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Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

I hope you find her article to be helpful! 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. Although you probably won’t be able to sell your home at its actual market value, you will also save a lot of time and money.

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4 Ways to Help Manage Client Expectations

McKissock

I would recommend including at least property access, financial outcomes, and potential roadblocks from contract to closing. For sellers, they need a clear understanding of what showings, open houses, and inspections could entail. Click here to read the full article. Expectation 4: Potential Roadblocks From Contract to Closing.

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New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

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.

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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

.” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” Appraisers do not assign value “Appraisers do not dictate a home’s value, the market does.” ” “That we research value, we do not assign it.”

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USPAP Myths for Appraisers

Appraisal Today

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. from 0.55 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

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The Cost Approach: An Underutilized Approach to Value

McKissock

Harrison, in the Fall 2006 issue of his Real Estate Valuation Magazine Online, included an article titled “Let’s Resuscitate the Cost Approach.” The contract price on the house was $144,000…You taught me well, I can’t say enough that if you know how to use this form correctly, you can value real estate.”

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Top Ten Reasons Why It Is Great to be an Appraiser!

Appraisal Today

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. What is happening in your market? MLS info can be unreliable.