Movoto

APRIL 8, 2024

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. Should the buyer breach the contract (e.g., auctions, cash sales, etc.):

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Contracts Real Estate Property Taxes Legal 36

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. If you want seller leads and already have a CRM you love, Offrs + RAIA is an excellent choice. Need more examples?

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Real Estate Agent Tools Real Estate Agents 377

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 372

Real Estate Real Estate Agent Tools Agents 372

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.

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Valuation Contracts Home Value Appraisal 141

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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Sellers Real Estate Appraisal Appraisal Process 82

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.

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Renovations Buyers Appraisal Investing 221

Appraiserblogs

JANUARY 8, 2024

Related Posts: Seller Filed a Racial Bias Complaint Against Me So what’s caused the sudden loss of income? To lighten the load somewhat from discussions about current highly restrictive language use in appraisal reports that tends to circumvent… The post Appraisers Destroying Goliath’s Messaging appeared on Appraisers Blogs.

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Appraisal Valuation Lending Contracts 134

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.

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Buyers Inventory Sellers Appraisal 90

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? But what offer will the seller accept $400,000. The motivation of the seller is obvious.

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Market Value Buyers Appraisal Sellers 448

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.

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Law Buyers Sellers Real Estate 61

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.

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Inventory Market Value Appraisal Contracts 243

Movoto

MAY 29, 2024

During standard home sales, earnest money comes into play around the time a home goes under contract. In the following blog, we’ll touch on various elements of closing on a real estate deal , provide an earnest money definition, and explain how it works. What is Earnest Money? It thereby reduces the amount of the transaction.

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Contracts Sellers Buyers Real Estate 36

Mashvisor

SEPTEMBER 30, 2021

These conditions in the contract specify when a buyer can back out without penalty. Thus property sellers… Contingencies are commonplace in real estate transactions, but they could derail a sale.

Sellers 74

Sellers Contracts Real Estate Buyers 74

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. The seller will probably never know. The reason?

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Appraisal Market Value Contracts Agents 418

Mashvisor

OCTOBER 22, 2021

A home offer is a written contract signed by the buyer and the seller as a consensus to show that both parties agreed to conclude a transaction. It’s a legal…

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Sellers Legal Contracts Buyers 69

Listing Spark

DECEMBER 9, 2020

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees).

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Sellers HOA Insurance Contracts 69

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. The seller will probably never know. The reason?

Appraisal 263

Appraisal Market Value Contracts Agents 263

Lamacchia Realty

MARCH 17, 2022

ARE YOU A "WANT-TO-BE" SELLER IN 2022? Now two years later , 2022 started with the lowest inventory EVER recorded and while inventory has grown slightly, This means NOW is a still a great time to list and take advantage of motivated buyers before other sellers really start to saturate the market. Sell by Accepting a Cash Offer.

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Sellers Realtors Buyers Inventory 62

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.

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Appraisal Real Estate Real Estate Agent Contracts 76

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.”

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Marketing Real Estate Appraisal Sellers 221

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. Sellers generally receive multiple offers, with at least a few without a home inspection contingency.

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Inspection Buyers Sellers Real Estate 36

Birmingham Appraisal

AUGUST 23, 2023

The agent’s client (buyer or seller) can make an informed buying or selling decision and the appraiser’s client (bank) can make an informed lending decision. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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Agents Appraisal Valuation Appraisal Process 85

Movoto

MAY 29, 2024

After an offer is accepted when buying a home , the sale will enter the under-contract phase leading up to the final real estate closing day. Once the parties sign the real estate purchase agreement and the buyer pays earnest money, several additional steps must be completed before the property can successfully transfer from seller to buyer.

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Real Estate Inspection Real Estate Agent Buyers 36

Appraiserblogs

MAY 10, 2023

A bill being crafted by the New York state Senate’s Finance Committee would, in effect, place a $2,000 bounty on the head of any heretical real estate appraiser in the Empire State who dares conclude a value that fails to satisfy a seller, serial refinancer or commissioned broker in a deal.

Appraisal 108

Appraisal Real Estate Sellers Finance 108

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.

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Real Estate Contracts Clients Real Estate Agent 78

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%

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Marketing Investing Mortgage Investors 367

Lamacchia Realty

SEPTEMBER 20, 2023

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. Closing cost credits are a great tool to help buyers pay their closing costs and have more money after closing. This enables the buyers to bring less money to closing.

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Sellers Buyers Property Taxes Inspection 56

Birmingham Appraisal

JUNE 21, 2023

In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively. Importance of Accurate Pricing Accurate pricing is vital for both sellers and buyers. Here are some valuable insights and tips: 1.

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Real Estate Agent Real Estate Agents Appraisal 79

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For sellers, this can be appealing, as it may justify a higher asking price.

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Real Estate Agent Real Estate Clients Agents 89

Birmingham Appraisal

FEBRUARY 20, 2024

It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. The lender, whether it be a bank, mortgage company, credit union, or other financial institution will provide the buyer with the funds through a mortgage to pay for the house.

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Agents Appraisal Real Estate Agent Bracketing 89

Listing Spark

DECEMBER 2, 2022

In this blog post, we’ll go over the pros and cons of selling as-is in Texas. Selling a house “as-is” in Texas, means the buyer agrees to buy the home in its current condition. Which is why many sellers try to sell their home “as-is” and avoid the hassle of repairs and improvements. How can that be possible?

Contracts 36

Contracts Sellers Inspection Buyers 36

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? .

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Inspection Appraisal Marketing Appraisal Process 78

Birmingham Appraisal

JUNE 13, 2023

However, as an appraiser, I have to look beyond the offers and consider other factors that affect market value, such as supply and demand, market trends, buyer preferences, financing conditions, etc. If there are no comparable sales that support the contract price, this may result in a lower appraised value.

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Real Estate Agent Real Estate Agents Reconsideration of Value 81

Hank Miller Team

JUNE 14, 2022

In some areas and price points, buyers and sellers got whiplash. The charts below are the counties that most national organizations call the "Atlanta market" Astute and well educated readers of this blog (like you) know that all real estate is hyper local. Key points: As rates rose through Jan, contracts increased.

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Housing Market Marketing Contracts Real Estate 40

Boston Appraisal

DECEMBER 11, 2023

The appraisal process is important for homeowners, buyers and sellers. For more in-depth information about the different approaches, please visit our website www.bostonappraisal.com ; we have blogs and videos explaining them! Visit www.bostonappraisal.com for more videos and blogs!

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Appraisal Process Real Estate Appraisal Easement 78

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. The home appraisal is something you can negotiate prior to going under contract as well, or even while under contract. It's one of the final steps after going under contract.

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Appraisal Process Appraisal Construction Sellers 139