Eppraisal

OCTOBER 26, 2021

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. When a house comes on the market, buyers flock to it. Buyers are pulling many different strings in order for their offers to be accepted including offering sellers significantly above list prices.

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Inspection Buyers Real Estate Agent Contracts 69

Housing Wire

APRIL 13, 2021

“If they get a higher offer that has financing, then when appraisal comes back, the buyer is going to renegotiate the sales price to be closer to appraised value.”. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. Either way, it puts the squeeze on property valuation.

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Housing Market Buyers Marketing Real Estate Agent 534

Housing Wire

OCTOBER 5, 2021

This is slightly higher than the number of buyers who reported purchasing a home without a mortgage (68%). This discrepancy suggests that buyers who need financing can still compete with cash offers, as long as their offer is appealing in other ways.

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Sellers Inspection Buyers Finance 545

Will Springer Realtor

JANUARY 30, 2024

A home inspection is like a test drive for real estate. It allows the buyer to “drive” in and around the property, checking for any issues, quirks or potential maintenance needs. Despite this advice, a significant group of buyers forgo the inspection. You wouldn’t do that, right? It’s a smart thing to do.

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Inspection Buyers Real Estate Realtors 49

Lamacchia Realty

MARCH 9, 2022

WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION. A common issue that many sellers are not prepared to deal with is a buyer requesting repairs after the inspection. Why Do Buyers Request Repairs? Before someone purchases a home, a home inspection is typically done. Negotiating Repairs.

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Inspection Buyers Sellers Real Estate Agent 61

McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

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Inspection Appraisal Construction Clients 105

Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? If the second appraisal comes back higher, buyers and sellers may feel more comfortable meeting in the middle. Not necessarily.

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Real Estate Appraisal Agents Inspection 447

Inman

OCTOBER 13, 2023

Qwik Fix gives sellers the ability to quickly respond to the most needed repairs and buyers the chance to consider what’s really important for them to have ready before move-in.

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Inspection Sellers Buyers Technology 161

National Association of Realtors

JANUARY 24, 2022

The fraction of buyers who are waiving appraisal and inspection contract contingencies has been trending downwards in recent months, with REALTORS® saying that 19% of buyers waived the inspection contingency in December 2021, down from 27% in July, and 21% waived the appraisal contingency, down from 29% in June.

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Inspection Contracts Realtors Buyers 81

Genworth MI Blog

AUGUST 31, 2022

With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer. Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider.

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Inspection Appraisal Marketing Appraisal Process 78

Mashvisor

AUGUST 28, 2021

Investors need to hire an inspector to conduct a general house inspection before purchasing an income property. This usually involves looking at the house’s structure as well as looking for…

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Inspection Buyers Investors Investing 74

Housing Wire

DECEMBER 8, 2023

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? How you conduct yourself and how you present to each buyer prospect should not vary by situation. Top 10 ways to get homebuyers to work with you 1.

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Clients Real Estate Inspection Buyers 400

Hank Miller Team

OCTOBER 4, 2022

As we get back to a normal real estate market, contingencies that buyers waived during the covid crazy months will return. Due diligence periods are back and with them, the main contingencies of appraisal, finance, and inspection. The Imperfect Home Inspection No home is perfect, ever. Every buyer wants the perfect home.

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Inspection Buyers Sellers Design 52

Genworth MI Blog

FEBRUARY 18, 2021

The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower. To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Tips for an On-Site Appraisal Inspection.

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Inspection Appraisal Real Estate Loan Officers 148

East Coast Appraisal

MAY 24, 2023

While trying to buy a home, you may have found out that some lenders require their borrowers to have an appraisal and/or an inspection completed. Some lenders may only require an appraisal and leave the decision about an inspection up to you. During an appraisal, the buyer or seller doesn't need to be present.

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Inspection Appraisal Sellers Buyers 52

Housing Wire

FEBRUARY 26, 2024

In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs. On the demand side, buyers are wary of purchasing a condo since it has become less affordable. It’s causing buyers to rethink their plans.”

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HOA Law Insurance New Listings 472

D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. home appraisal – an often mandatory step the buyer’s lender insists on.

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Inspection Appraisal Real Estate Property Appraisal 95

Kairos Appraisal Services

NOVEMBER 8, 2023

When selling your home or buying a house, the appraisal and inspection are critical steps in the process. However, there are key differences between a home appraisal and a home inspection. Is a Home Inspection the… The post Home Appraisal vs. Home Inspection: How They Differ appeared first on Kairos.

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Inspection Appraisal Appraisal Process Sellers 59

Housing Wire

MARCH 22, 2021

Interestingly, Redfin data showed waiving the inspection contingency and conducting a pre-inspection – meaning the buyer conducted an inspection before making an offer – had no significant impact on whether a prospective buyer wins a bidding war.

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Inspection Inventory Buyers Sellers 544

Will Springer Realtor

MARCH 1, 2022

A home inspection is almost always the best route to take before purchasing a property. In a competitive market, however, buyers recognize that submitting an offer with a request to conduct a traditional inspection can hurt their chances of winning a bidding war. Request an ‘information’ inspection with the offer.

