D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. How Do I Get Ready for the Appraisal on My House?

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Eppraisal

NOVEMBER 23, 2021

The real estate market is still hot and there are currently more buyers than homes available for sale. So far in this year's fall real estate market, home values continue to rise. Despite the super seller's market, appraisers are protecting the mortgage companies' interests.

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Eppraisal

NOVEMBER 12, 2021

Selling your home can be profitable in today's seller's market as home values have risen significantly this year. What's taken many sellers by surprise this year, however, is that some homes haven't been appraising due to these higher sales prices. Here are a couple of tips on what to expect during an appraisal.

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Appraisal Today

APRIL 14, 2023

Appraising Fixer Uppers Excerpts: We’re all familiar with the term “fixer-upper.” The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” In my MLS “contractor special” is often used.

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Appraisal Bracketing Valuation Contracts 52

Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” It was shared by four nearby homes. Hybrid appraisal survey ).

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Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

JUNE 10, 2022

How can we fix the excess of appraisers? Too many appraisers? 2) We will make it harder to become an appraiser; 3) Let the lower fees discourage newcomer appraisers. In past issues of the Analogue Blog, we have considered the “five forces of friction” on the advancement of appraisal. Purchase vs. refi appraisals.

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Appraisal Contracts Business Mortgage 52

Eppraisal

JULY 19, 2022

Unsure if you should hire an attorney to represent you in your real estate transaction, ask your real estate agent or mortgage lender. A real estate attorney has quite a few roles in a real estate transaction. He will help you from the day of contract through the day of closing.

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Appraisal Today

FEBRUARY 24, 2023

What Level Appraiser Are You? What is the mark of an appraiser who is at the top of his or her “game”? For example, are you competent to prepare an entire appraisal from start to finish? But what if the appraisal form was completely blank with no boilerplate text? A Level 1 appraiser checks boxes.

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Appraisal Architecture Valuation Business 52

Chicagoland Appraisal Blog

JULY 13, 2017

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The title is definitely eye-catching especially to an appraiser in Chicago. How often do realtors attend home appraisals?

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Appraisal Marketing Realtors Real Estate 78

Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

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Eppraisal

OCTOBER 26, 2021

Some are waiving appraisals and others are even offering to waive inspection contingencies. Inspection Contingencies Defined When buyers and sellers agree on all the terms of a real estate contract, it is signed and delivered to all parties. Buyers also have the right to cancel contracts because of inspection results.

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Lamacchia Realty

FEBRUARY 21, 2023

A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. It is not an appraisal and can’t be used in place of an appraisal.” -via Hire a real estate agent to help you price competitively!

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Real Estate Agent Real Estate Sellers Realtors 73

Eppraisal

DECEMBER 20, 2022

Buyers Consultation Once you've identified an agent, set up a consultation. Your real estate agent will discuss with you the price of the home you are looking for, the size, how many rooms you need, the style, your needs and wants in a home, and much more. Closing Finally, it's closing time.

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Eppraisal

OCTOBER 2, 2021

It's imperative, now more than ever, to have an experienced real estate agent who has your best interests at heart. There are key skills you should look for in your listing agent or selling agent. Your agent should know the real estate contract like the back of her hand.

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Agents Real Estate Agent Marketing Real Estate 36

D Fritz Appraisals

FEBRUARY 22, 2023

However, refinancing will also incur additional closing costs, such as appraisal fees and legal expenses, which the borrower should consider before making a decision. Fritz Appraisals Can Help You With Your Next Home Using equity to buy a second home in Canada can be an advantageous financial move for many homeowners.

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Real Estate Investing Appraisal Market Value 124

Eppraisal

DECEMBER 23, 2022

Listing and Showings After you have listed your home for sale and your listing agent has all the marketing and advertising in full swing, you will start having "showings" Be sure that all buyers are accompanied by licensed real estate agents. Negotiate the price based on these home values.

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Real Estate Sellers Inspection Contracts 36

Eppraisal

FEBRUARY 28, 2023

As homes have been selling with multiple offers and at record speeds over the past few years, home buyers have been watching home statuses carefully in case contracts fall through. If the buyer does not meet these contingencies, he/she can get out of the contract without losing any money.

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Eppraisal

JANUARY 13, 2023

When it comes time to sell your home, patience is key in finding a qualified and experienced real estate agent to represent you in listing your home for sale. Find an agent who knows your neighborhood and who has experience working there. Home values are important to sellers.

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Eppraisal

MARCH 10, 2023

Even though most houses were selling quickly, and home values were rising, many sellers wanted to sell their homes to buyers with few or no contingencies. "House In this case, you would already have a contract on your current home, and you would only ask the seller to wait to close until your house closes first.

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Sellers Home Value Real Estate Real Estate Agent 68

Listing Spark

MARCH 15, 2022

Here are a few tips on how to avoid hurting your home appraisal: What is a home appraisal? Home appraisals are a method by which an appraiser reviews a home and compares them to homes in a specific neighborhood to determine their fair market price. What hurts a home appraisal?

