Birmingham Appraisal
SEPTEMBER 26, 2023
Legal Implications If a buyer or seller relies on an inflated outlier-based list price to make a significant financial decision and later faces financial hardships as a result, they may pursue legal action. Related posts: What is bracketing and why should Realtors do it?
Appraisal Today
APRIL 14, 2023
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. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.29
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Portland Appraisal Blog
APRIL 14, 2019
There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. Which is a legal no-no.). Oftentimes appraisers will embed a short essay/commentary about why their opinion of value doesn’t align with the negotiated sales contract. 4) “Bracketing” of most major features. (No
Raleigh Realty
MARCH 29, 2021
Due diligence stretches from the time you sign a contract to closing. USDA loans are for those in the low to moderate-income bracket. In fact, your lender has a legal obligation to spell out these fees and mortgage terms. Ask around for recommendations so you get an experienced agent who puts you first.
Houston Properties
JANUARY 13, 2021
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. Properties are still going under contract. The typical real estate purchase process takes about 4-6 months (including being under contract for ~30-45 days). So, what did they do?
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