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Inspection Buyers Sellers Real Estate 36

Housing Wire

APRIL 2, 2024

Through NAF Cash, the lender purchases the buyer’s chosen home upfront with cash while the buyer can rent the new home while working on selling the old home or securing financing on the new one. Chicago, I think, is suffering more than most markets in the United States.

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Loan Officers Retail Finance Buyers 359

Housing Wire

MARCH 31, 2021

’ And if I don’t find a buyer immediately when I list a property, I’m getting plenty of people making offers without even looking at the price or even doing an inspection.” ” The post Buyers flock to Bay City, Michigan for ultra-low home prices appeared first on HousingWire.

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Buyers Investors Realtors Agents 397

Lamacchia Realty

JANUARY 20, 2022

THERE IS NO PASS OR FAIL WITH HOME INSPECTIONS. A home inspection is an important part in the home buying process, however a common misconception is that it is a pass or fail type of inspection. What is a Home Inspection? After an inspection, it is important for a buyer to not get caught up in the “little things”.

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Inspection Buyers Sellers Realty 63

Kairos Appraisal Services

AUGUST 1, 2022

When selling your home or refinancing your mortgage, the home appraisal inspection is a crucial step in the process. Most home buyer offers are contingent on a mortgage lender approving their loan to purchase the home. But if the… The post Preparing for a Home Appraisal Inspection appeared first on Kairos.

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Inspection Appraisal Buyers Mortgage 52

Eppraisal

DECEMBER 2, 2022

While in the process of purchasing a home, you are going to want to have a home inspection performed. Contracts to purchase homes have clauses in them that allow buyers to have a professional inspection performed, typically within the first five to ten days of signing the contract. Ladders are convenient for heights.

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Inspection Technology Tools Home Value 69

Realtor

NOVEMBER 7, 2023

If you’re a first-time home buyer , you might get a little queasy when the last line of your good-faith estimate comes in at several thousand dollars. Costs of buying a home #4: Inspection You want to be assured your new home is structurally sound and free of surprises such as leaks or pests living in the walls.

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Inspection Insurance Sellers Buyers 196

Hank Miller Team

NOVEMBER 22, 2022

There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. In most cases, if a home buyer is getting a mortgage, an appraisal will be completed. The appraiser represents the interests of the home buyer's lender.

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Inspection Appraisal Buyers Sellers 52

Housing Wire

JANUARY 10, 2024

Buyers make their decision on a home in two places: first, from the street, based on curb appeal, and second, in the foyer as soon as they enter the home. Remember, you’ll have an agent, one or two buyer clients and maybe their kids walking in for the showing. This could kill the deal even if the potential buyer loves the home.

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Sellers Inspection Agents Clients 361

Housing Wire

FEBRUARY 21, 2024

Curbio , a provider of pre-sale home improvement services that requires payment at closing, will provide its “Build Your Own Estimate” mobile app to NAR members, which offers free repair estimates for home inspections upon the upload of a PDF document.

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Home Improvement Realtors Real Estate Agent Inspection 385

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well. This way, you will have fewer negotiations with your buyer.

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Inspection Sellers Buyers Advertising 68

Eppraisal

AUGUST 29, 2023

One of the critical steps in this process is the home inspection, which unveils the true condition of the property. We'll explore the nuances of home inspections, including when they take place, who pays for them, and their relevance in different market conditions. When Does the Inspection Take Place and Who Foots the Bill?

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Inspection Sellers Buyers Real Estate 36

Town & Country Residential Appraisals

JULY 18, 2022

Inspection: careful examination or scrutiny Observation: the action or process of observing something carefully in order to gain information While the definitions are close, inspection seems to indicate a more detailed way of looking at something just by the words “examination” and ”scrutiny”.

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Inspection Law Appraisal Insurance 45

Riverfront Appraisals

JANUARY 18, 2021

Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. We’ll briefly look at what a final inspection […]. The post The Loan Officer’s Guide to Appraisals, Part 1: The Final Inspection appeared first on Riverfront Appraisals.

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Final Inspection Inspection Appraisal Loan Officers 93

CP Home Appraisals

AUGUST 27, 2018

Isn’t a home inspection similar to a home appraisal? Not at all – an appraisal differs from a house inspection. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does. Do I need a home inspection as well?

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Inspection Appraisal Property Inspector Real Estate 78

Genworth MI Blog

FEBRUARY 18, 2021

The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower. To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Tips for an On-Site Appraisal Inspection.

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Inspection Appraisal Real Estate Loan Officers 78

Housing Wire

OCTOBER 27, 2020

In today’s hot market, buyers are doing all they can to stand out. Some are waiving inspection contingencies, while others are avoiding repair requests, opting to handle home repairs, fixes and upgrades as needed later on. Are you thinking of skipping inspections or repair requests and handling any minor home repairs yourself?

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Inspection Renovations Buyers Housing Market 432

Housing Wire

OCTOBER 10, 2023

Many sellers have returned to offering concessions and dropping prices to entice buyers. They are a focal point for potential homebuyers , so updating a kitchen before selling can result in increased buyer interest and a high ROI for sellers. We’ve all witnessed the housing market slowdown that has occurred over the last year.

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Home Improvement Real Estate Agent Sellers Real Estate 454