PennyMac

SEPTEMBER 6, 2023

Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition. Sell fast If you want to get more equity from your home without putting in a ton of effort, it's possible to just sell it as is.

Renovations 36

Renovations Inspection Sellers Buyers 36

Eppraisal

MARCH 10, 2023

Chances are that you will be able to sell your current home quickly and replace some of the savings and investment monies you used, in no time. Get Approved to Buy Without Selling A similar concept is to get approved for a mortgage on the second house without having to sell and close on your current house first.

Sellers 68

Sellers Home Value Real Estate Real Estate Agent 68

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. Appraisals are for the benefit of the buyer too.

Appraisal 158

Appraisal Appraisal Process Buyers Legal 158

Eppraisal

DECEMBER 23, 2022

Earlier this week we explored the real estate transaction from the perspective of the Buyer. Listing and Showings After you have listed your home for sale and your listing agent has all the marketing and advertising in full swing, you will start having "showings" Be sure that all buyers are accompanied by licensed real estate agents.

Real Estate 36

Real Estate Sellers Inspection Contracts 36

Realtor

MARCH 7, 2023

These loans have no home value limits at all, although they do have income limits. The USDA home loan appraisal process To prove that a home meets the USDA’s criteria, all homes financed by USDA loans must undergo an appraisal. Many homebuyers may instead qualify for a USDA guaranteed loan through a lender.

Inspection 111

Inspection Appraisal Market Value Finance 111

Eppraisal

APRIL 8, 2021

Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. There is so much pent-up buyer demand that homebuyers are in bidding wars and are offering considerably more than list price for homes.

Marketing 36

Marketing Inspection Contracts Buyers 36

Zillow

JULY 15, 2019

Approved for short sale : A term that indicates that a homeowner’s bank has approved a reduced listing price on a home, and the home is ready for resale. Look for this accreditation or something similar when shopping for a home inspector.). Buyers market : Market conditions that exist when homes for sale outnumber buyers.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Eppraisal

MAY 18, 2021

It's no secret the real estate market is super hot right now and the demand for homes is high. There are more buyers than homes available for sale. Buyers are finding themselves in multiple offer situations which means many are being outbid for homes, often more than once. Be prepared to purchase the home "as is."

Real Estate Agent 69

Real Estate Agent Sellers Buyers Home Value 69

Eppraisal

NOVEMBER 9, 2021

Home buyers are still flocking to homes when they are listed for sale. Buyers continue to offer list price and above as home values are still going up. When a home buyer doesn’t pay cash for a home, he will most likely be purchasing the home with the help of a mortgage lender.

Appraisal 36

Appraisal Contracts Sellers Home Value 36

Eppraisal

APRIL 20, 2021

Have Your Financing in Order If you're in the market to buy a home in the near future, the most important item on your agenda is to have proof that you have enough cash for the purchase or are pre-approved for a mortgage. With limited inventory, home values are on the rise. The stronger you are financially, the better.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Eppraisal

SEPTEMBER 8, 2023

This knowledge can help them provide a more accurate estimate of your home's value based on current market conditions. An agent can physically inspect your property An AVM can only estimate your home's value based on data such as square footage and number of bedrooms and bathrooms.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

Eppraisal

MAY 25, 2021

Advantages of a VA Home Loan According to mortgagereports.com, "the VA loan asks for no down payment, requires no mortgage insurance, and has lenient rules about qualifying, among other advantages." The VA home loan is a true "no money down" home loan opportunity. PMI protects lenders if homeowners default on their loans.

Sellers 36

Sellers Home Value Inspection Government 36

Eppraisal

NOVEMBER 12, 2021

Selling your home can be profitable in today's seller's market as home values have risen significantly this year. What's taken many sellers by surprise this year, however, is that some homes haven't been appraising due to these higher sales prices. That's why neither you nor your buyer is the appraiser's client.

Appraisal 36

Appraisal Real Estate Agent Real Estate Buyers 36

PennyMac

JANUARY 2, 2024

Keep in mind, though, that you can still potentially increase your home's equity even if you don't fully recoup the cost of certain improvements. Equity is the difference between your home's current market value and the amount you owe on your mortgage. Will You Stay — A Forever Home or Prepping for a Sale?

Home Improvement 36

Home Improvement Renovations Investing Inspection 36

Eppraisal

NOVEMBER 23, 2021

The real estate market is still hot and there are currently more buyers than homes available for sale. So far in this year's fall real estate market, home values continue to rise. Despite the super seller's market, appraisers are protecting the mortgage companies' interests.

Appraisal 36

Appraisal Real Estate Agent Real Estate Inspection 36

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. Step 3: Find a Real Estate Buyer’s Agent Who Knows REO Homes. Foreclosure. Step 4: Refine Your List of Lender-Owned Properties.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Raleigh Realty

FEBRUARY 19, 2022

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. Appraisals are for the benefit of the buyer too.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. Appraisals are for the benefit of the buyer too.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

Eppraisal

JULY 12, 2022

One important aspect of the home-buying process is earnest money. Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. As home values have been rising, so have earnest money amounts.

