The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land.

Contracts 143

Contracts Tenants Legal Sellers 143

Cleveland Appraisal Blog

AUGUST 11, 2022

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. Buyers may walk away from the purchase.

Renovations 221

Renovations Buyers Appraisal Investing 221

Cleveland Appraisal Blog

JULY 16, 2022

Cleveland Appraisal Blog is full of helpful information. This is an annually renewable contract that can cover breakdowns to your heating, cooling, electrical, and plumbing systems, along with covering appliance repairs. Take advantage of online reviews to evaluate your potential mover before signing any contract.

Appraisal 303

Appraisal Contracts Property Taxes Investing 303

Housing Wire

APRIL 30, 2024

Through the terms of the National Association of Realtors’ (NAR) commission lawsuit settlement agreement Zillow is now getting into buyer representation agreements. Under the terms of NAR’s settlement agreement, agents will have to have a written agreement with a client in order to work with them as a buyer broker.

Buyers 521

Buyers Agents Clients Realtors 521

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Don’t drink the Kool-Aid that any contract price is reflective of market value. Another issue that led to the housing crash of 2008, was unqualified buyers who were able to secure mortgages on homes they couldn’t really afford.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Birmingham Appraisal

JULY 27, 2022

Do Buyers Have a Leg Up In Today’s Market? The smell of a market shift is in the air but what does this mean for the average buyer? Over the past two years, buyers have been put through the wringer. The steep rise in home prices, and the market’s competitive nature, have tested the resolve of buyers.

Buyers 87

Buyers Inventory Sellers Appraisal 87

Housing Wire

NOVEMBER 2, 2023

The program is designed to help agents connect with buyers, improve their brand recognition and convert leads into clients. However, Market Leader may not be ideal for larger teams or those looking for more customization.

Real Estate 402

Real Estate Real Estate Agent Tools Agents 402

Appraiserblogs

FEBRUARY 21, 2023

The post Under-Valuations Unrelated to Racial Bias appeared on Appraisers Blogs. The AEI Housing Center recently released an analysis revealing that reports by the Federal Housing Finance Agency (FHFA) and by Brookings, attributing the greater prevalence of under-valuations in home purchase appraisals.

Valuation 138

Valuation Contracts Home Value Sellers 138

Appraiserblogs

JANUARY 8, 2024

Could it be because of the racial bias complaint filed against me… Under-Valuations Unrelated to Racial Bias Under-valuations that more accurately reflect the homes' “true” value as opposed to the contract price will also alert the buyer,… Another 'Bad' Word to Avoid!

Appraisal 131

Appraisal Valuation Lending Contracts 131

Cleveland Appraisal Blog

JUNE 17, 2022

The difference between what buyers are likely to pay for those improvements and the cost to replace them, less the land, is the depreciated cost of the improvements. You can also listen right here at Cleveland Appraisal Blog! June Newsletter-Easing Off the Pedal – DW Slater Company Blog. – Birmingham Appraisal Blog.

Appraisal 284

Appraisal Development Market Value Tenants 284

Housing Wire

MARCH 13, 2024

Similarly, data-driven marketing can be more cost effective, helping you focus your marketing budget on homeowners who are most likely to sell, and on buyers who are actively looking for their next home. Follow real estate technology blogs, read industry articles (like this one!), Need more examples?

Real Estate Agent 407

Real Estate Agent Tools Real Estate Agents 407

Appraiserblogs

FEBRUARY 16, 2024

The answer is the listing agents pricing strategy and the buyers agents buying strategy. The lender will go through the appraisal with a fine tooth comb and microscope, while ignoring the fact the initial BPO and CMA which led to the listed price the contract was formed around, was totally inadequate and riddled with errors.

