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Appraisal Trends: Mastering Property Conditions and Location on the Appraisal Review

Genworth MI Blog

Handling property condition concerns on the appraisal report That said, if photos or notes outlined in the appraisal report cause concern for the reviewer, further inspection or repairs may be required. Property conditions that impact subject livability, soundness, and/or structural integrity may cause such further inspection/repairs.

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What is the Buyer’s Inspection Advisory? 

CA Realty Training

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. SQUARE FOOTAGE, AGE, BOUNDARIES.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

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. So how can real estate agents be so cavalier about their job? Chatbots nurture leads.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. To me, the big issue is who is doing the inspections. They included appraisers, real estate agents, and someone with a week, a month, or online video training. A buyer gets a seller’s disclosure statement for that information.

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3 Common Contingencies in the Real Estate That Every Agent Should Know

CA Realty Training

We will discuss the three contingencies that you’ll see, which are appraisal, inspection, and loan. So, the buyer will pay for an appraiser to inspect and write a report on the home’s value. So, the seller hopes that the appraised value is $1,000,000 or higher. What is an Inspection Contingency?

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How Does a Request for Repairs Work in California?

CA Realty Training

Get a Home Inspection to Find Every Defect. Buyers should request repairs after a home inspection. . This list is called the inspection report. The inspection report is a powerful negotiation tool for agents because it can influence a home’s final cost. How Do Home Sellers React to a Request for Repairs?

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7 best real estate classes in Ohio (OH) for 2024

Housing Wire

While there are many online real estate cla in Ohio to choose from, it’s important to find a program that’s aligned with your budget, schedule, timeline, and goals, and that lay the foundation for a successful real estate career. We’ve done extensive research to determine the best real estate classes in Ohio to launch your new career.