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Real estate appraisals: What agents should know

Housing Wire

You’ve found a house for your buyer or a buyer for the home you’re selling. One of the final hurdles to clear is the appraisal , and it has the power to leave a deal dead in the water. If the second appraisal comes back higher, buyers and sellers may feel more comfortable meeting in the middle. Not necessarily.

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Do Appraisal Gap Clauses Impact Appraisals?

Cleveland Appraisal Blog

An appraisal gap clause can be written into a contract. It states that the buyer will still purchase the home at the contract price, even if the appraised value is lower than the contract price by a certain amount. In this hot market, it’s not surprising that this type of clause is being written into some contracts.

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FAQ #2:  What’s the Difference Between Appraised Value and Market Value?

Riverfront Appraisals

If you’ve been following me for any length of time, you know I’ve talked a lot about market value. Way too many people still think that market value is simply what a buyer is willing to pay for a property. […]. The post FAQ #2: What’s the Difference Between Appraised Value and Market Value?

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? Now it's time for the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A home inspector, hired and paid by the buyer typically, will look at the plumbing, electricity and the overall foundation of the home and then provide a report with their findings. While home inspections aren’t required, they provide the buyer with several important opportunities in the home-buying process.

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Understanding the Home Appraisal Process

East Coast Appraisal

The best way to do this is with an appraisal. During an appraisal, your home is inspected and photographed to determine the current market value. If you would like to know more, check out these commonly asked questions about the home appraisal process. What Does an Appraiser Look For?

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Historical Properties and Their Unique Appraisal Approaches

Boston Appraisal

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Leveraging Market Data The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics.

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