Agents 108

Agents Market Value Appraisal Contracts 108

Appraiserblogs

APRIL 10, 2023

According to aggregate statistics from the Uniform Appraisal Dataset released by the FHFA, roughly 57% of appraisals were above the contract price in 2021. Related Posts: A Low Appraisal is Now a Bad Appraisal A low appraisal is now a bad appraisal. Well, that's according to the headline. The article does not stress ‘bad.’…

Appraisal 116

Appraisal Contracts Valuation Finance 116

Cleveland Appraisal Blog

JUNE 18, 2022

A big thank you to Leslie for writing this article for the Cleveland Appraisal Blog! You can also listen right here at Cleveland Appraisal Blog! . June Newsletter-Easing Off the Pedal – DW Slater Company Blog. – Birmingham Appraisal Blog. Top Reason For House Rules – The Folson Group Blog.

Appraisal 312

Appraisal Law Development Valuation 312

Cleveland Appraisal Blog

AUGUST 20, 2021

Earlier in the year, I appraised a home to have a market value that was twenty-eight thousand dollars ($28,000) higher than the contract price. Contrary to popular belief, good appraisers do not magically appraise homes at their contract price simply to rubber-stamp a sales price. This is a good example. Here’s another example.

Appraisal 418

Appraisal Market Value Contracts Agents 418

Appraisal Buzz

AUGUST 16, 2021

I’ve been consuming more news articles, blogs, and podcasts than ever before, but there are always some questions that never seem to get answered. In other words, why are appraiser estimating market value below the contract price so often? Many will say, we have a willing buyer and seller, so we have an indication of value.

Market Value 448

Market Value Buyers Appraisal Sellers 448

Appraiserblogs

MARCH 19, 2021

…how to prevent a low appraisal in the first place… As real estate brokers in New York City, many buyers ask us what options exist if the appraised value comes below the contract’s purchase price. Here are the most frequent questions buyers ask us. appeared on Appraisers Blogs.

Appraisal 140

Appraisal Contracts Buyers Real Estate 140

Will Springer Realtor

DECEMBER 5, 2023

Our state is at the forefront of improving a document that each buyer and seller receives near the start of the purchase and sale process, and for the first time, our industry will be required to have a contract with buyers. The agency term of 12 months will be the standard but buyers can agree to any length in writing.

Law 62

Law Buyers Sellers Real Estate 62

Cleveland Appraisal Blog

JUNE 7, 2022

Check out the following ideas from Cleveland Appraisal Blog to design your home office on a budget! For more tips on boosting the value of your home, check out the Cleveland Appraisal Blog ! . Thanks so much for being here to read articles from the Cleveland Appraisal Blog! – Birmingham Appraisal Blog.

Decorating 195

Decorating Appraisal Real Estate Design 195

Will Springer Realtor

FEBRUARY 21, 2023

Naturally, one should not be afraid to ask what anything means – terminology, concepts or contract language – just to be clear. Once you have found your dream home and have the contract provisionally signed (known as “under contract,” “Pending sale” or “mutual acceptance”), you can get started on planning the move.

Buyers 67

Buyers Contracts Real Estate Realtors 67

Appraiserblogs

NOVEMBER 7, 2023

Folks,… The post Seller Filed a Racial Bias Complaint Against Me appeared on Appraisers Blogs.

Sellers 126

Sellers Valuation Law Contracts 126

Will Springer Realtor

OCTOBER 19, 2021

The home is under contact, seller and buyer have agreed to terms. Buyer is financing the purchase through a mortgage lender and the underwriter wishes to confirm the value of the home before issuing the loan. (No That’s off the recent high of 20% in May when buyers were in a feeding frenzy for scant homes. Yes, “crap!”

Contracts 41

Contracts Appraisal Sellers Real Estate Agent 41

Cleveland Appraisal Blog

AUGUST 20, 2021

Earlier in the year, I appraised a home to have a market value that was twenty-eight thousand dollars ($28,000) higher than the contract price. Contrary to popular belief, good appraisers do not magically appraise homes at their contract price simply to rubber-stamp a sales price. This is a good example. Here’s another example.

Appraisal 268

Appraisal Market Value Contracts Agents 268

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. You can also listen right here at Cleveland Appraisal Blog! www.anchor.fm/cash-appraiserstats.com.

