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9 Things to Know BEFORE Your Home Appraisal

Raleigh Realty

They can keep buyers up at night after going under contract on a home. Mortgage lenders will almost always require a home appraisal when buyers apply for a loan, as lenders want to ensure the buyer isn’t overpaying for the home. 9 Things to Know BEFORE Your Home Appraisal Home appraisals.

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Crunching Numbers: Using an Investment Property Closing Costs Calculator

Listing Spark

These figures include a ballpark on ROI for rental properties, a clear idea of your expected profit on a flip after renovation and resale, and a detailed list of the expenses you’ll incur to process the property. Many investors stop at calculating buyer closing costs, renovations, and holding costs.

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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. Renovation loan assessments. Estate settlements. Any existing easements or zoning issues. Mortgage financing and refinancing. Reviewing / appealing property tax assessment.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Any non-permitted additions – if you’ve added a permanent structure without a permit, this can impact the value of your home and pass an unwanted issue on to the buyer. Any easements or encroachments – any part of the property should be accounted for to get the most accurate estimate of the land value.

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