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Buyer agency: a crucial historical shift in real estate

Housing Wire

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This misconception obscures the reality that, historically, buyers lacked formal representation.

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Purchasing & Developing Land - Part 2 - The Process of Purchasing Land

Eppraisal

Once a suitable piece of vacant land becomes available, a prospective buyer must then determine what price is worth the acquisition. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. Subsequently, the process of conveyance must proceed.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. They are also used to assess the value of the home for home improvement loans and insurance evaluations. Valuation for insurance claims. Any existing easements or zoning issues.

Appraisal 105
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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). To read the Fannie document, Click Here My comments: What will happen to owners and buyers who cannot get insurance or whose costs will go way up?

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3 Things You Should Know About Preliminary Title Reports

Zillow

Among the dozens of records that serve to inform or disclose to the buyer significant knowledge about the property, the title report is one of the most important. It documents ownership, vesting, and detail regarding anything recorded against the home, such as liens, encroachments, or easements. Easements.

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

In most instances, such as public development projects or litigation cases, the commercial appraisal review is a mandatory examination of an appraisal report to spot mistakes, address errors in a CRE appraiser’s judgment or update information based on changing conditions due to the passage of time. Concerning capitalization rates, 44.5%

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Crunching Numbers: Using an Investment Property Closing Costs Calculator

Listing Spark

Many investors stop at calculating buyer closing costs, renovations, and holding costs. There are two common styles of hands-on real estate investing: buy-and-hold (such as with rental properties or land you plan to develop) and flips (which are much faster). Why Calculate Seller Closing Costs For Every Property Investment?