Appraisal 349

Appraisal Legal Inspection Real Estate 349

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

Appraisal 75

Appraisal Real Estate Real Estate Agent Contracts 75

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. You can also listen right here at Cleveland Appraisal Blog! Fires, multiple offers, & new flooring – Sacramento Appraisal Blog. – Birmingham Appraisal Blog. www.anchor.fm/cash-appraiserstats.com.

Agents 380

Agents Appraisal Renovations Development 380

JMV Lending

JANUARY 20, 2021

Whenever an appraisal comes in under contract price, we work quickly to consider all options with both agents and buyers, and we can usually resolve appraisal issues within a day if everyone is responsive. Below are five of the options available when an appraisal comes in under contract price. Rebut the appraisal.

Appraisal 148

Appraisal Contracts Lending Agents 148

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. Outright sales of 2% and 2.5%

Marketing 381

Marketing Investing Mortgage Investors 381

Will Springer Realtor

MARCH 1, 2022

In a competitive market, however, buyers recognize that submitting an offer with a request to conduct a traditional inspection can hurt their chances of winning a bidding war. Buyers are put in a difficult position and don’t want to only rely on their senses when considering the biggest purchase of their life.

Inspection 36

Inspection Buyers Sellers Real Estate 36

Appraisal Today

MAY 10, 2024

NOTE: Please scroll down to read the other topics in this long blog post on staying positive with slow business, economic analysis for appraisers, current real estate market, unusual homes, mortgage origination stats, etc. == $14M Castle on 40 Acres in Wyoming Excerpts: 5 bedrooms, 5.5+ baths, 9,470 sq.ft., 40 acre lot, built in 1992.

Reconsideration of Value 69

Reconsideration of Value Appraisal Real Estate Insurance 69

Genworth MI Blog

AUGUST 31, 2022

With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer. More buyers began purchasing homes as-is, waiving repairs. Some buyers have even gone a step further by waiving inspections altogether. Q: What are the concerns with buyers waiving inspections? .

Inspection 78

Inspection Appraisal Marketing Appraisal Process 78

Miller Samuel

FEBRUARY 12, 2019

When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. Miller said there are more buyers today compared to 2009, but those buyers are “very jaded about what value is.”

Marketing 221

Marketing Real Estate Appraisal Sellers 221

JMV Lending

JANUARY 15, 2021

APPRAISALS COMING IN UNDER CONTRACT PRICE B/C MARKET’S SO HOT We are seeing appraisals come in under contract price more frequently than normal again b/c the market is so hot and buyers are bidding so aggressively.

Agents 127

Agents Appraisal Contracts Lending 127

Hood Homes Blog

SEPTEMBER 21, 2018

The builder’s rep already preapproved you with their lender and has a contract out ready for you to sign. I’ve worked with some buyers who already had a builder and home in mind, but hadn’t considered many other variables that I suggested. Online Resources for Buyers. Your spouse is ecstatic. Consider other builders.

Contracts 36

Contracts Construction Agents Legal 36

GoForrmz

OCTOBER 26, 2022

From virtual tours to real estate apps, it now takes less time and effort to communicate between sellers and buyers. In this blog post, we’ll share how you can create code-free workflows to collaborate with coworkers on approvals, instantly receive forms in your inbox, and much more. That’s where we come in. We know the feeling.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Appraiserblogs

MAY 10, 2023

Vulnerable buyers, who could be paying off inflated loans based on coerced values, would simply have to live with it. When the appraised value didn’t meet the sale price, the first assumption was that the appraiser conspired to lower the… The post Woke ‘Bounty’ Bill Will Chill Speech of New York Appraisers appeared on Appraisers Blogs.

Appraisal 106

Appraisal Real Estate Sellers Finance 106

JMV Lending

MAY 28, 2021

Our Zillow rep told us yesterday that searches for new homes are down 25% from recent months, as buyers appear to be “fatigued” and are putting their searches on hold. Despite that fact, the market remains extraordinarily hot and we continue to see appraisals come in under contract price all too often. This should not […].

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Appraisal Contracts Lending Buyers 139