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

Raleigh Realty

It's important to note that real estate contracts and laws change depending on what state you are in. It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract.

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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. Estate settlements. Valuation for insurance claims. Vehicular access.

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

Appraisal Today

Ryan’s blog focuses on local real estate agents and market conditions, a most excellent method of becoming the “go-to” appraiser and getting lots of referrals from agents. I first started writing a real estate column in the local newspaper back in the late 1980s but did not like it.

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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. Buyer Closing Costs Matter Too Buyer closing costs are generally smaller than seller closing costs, as buyers don’t directly pay for the agents involved. You might decide to only pay 5% for real estate commissions.

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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.