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Investing Real Estate HOA Sellers 36

Zillow

JULY 16, 2018

Do your new neighbor-to-be a favor and alert the seller’s agent to anything the buyer needs to know about your neighbor’s property. Speaking to a real estate agent can keep you informed of changes to property taxes or how assessments are changing in your town. See things differently.

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Open Houses Real Estate Agent Real Estate Property Taxes 36

PennyMac

JUNE 2, 2022

Property taxes. I also can’t emphasize enough that if you are buying the right properties, the goal is to use the appreciation to purchase other properties. Beyond equity growth and cash flow, there is one other way that many people can make (or save) money by purchasing an investment property: tax savings.

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Real Estate Investing Tenants Property Management 69

McKissock

FEBRUARY 25, 2022

I use the iPad to do inspections. ” “The fact that I have worked as a fee appraiser for mortgage related transactions for many years and I now work for a government entity as an appraiser for property tax related purposes. I don’t ‘only do what’s always been done.'”

Real Estate 78

Real Estate Appraisal Easement Inspection 78

PennyMac

JANUARY 3, 2024

Other home expenses, such as property taxes, utilities, homeowners insurance and often costly homeowners association (HOA) dues, will also continue until you sell. Find a reputable and licensed real estate agent. Selling a home involves many moving parts, and a real estate agent can guide you through the process.

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Real Estate Agent Buyers Real Estate Mortgage 36

Zillow

JUNE 1, 2018

Make an offer using a local real estate agent and lender Many vacation properties are in specialized local markets, so it’s best to find local real estate agents and lenders. Your real estate agent will clarify local transaction fees, taxes and commissions, as well as advise on local zoning and property rental rules.

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Real Estate Agent Real Estate Investing Property Taxes 36

AmeriMac

APRIL 15, 2024

Some lenders, such as Fannie Mae, even allow for a property inspection waiver (PIW) in certain cases, making the appraisal process even quicker. Finally, a home appraisal assures both buyers and sellers that the purchase price is reasonable and reflects the true value of the property.

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Appraisal Appraisal Process Real Estate Renovations 36

Zillow

MARCH 16, 2015

Make an offer Lake houses are a specialized property type, so it’s best to use a local real estate agent and lender. Make an offer Lake houses are a specialized property type, so it’s best to use a local real estate agent and lender. Only a local expert agent can advise properly.

Real Estate Agent 36

Real Estate Agent Insurance Property Taxes Real Estate 36

Assurance Financial

APRIL 29, 2021

Instead of writing a check to put down your earnest money, you can send it to your real estate agent using an ACH. If the house doesn’t pass inspection or the sale doesn’t go through due to an allowable contingency, the buyer gets the EMD back. Municipalities often use FMV to determine the tax rate on a home.

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74

The Robert Weiler Company

JANUARY 2, 2021

Also, since the property can start being utilized once the contract is signed, this method allows the investor to begin quickly using the property. Land contracts also do not require involvement with banks, lenders, or real estate agents. Tax advantages. Which party is responsible for drafting the land contract?

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Contracts Tenants Legal Sellers 143

The Robert Weiler Company

OCTOBER 21, 2022

In general, the full cycle of the commercial real estate appraisal process can take several days to weeks, when you factor in the inspection and subsequent investigative work. Fees can vary based on the size of your property, as well as the scope and nature of the commercial real estate appraisals.

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Real Estate Appraisal Property Appraisal Valuation 60