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Market Value: Who Says What It Is?

McKissock

Free Download: Ready to launch your appraisal career? So, this is a pretend sale between a typically motivated buyer and a seller. We need to explore who the most likely market participants might be. So, it’s that darned old market that determines what the market value is.

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Guide To iBuyers and iBuying For Home Buyers, Sellers, And Agents

Quicken Loans

You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. markets, but they’ve been steadily expanding. iBuying FAQs.

Sellers 55
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4 reasons you’re better off selling your house this spring [INFOGRAPHIC]

Cornerstone

Download the infographic here. Here’s a quick recap of why selling can be a smart move this spring: Springtime normally shows an influx of buyer activity. It’s an ideal time for sellers to take advantage. Sellers who may have been reluctant to list in the past few years are now considering it.

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Avoiding Fraudsters When Buying and Selling a Home

Will Springer Realtor

How do buyers get caught up in the web of a cybercriminal? One of the most common scenarios involves scammers hacking into the email accounts of buyers and various professionals working on the closing of a home sale. This is yet another “buyer beware” alert during the home-purchase process. Do not click on an unverified email.

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What’s in a Sales Contract? Insights from a Seasoned Appraiser

McKissock

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. Maybe looking at the sales contract only after developing the appraiser’s opinion of value would help avoid the above concern? Questions we should ask ourselves.

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What Happens to My Mortgage If I Move?

Assurance Financial

In a traditional home sale, the seller lists the house for a price that will cover the following costs: The mortgage’s remaining costs. After taking care of the above expenses, whatever amount is left over is the seller’s profit. As a result, the seller no longer has that mortgage. Traditional Home Sale.

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Mortgage Term Glossary

Assurance Financial

Earnest money is a portion of the sale price of the home that a buyer pays upfront, after the seller accepts their offer. The deposit shows that a buyer is serious and allows the seller to take the home off the market. If the buyer backs out of the sale, the seller gets to keep the earnest money.