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Do Appraisal Gap Clauses Impact Appraisals?

Cleveland Appraisal Blog

I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? An appraisal gap clause can be written into a contract. In this hot market, it’s not surprising that this type of clause is being written into some contracts. But not always. Okay, maybe not.

Appraisal 397
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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A home inspector, hired and paid by the buyer typically, will look at the plumbing, electricity and the overall foundation of the home and then provide a report with their findings. While home inspections aren’t required, they provide the buyer with several important opportunities in the home-buying process.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

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How For Sale by Owner Is Changing in Texas

Listing Spark

Buyers are also starting to search out FSBOs more readily because they want to pursue potential savings. Take a closer look at how FSBOs are changing in Texas and what you can do to benefit from the uptick in these property sales, both on the buy side and the sale side of the transaction. Some buyers’ agents may not prefer FSBOs.

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How To Appraise Rural Properties

Appraisal Today

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. By Dallas T.

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Appraisals: Using Comps Across a Freeway?

Appraisal Today

B) Buyer Behavior … C) School System … To read lots more, plus maps and many appraiser comments, Click Here ————————————————————————— Why Comp Photos in Appraisals? I do this every year.

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A complete guide to closing on your first home

Movoto

A home closing—also known as the settlement—refers to the date when a property’s title and deed are transferred to the buyer, officially making them the new owner. The closing process typically involves a number of different parties: You: The buyer. Understanding the basics of home closing. The bank: Your mortgage lender.