Housing Wire

SEPTEMBER 30, 2021

Aubuchon says buyers are making too many concessions. Buyers “are waiving inspections, an appraisal contingency, and the latest trend is to pay closing costs usually done by the seller.” Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. “It is like ten kids fighting over one ice cream cone.

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Housing Market Marketing Real Estate Agent Loan Officers 370

Eppraisal

DECEMBER 2, 2022

While in the process of purchasing a home, you are going to want to have a home inspection performed. Contracts to purchase homes have clauses in them that allow buyers to have a professional inspection performed, typically within the first five to ten days of signing the contract. Ladders are convenient for heights.

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Inspection Technology Tools Home Value 69

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well. This way, you will have fewer negotiations with your buyer.

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Inspection Sellers Home Value Advertising 68

CP Home Appraisals

AUGUST 27, 2018

Isn’t a home inspection similar to a home appraisal? Not at all – an appraisal differs from a house inspection. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does. Do I need a home inspection as well?

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Inspection Appraisal Property Inspector Real Estate 78

Cleveland Appraisal Blog

AUGUST 11, 2022

I hope you find her article to be helpful! In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer.

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Renovations Buyers Appraisal Investing 221

Cleveland Appraisal Blog

OCTOBER 27, 2022

How can you prepare for the inspection? Assume the role of a potential buyer. Here, you get to play the role of a prospective buyer touring the home. If you plan on selling your home soon, it is a good idea to stage the rooms that potential buyers (and appraisers) will want to see. All of our time is spent at home.

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Appraisal Inspection Buyers Advertising 384

Housing Wire

APRIL 8, 2021

According to Matt Sharp, Area Lending Manager at Citi, “It’s really important when you are in the buying process that lenders have a communication with not only the buyer but also with their realtor,” Sharp said. This is a bit of a gamble since the buyer won’t know for sure if they have to use the money until after the appraisal.

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Inspection Sellers Buyers Tools 451

Housing Wire

OCTOBER 1, 2022

Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. One way to understand the competitiveness of the market is to look at buyers who are waiving contingencies. All cash buyers now stand at 24%.

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Realtors Housing Market Marketing Buyers 403

Eppraisal

SEPTEMBER 28, 2022

Buyers will begin to have some say in their concerns about the homes they purchase. Be sure to get the HVAC system checked out by a professional during your inspection. Be sure to look thoroughly under sinks, inspect the hot water heater and inspect all faucets. Sometimes the switches themselves need replacing.

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Buyers Inspection Home Value Sellers 68

CA Realty Training

MARCH 22, 2021

The Buyer’s Inspection Advisory (BIA) is a disclosure that is included with the Residential Purchase Agreement (RPA) when you make an offer on a home. Simply put, it is advising the buyer to have a professional inspect the property. In this case, the Buyer Inspection Advisory is for the buyer.

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Zillow

MAY 22, 2018

In addition to offering more than the asking price or a quick closing, some buyers agree to waive inspections. For example, the typical buyer won't be able to spot asbestos, nor will they see evidence of termite infestation or a leak inside the HVAC system. Waiving an inspection can cost you a fortune. That is the seller.

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Inspection Buyers Sellers Contracts 36

Cleveland Appraisal Blog

DECEMBER 2, 2021

It really depends on the neighborhood and what the typical buyer in that neighborhood is looking for. In some neighborhoods, especially in newer developments where most driveways are concrete, having an asphalt driveway may be less appealing to buyers because it stands out. I just did) I hope you enjoyed this article.

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Appraisal Market Value Buyers Real Estate Agent 243

McKissock

MAY 18, 2022

A few hours spent mowing the lawn, edging, and ripping out weeds could make a significant difference in how many potential buyers contact the owners. Sellers often get bonus points with potential buyers if they mention a recent roof inspection since it helps buyers trust they’re investing in the right home. Ask for Help.

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Buyers Decorating Real Estate Agent Inspection 92

Cleveland Appraisal Blog

DECEMBER 24, 2022

This week I welcome back guest blogger, Shirley Martin, who answers these questions in this article. The kitchen is a focal point for just about every homeowner and prospective buyer. One good rule of thumb is to focus on projects that will make your home more functional or appeal to a wide range of potential buyers.

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Renovations Appraisal Home Improvement Buyers 303

Housing Wire

JULY 22, 2024

Related articles Free real estate practice exam + 7 study hacks to ace the real estate exam Real estate exam prep: The ultimate guide to acing your state’s real estate exam Step 2: Interview brokerages and select the best fit for you Notice I said “interview brokerages” — unlike a traditional job interview, you’ll be in the driver’s seat.

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Real Estate Agent Real Estate Clients Agents 430

Cleveland Appraisal Blog

MAY 12, 2022

And I remember the first time I started using a digital camera instead of a 35mm camera to take pictures during my inspections. They ended up converting the assignment to a traditional type of appraisal so that I could just make the inspection myself. Ironically, when making the inspection myself, no interior walls need to be provided.