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Appraisal Renovations Contracts Buyers 36

Eppraisal

MAY 24, 2022

Today's real estate market is still "hot" and continues to break records. With homes selling faster than ever before, home values are rising at higher rates than ever before. The inventory of homes available for sale is at its lowest in history.

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Agents Real Estate Agent Real Estate Brokerage 36

Eppraisal

APRIL 20, 2021

Your Offer Price As mentioned, the inventory of homes for sale is even lower than it was last year at this time. According to an article on Realtor.com, there were 52% less homes on the market in March of 2021 than in March of 2020. With limited inventory, home values are on the rise. It's that simple.

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Sellers Loan Officers Inventory Home Value 66

Housing Wire

NOVEMBER 16, 2023

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions.

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Realtors Contracts Real Estate Agents 421

Zillow

JULY 15, 2019

This lexicon of real estate terms and acronyms will help you speak the language like a pro. Appraisal management company (AMC) : An institution operated independently of a lender that, once notified by a lender, orders a home appraisal. Closing of escrow is the responsibility of the escrow agent.

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Real Estate Agent Insurance Inspection Buyers 56

PennyMac

DECEMBER 22, 2020

Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area. Your agent should also be able to tell you if you need to hire anyone else, such as an attorney or an inspection service, depending on your state and situation.

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Raleigh Realty

MARCH 29, 2021

Build Equity Every time you make a mortgage payment, you build equity in your home. Think of equity as the amount of money your home is worth after what you owe is deducted. When your home value goes up and you start paying off the loan's principal balance, that builds equity. Also, ask about issues like lead paint.

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Government Real Estate Agent Insurance Property Taxes 148

Listing Spark

FEBRUARY 27, 2024

Selling a home in Texas is expensive. of the home’s value on closing costs—putting the cost of doing business at $26,850 based on the median home value. But whenever homeowners put their homes on the market, they prefer high-quality support. Sellers can expect to spend up to 8.7%

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Agents Tools Open Houses Sellers 36

Hood Homes Blog

APRIL 29, 2018

Your first step when considering selling your home should be to identify the real estate agent you are going to work with. They will have many tools they can take advantage of to inform your home selling needs. Home Value. County Appraisal District. Price Estimate. Conclusion.

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Real Estate Agent Realtors Tools Agents 36

PennyMac

SEPTEMBER 6, 2023

That being said, sellers are still legally and ethically obligated to disclose major issues to buyers, which can lower the home's value. Invest some money and time to fix and update your home. If your home is in moderately good condition and still livable, your house could be an optimal option for more typical homebuyers.

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Renovations Inspection Sellers Buyers 36

Cleveland Appraisal Blog

MAY 13, 2021

There is the owner of the home, who has a view of what they feel their home is worth. Buyers have their view of how much they are willing to pay for a home. Real estate agents have a view of what the home should be listed for, based upon their research and experience. So, they sold their home.

Market Value 298

Market Value Contracts Appraisal Buyers 298

Listing Spark

OCTOBER 13, 2022

How the housing market affects the rest of the economy How to approach the current housing market as a seller Final advice for buyers in the current housing market Are buyers pulling out of contracts at the last minute? How to vet real estate agents as a seller. So look at everybody that’s involved in real estate.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

PennyMac

JUNE 28, 2022

For example, if you have an FHA loan, there is a standard limit that sellers can only contribute 6% based on the appraised value and the price of the property. In some states, you need an attorney to close on your home. This fee will cover the attorney preparing and reviewing agreements and contracts. Closing Fee.

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Insurance Property Taxes Sellers Inspection 36

Raleigh Realty

MAY 3, 2021

The challenges of buying a home as a recent college graduate are similar to that of buying a home as a government employee. These challenges can be overcome if you find a great real estate agent. Build Equity Your home will have a value assigned to it, and you'll be making mortgage payments.

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Real Estate Agent Real Estate Insurance Inspection 78

Realtor

DECEMBER 15, 2016

If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. Lenders require a home appraisal before they’ll provide a loan, for the simple reason that the home serves as collateral for your mortgage. What appraisers do. How appraisals affect the sale.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. Lenders require a home appraisal before they’ll provide a loan, for the simple reason that the home serves as collateral for your mortgage. What appraisers do. How appraisals affect the sale.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Raleigh Realty

MARCH 26, 2022

Questions are going to come up and your agent will be there every step of the way to help you through the process: What is a home appraisal? Is a home inspection worth the cost? Do I need a Real Estate Attorney? How do I measure the square footage of a home? Your Buyer's Agent knows.

Real Estate 148

Real Estate Buyers Agents Contracts 148

Housing Wire

DECEMBER 1, 2022

This reflects a view of moderating 10-year Treasury rates as the Fed Reserve eventually ends its tightening stance, as well as a contracting economy and compression of the Treasury-mortgage rate spread once interest rates stabilize. Buyers were not having any difficulty obtaining mortgages and there were no issues with appraisals.

Housing Market 368

Housing Market Marketing Construction Inventory 368