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.

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Sellers Appraisal Market Value Real Estate Agent 78

Empire Appraisal Group

JUNE 6, 2024

Study: All-Cash Buyers Pay 10% Less A new study shows sellers would rather leave money on the table and accept an all-cash sale than risk losing the sale completely because the mortgage falls through. We find sellers are willing to leave money on the table to avoid the risk.” In policy terms, U.S.

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Eppraisal

DECEMBER 23, 2022

We'll now dissect the entire real estate transaction from the perspective of the seller. Be sure your agent did an analysis for you and that you are aware of the home values for similar homes in your area. Negotiate the price based on these home values. You are not privy to see the appraisal.

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Appraisal Buzz

JULY 18, 2022

Therefore, it begs the question: what will happen to home values? To answer this question, we must consider the historical correlation between interest rates and home price appreciation. Since 1976, mortgage interest rates and home price appreciation have had a positive, but weak relationship.

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Sellers Marketing Market Value Home Value 435

DataMaster

APRIL 6, 2021

What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold.

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Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold.

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Appraisal Appraisal Process Buyers Legal 78

Houston Properties

JULY 22, 2022

Home Value Of My House: Tips for Pricing Your Houston Home. Asking yourself, "What is the home value of my house in Houston"? Use this Houston home valuation tool from HoustonProperties.com. Value Your Home. Planning to sell your home but overwhelmed with all the steps to take?

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Eppraisal

AUGUST 26, 2022

This means that the sizzling hot seller's market will be softening up a bit. In fact, home values are still rising. In order to maximize sales prices, sellers should follow a few strategies. Price Your Home More Strategically Buyers have been pricing their homes higher and higher over the past two years.

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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.

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Appraisal Real Estate Agent Renovations Home Value 69

Eppraisal

NOVEMBER 9, 2021

Home buyers are still flocking to homes when they are listed for sale. Buyers continue to offer list price and above as home values are still going up. When a home buyer doesn’t pay cash for a home, he will most likely be purchasing the home with the help of a mortgage lender.

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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.”

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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

FEBRUARY 28, 2023

They have different impacts on both the buyer and the seller in a real estate deal. 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. Contingencies create risks for the home seller.

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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. Who Orders the Appraisal?

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Eppraisal

MARCH 10, 2023

Sell, Rent and Then Buy Since the market is still more on the seller's side, you might want to sell your home first and get your money in the bank. If you are open to renting short-term before you find your new home, this is a desirable position to be in. . "House

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Sellers Home Value Real Estate Real Estate Agent 68

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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Eppraisal

JULY 19, 2022

With home values rising and homes selling at record speed, it is helpful to have an attorney on your side during the transaction. Contract Review Whether you are a home buyer or a home seller, once you sign a contract it is time to hire a real estate attorney. Many sellers today do not attend closings.

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Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Each step will get you closer to a successful home closing. It is important to understand home values in the areas you are looking so you have an idea of what type of homes you can afford.

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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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Real Estate Agents Real Estate Agent Marketing 69

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

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Sellers Loan Officers Inventory Home Value 66

PennyMac

SEPTEMBER 6, 2023

The home-selling process can be challenging at times. This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. You may also be required to make repairs to meet certain state standards in order to sell your home.

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Eppraisal

APRIL 8, 2021

It's a "super seller's market" right now. Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. If you are a seller, it's the best time to get a good price and the best terms for your home.

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Marketing Inspection Contracts Buyers 36

AmeriMac

JUNE 6, 2022

As a homeowner, you may be asked to get a home appraisal for a variety of reasons. Maybe you’re refinancing your mortgage, or perhaps you’re selling your home. As a home seller, you will need to go through the process of home appraisal to secure a mortgage. What is a Home Appraisal?

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Eppraisal

MAY 18, 2021

If you've been outbid for another home, keep your head up. It's All About the Sellers It's a super sizzling seller's market right now and home values are rising. Sellers are in charge and if you're trying to buy a home, keep this in mind. Be prepared to purchase the home "as is."

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Real Estate Agent Sellers Buyers Home Value 69

Eppraisal

MAY 25, 2021

The VA home loan is a true "no money down" home loan opportunity. Private mortgage insurance (PMI) is usually required with other loan programs when a buyer's down payment is less than 20% of the home's value. VA loans used to make sellers liable for extra closing costs.

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Sellers Home Value Inspection Government 36

Zillow

JULY 15, 2019

Appraisal management company (AMC) : An institution operated independently of a lender that, once notified by a lender, orders a home appraisal. Approved for short sale : A term that indicates that a homeowner’s bank has approved a reduced listing price on a home, and the home is ready for resale.

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Real Estate Agent Insurance Inspection Buyers 56

Eppraisal

JANUARY 29, 2023

Obviously, there are certain elements of home sales that do not apply to the exchange of raw land, at least not yet. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. Another measure of value -- land values, not home values -- is information derived from a raw land appraisal.

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Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Home prices continue to increase and sellers are reaping the rewards of quick sales. According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago."

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Agents Real Estate Agent Marketing Real Estate 36

PennyMac

DECEMBER 22, 2020

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Share your favorite homes with your agent, who can set up tours for properties at the top of your list.

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Inspection Real Estate Agent Real Estate Agents 69

Appraisal Today

NOVEMBER 4, 2022

Appraisers Share Their Best Tips for Working with AMCs. Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. My comments: Read this blog post with practical tips from practicing appraisers.

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PennyMac

JUNE 28, 2022

More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. At this point in the home buying process, you’re probably wondering why closing costs are necessary. Closing costs can apply to both the buyer and seller. Who Pays Closing Costs?

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Insurance Property Taxes Sellers Inspection 36

The Robert Weiler Company

OCTOBER 15, 2021

Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. Commercial real estate appraisers will tell you that cap rates do not signify value. A Columbus, Ohio property appraiser will help you learn the exact size and condition of the property.

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Eppraisal

MAY 24, 2022

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. Some sellers think it is a good time to try to sell their homes "For Sale By Owner" (FSBO or by owner) to save a bit of profit.

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Will Springer Realtor

MARCH 7, 2023

Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. For residential parcels, fair market value is generally determined by analyzing recent sales of comparable properties in the same area.

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Housing Wire

MAY 2, 2021

Using an AVM helps lenders quickly and accurately get an independent assessment of collateral value, which can streamline the home buying process for them and the borrower. Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle.

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Valuation Home Value Lending Technology 378

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.

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East Coast Appraisal

MARCH 16, 2023

A home appraisal is one of the best ways to determine a property's market value. Fortunately, you can take several steps to improve your home's appraisal. A higher appraisal value means you can sell your home for a higher price, which can result in a larger profit for you as the seller.

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Appraisal Renovations Home Value Inspection 52