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

Appraisal Today

NOVEMBER 4, 2022

Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. value to property.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Buzz

JULY 18, 2022

The average 30-year fixed rate mortgage rate was its lowest ever at 2.65% on December 31, 2021. Fast-forward to today, and that same loan translates into a monthly payment of $1,468 – a 46% increase in monthly mortgage expense! Therefore, it begs the question: what will happen to home values?

Sellers 435

Sellers Marketing Market Value Home Value 435

PennyMac

OCTOBER 10, 2023

Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Eppraisal

APRIL 22, 2022

Congratulations on your new home! It is a great time to purchase a home, as home values are still rising. You can look forward to moving into your new home and making it your own. Now that you have closed on your new home, there are a few things you need to attend to right away.

Insurance 67

Insurance Home Value Inspection Government 67

AmeriMac

JUNE 6, 2022

As a homeowner, you may be asked to get a home appraisal for a variety of reasons. Maybe you’re refinancing your mortgage, or perhaps you’re selling your home. As a home seller, you will need to go through the process of home appraisal to secure a mortgage. What is a Home Appraisal?

Appraisal 36

Appraisal Renovations Buyers Lending 36

D Fritz Appraisals

MARCH 16, 2021

It takes the home itself, the neighbourhood and the available historical data into account to determine the most accurate valuation. If you want to refinance, sell, or buy, the appraisal provides mortgage lenders with straight facts so they can underwrite loans based on the purchase price or the appraisal (whichever is lower.)

Appraisal 126

Appraisal HOA Easement Valuation 126

Raleigh Realty

MARCH 26, 2022

What Is A Buyer's Agent? What is a Buyer's Agent in Real Estate and do I need one when buying a home? We have all that answered and more If you are wondering if you should use a Buyer's Agent the answer is easy, yes. At Raleigh Realty we have some of the best Buyer Agents and Realtors on our team.

Real Estate 148

Real Estate Buyers Agents Contracts 148

PennyMac

JUNE 28, 2022

When you’re ready to close on your new home, you’ll find there’s one more round of payments to make: closing costs. Getting a mortgage isn’t free, and closing on a house isn’t free. There are costs through this last phase of the process of buying your home. Closing costs can apply to both the buyer and seller.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Raleigh Realty

MARCH 29, 2021

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Remember that owning a home can help build your assets, though, and buying a home in the right location will set you up for future success. Many government loans set lower standards for credit scores.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Will Springer Realtor

MARCH 7, 2023

Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. For residential parcels, fair market value is generally determined by analyzing recent sales of comparable properties in the same area.

Property Taxes 36

Property Taxes Market Value Real Estate Government 36

Eppraisal

OCTOBER 5, 2022

Now that the real estate market is transitioning with softening sales and rising interest rates, it is important to be in the know as a home buyer. As a buyer in a transitioning market, you have more to prepare for. Premium Prices The housing market continues to display high, premium home prices.

Buyers 68

Buyers Real Estate Agent Marketing Sellers 68

Appraisal Today

APRIL 14, 2023

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” If our business revolves around mortgage lending, we are used to dealing with clients who have a certain level of sophistication.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Housing Wire

MAY 2, 2021

Using an AVM helps lenders quickly and accurately get an independent assessment of collateral value, which can streamline the home buying process for them and the borrower. Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle.

Valuation 353

Valuation Home Value Lending Technology 353

AmeriMac

JANUARY 30, 2024

What is a Reverse Mortgage Appraisal? A reverse mortgage appraisal is an evaluation of a property’s value to determine how much money can be borrowed through a reverse mortgage. The appraisal is important because it helps lenders assess the risk associated with the reverse mortgage loan.

Appraisal Process 36

Appraisal Process Mortgage Appraisal Appraisal Mortgage 36

Eppraisal

AUGUST 30, 2022

There is a lot of news in the media about the real estate market starting to cool down for sellers and balance out for buyers. If you are a buyer, you may be getting giddy about it. Here are a couple of strategies for buyers to follow in order to secure the houses they have been waiting for. Home values are still going up.

Real Estate 36

Real Estate Buyers Real Estate Agent Marketing 36

The Robert Weiler Company

OCTOBER 15, 2021

Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. Having a keen sense of these factors off the bat helps property or land buyers determine the predicted economic atmosphere within the coming years. Tip #4: Avoid fundamental mistakes.

Investing 138

Investing Real Estate Tenants Investors 138

Assurance Financial

SEPTEMBER 20, 2021

Whatever amount is left over after the down payment is paid must be paid off over time in the form of a mortgage. It’s important to note that any down payment under 20% normally requires mortgage insurance. Your down payment has a direct impact on your mortgage’s loan-to-value ratio (LTV) and private mortgage insurance.

Insurance 36

Insurance Mortgage Buyers Government 36