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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

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 buyers, it could mean a potential bargain. There is a difference.

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Appraising Fixer Uppers

Appraisal Today

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. Appraisers sought to bracket the subject using three comparable sales. We have learned how to address areas that tend to be sticking points for Fannie Mae and Freddie Mac, such as bracketing elements of comparison.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. We’ll have to cut price or find another buyer. It’s important to note that we’re in this situation in the first place because we didn’t get a cash buyer. Which is a legal no-no.). What just happened? It’s not fair.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. And if you're looking at a popular house, you could lose out to a more prepared buyer. USDA loans are for those in the low to moderate-income bracket. Department of Agriculture (USDA) coordinates loans, as well.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. Buyers Beware? Remember: real estate is hyper-local! I May Need To Sell.

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Appraisal Comparable Guidelines – What Do Appraisers Look For in Comps?

Realvals

Usability is of great significance here, where families are the main buyers. This makes it harder to adjust and can also be the difference between two completely different buyer pools. Most likely, the buyers would not be the same, and it would not make a good comparable. Bracketing. Best Practices for Comparable Sales.

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The title insurance industry prepares for battle

Housing Wire

Prior to the recent rise in HELOC volume, Braga said her firm typically saw HELOCs as part of simultaneous closings where buyers would do a first mortgage and a HELOC at the same time. The second largest age bracket was 35-44 at 19%. “Currently, I would say the majority of our volume is some type of HELOC product.”.

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