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How to Communicate Effectively with a Real Estate Appraiser in the Appraisal Process

Boston Appraisal

The appraisal process is important for homeowners, buyers and sellers. You should also disclose any special circumstances or contingencies that may affect the value of the property, such as repairs, renovations, easements, or encroachments.

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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. Any existing easements or zoning issues. They are also used to assess the value of the home for home improvement loans and insurance evaluations.

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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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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Owners with conservation easements can claim an income tax deduction. Conservation easement appraisals are a definite risk for appraisers. They are not easy to do.

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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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