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Real Estate Sales Agreements: Understanding Your Contract

Movoto

This is a legally binding agreement between the buyer and seller that helps ensure the sale will be completed according to the contract’s outlined conditions. Real estate purchase contracts come into play to protect both parties and move the sale forward, helping prevent either party from wasting the other’s time and money.

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How Today’s Market Impacts the Appraisals and Inspections Landscape

Genworth MI Blog

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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Making Your First Home Purchase Choice

Cleveland Appraisal Blog

An appraisal is the estimated value of a home that is based on an inspection. 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.

Appraisal 298
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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

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. So, what is a land contract agreement, and how does it work? A home or condo.

Contracts 143
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Five Contract Contingencies Home Buyers Should Consider

Will Springer Realtor

They have safeguards built in to written agreements such as a purchase contract on a home. Assuming the buyer followed the rules of the contract contingency, he/she would get the earnest money back and the deal is off the table – all thanks to this important condition. More on home inspections.) More on home inspections.)

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House Measurement by Property Data Collector Gone Wrong

Appraiserblogs

The lender allowed an unlicensed property data collector give bad data to the appraiser… I work for this lender and they will not let my trainee inspect. They put an appraisal waiver in the contract which meant they could not walk away if the. The owners are now underwater by more than $100,000… I’m sad and I’m mad!

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Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

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. Most states prescribe a certain amount of time when the homebuyer can walk away from signing the purchase contract. Thanks so much for reading the articles at the Cleveland Appraisal Blog!