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Inspection Appraisal Tools Advertising 340

Boston Appraisal

OCTOBER 8, 2022

While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves.

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Appraisal Inspection Appraisal Process Valuation 135

Cleveland Appraisal Blog

APRIL 21, 2022

Often personal ideas of value are different than market value because the value is in the eyes of the beholder, which does not account for the entire market of potential buyers. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised.

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Market Value Appraisal Agents Real Estate Agent 350

McKissock

APRIL 28, 2021

It makes sense, but it can make the real estate process even tougher for buyers. Here’s how to handle emotional buyers like the pro that you are. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. Know Their Problems — and Solve Them.

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Real Estate Agent Real Estate Buyers Agents 87

Cleveland Appraisal Blog

JULY 16, 2022

An appraisal is the estimated value of a home that is based on an inspection. And thank you for being here to read articles from the Cleveland Appraisal Blog. Next week, I’ll have another article that I am working on. Here are some links to other articles I’ve enjoyed recently!

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Appraisal Contracts Property Taxes Inspection 297

Housing Wire

JULY 20, 2023

For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side. No rehab for them and no inspection woes for you. Many buyers in today’s market are simply anxious to find the right home, so they will be flexible with the seller’s situation.

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Sellers Clients Inventory Agents 285

Cleveland Appraisal Blog

JANUARY 7, 2021

The buyer would probably say they were not interested in buying a second car. Of course, if the salesman said that the second car, could be purchased for half-price, the buyer might be interested because they could resell the second car and make a profit. I’m not going to delve into the highest and best use topic in this article.

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Appraisal Inspection Legal Real Estate 344

Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers. WAIVING HOME INSPECTIONS. Did they regret their decision?

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Buyers Property Taxes Inspection Market Value 243

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. This is a good strategy for agents who are looking to work with buyers as well as sellers. Who’s it for? Put the lockbox on.

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Real Estate Open Houses Agents Sellers 451

Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate.

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Real Estate Real Estate Agent Contracts Inspection 148

Zillow

JANUARY 30, 2017

Most would-be buyers and sellers believe the real estate "deal" is done at the signing of the contract. Issues typically arise after the home inspection, and those issues tend to result in another round of negotiations for credits or fixes. Here are three buyer tips for negotiating repairs after a home inspection.

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Inspection Renovations Contracts Sellers 36

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. will identify which buyers require immediate contact from the listing agent.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Boston Appraisal

OCTOBER 8, 2022

While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves.

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

Eppraisal

MARCH 15, 2022

When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. There are multiple types of buyer representation with differences in what they entail. Inquire about your options and decide which type of buyer representation is best for you.

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Buyers Real Estate Agent Tenants Landlords 36

Realtor

OCTOBER 21, 2016

It’s a broad-based approach not to be confused with a home inspection , which is a more detailed look at the property. Talk with your loan officer to determine whether any additional testing or inspections will be required. VA buyers should strongly consider investing in a home inspection as well. Free of mold.

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Buyers Inspection Loan Officers Real Estate 78

Cleveland Appraisal Blog

MAY 26, 2022

Occasionally, when performing appraisal inspections/observations, I see homes that suffer from serious settlement issues. I wanted to see what slant potential buyers might take on the situation. I’ve been referencing George Dell’s articles on my blog posts for years. Does your home need to be jacked up?

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Appraisal Inspection Construction Marketing 243

Boston Appraisal

OCTOBER 8, 2022

While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves.

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

McKissock

JULY 6, 2022

In fact, most clients now believe a buyer should be able to identify one of three home options, negotiate a favorable sales price, and close on that property in half an hour just like they do on TV! Sellers and buyers need to have a clear understanding of who can and will have access to the property in question.

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Clients Real Estate Contracts Sellers 87

CA Realty Training

JULY 5, 2021

A buyer can back out of the deal at any given time for many reasons. Here are some of the most common reasons buyers back out of real estate transactions: Buyer’s Cold Feet. One of the most common reasons a buyer backs out is they get cold feet. Home Inspection Calls for Improvements. A Fresh Pair of Eyes.

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Real Estate Buyers Real Estate Agent Inspection 37

Raleigh Realty

FEBRUARY 19, 2022

One of the largest reasons some buyers walk away from a home purchase feeling remorseful is because they don't consider everything about purchasing real estate before they jump into it. There are common buyer mistakes we address with all of our buyers upfront so they have a highly successful transaction.

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HOA Real Estate Buyers Construction 148

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. Steps in the Appraisal Process.

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Appraisal Inspection Appraisal Process Real Estate Agent 96

CA Realty Training

SEPTEMBER 6, 2021

All contingencies are designed to protect the buyer in the event that their conditions are not met. Let’s say you have a house listed at $1,000,000 and you have an interested buyer. So, the buyer offers the full list price of $1,000,000 – great! In this case, the buyer can cancel the deal and get their deposit back.

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Real Estate Agents Inspection Real Estate Agent 56