PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

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.

Appraisal 36

Appraisal Real Estate Agent Real Estate Inspection 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

Realtor

AUGUST 7, 2019

William_Potter/iStock Even if you’re new to this whole selling-a-house thing, chances are good you’ve heard of a home appraisal. And if you know just a little about the process, you know that the appraisal—a value put on your home by an objective third-party expert—can make or break your home sale.

Sellers 111

Sellers Appraisal Market Value Real Estate Agent 111

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.

Appraisal 36

Appraisal Real Estate Agent Real Estate Buyers 36

Realtor

AUGUST 7, 2019

William_Potter/iStock Even if you’re new to this whole selling-a-house thing, chances are good you’ve heard of a home appraisal. And if you know just a little about the process, you know that the appraisal—a value put on your home by an objective third-party expert—can make or break your home sale.

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

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.

Appraisal 52

Appraisal Bracketing Contracts Valuation 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. It is advised that you forward the inspection reports to your attorney.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

Realtor

MARCH 7, 2023

These loans have no home value limits at all, although they do have income limits. The USDA home loan appraisal process To prove that a home meets the USDA’s criteria, all homes financed by USDA loans must undergo an appraisal. Can I tell if a home will be USDA-eligible just by looking at it?

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Inspection Appraisal Market Value Finance 111

Eppraisal

AUGUST 30, 2022

Offer Market Price Buyers still need to offer at least market price for a home, perhaps higher. Home values are still going up. " The same article cited the surprising statistics, "In June, the national median listing price for single-family homes was $450,000, up 16.9% This isn't really necessary anymore.

Real Estate 36

Real Estate Buyers Real Estate Agent Marketing 36

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.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

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.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Eppraisal

MAY 17, 2022

This is mainly due to the lack of inventory of homes for sale and that home values are rising. Many buyers lose out on homes they put offers on more than once before finally having an offer accepted. You may also be putting your real estate agent at risk of violating the Fair Housing Act.

Real Estate Agent 69

Real Estate Agent Sellers Legal Buyers 69

Eppraisal

FEBRUARY 28, 2023

Inspection Contingency The inspection period typically lasts five to ten business days after the contract is signed. During this time the buyer must get the inspections completed. Most buyers have a whole house inspection. Home values are expected to continue to rise slightly in some markets, but not in all markets.

Inspection 36

Inspection Contracts Sellers Real Estate 36

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.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

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.

Real Estate 36

Real Estate Sellers Inspection Contracts 36

Eppraisal

MAY 18, 2021

Buyers are finding themselves in multiple offer situations which means many are being outbid for homes, often more than once. If you've been outbid for another home, keep your head up. Here are few ideas your real estate agent might have up her sleeve to help you. Be prepared to purchase the home "as is."

Real Estate Agent 69

Real Estate Agent Sellers Buyers Home Value 69

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 ).

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

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 The real estate market is starting to balance out more in many areas of the country.

Sellers 68

Sellers Home Value Real Estate Real Estate Agent 68

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

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.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

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.

Agents 36

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.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

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.

Real Estate Agent 78

Real Estate Agent Real Estate Insurance Inspection 78

Eppraisal

AUGUST 26, 2022

The real estate market is starting to show signs of balancing. In fact, home values are still rising. Price Your Home More Strategically Buyers have been pricing their homes higher and higher over the past two years. Prepare Your Home to List Sellers may have to do more to prepare their homes for sale.

Sellers 36

Sellers Real Estate Marketing Real Estate Agent 36

PennyMac

JANUARY 2, 2024

Equity is the difference between your home's current market value and the amount you owe on your mortgage. A home upgrade that doesn’t fully pay for itself dollar-for-dollar in terms of increased home value may still boost your home’s overall market value, thereby increasing your equity.

Home Improvement 36

Home Improvement Renovations Investing Inspection 36

D Fritz Appraisals

MARCH 7, 2019

Doing These Eight Things Will Help Increase Your Home’s Appraised Value. Looking for ways to increase the appraised value of your home? There are many things you can do to boost its overall value. This information will help you impress the appraiser as well as prospective buyers.

Renovations 78

Renovations Appraisal Real Estate Agent Buyers 78

PennyMac

SEPTEMBER 6, 2023

Save money on home improvements When you sell your house more traditionally, you want to get the most money from your sale by fixing up your home. You may also be required to make repairs to meet certain state standards in order to sell your home. Invest some money and time to fix and update your home.

Renovations 36

Renovations Inspection Sellers Buyers 36

Realtor

DECEMBER 11, 2017

The most strenuous part of the home-selling process is already over. How do you actually sell a piece of real estate to a member of your family? To hire—or not hire—a real estate agent. It can be tempting to bypass the regular process of hiring a real estate agent to broker the deal.

Real Estate 78

Real Estate Real Estate Agent Legal Agents 78

Realtor

DECEMBER 11, 2017

The most strenuous part of the home-selling process is already over. How do you actually sell a piece of real estate to a member of your family? To hire—or not hire—a real estate agent. It can be tempting to bypass the regular process of hiring a real estate agent to broker the deal.

Real Estate 78

Real Estate Real Estate Agent Legal Agents 78

Raleigh Realty

MARCH 29, 2021

This means that it's harder to know a local neighborhood well before searching for homes. Changing locations may make it feel like committing to a home isn't worth the effort, too. With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

PennyMac

JANUARY 3, 2024

Plus, you may sell quickly, providing the down payment funds to purchase your new home soon. Find a reputable and licensed real estate agent. While you may have used a real estate agent to find your first home, hiring one to sell your current house is a good idea.

Real Estate Agent 36

Real Estate Agent Buyers Real Estate Mortgage 36

PennyMac

JUNE 28, 2022

A real estate purchase includes many players and moving parts to reach the final sale, and each of the players and parts do cost money. From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. Lead-Based Paint Inspection. Pest Inspection.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

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? How does a due diligence fee work?

Real Estate 148

Real Estate Buyers Agents Contracts 148