Realtor

FEBRUARY 11, 2021

“Closing costs are used to pay for items such as appraisals, inspections, and much more. Watch: Buyers Should Know These Factors That Drive Up a Home’s Price. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership.

Property Taxes 78

Property Taxes Inspection Landlords Renovations 78

Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate.

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Real Estate Real Estate Agent Contracts Inspection 148

Zillow

JULY 15, 2019

American Society of Home Inspectors (ASHI) : A not-for-profit professional association that sets and promotes standards for property inspections and provides educational opportunities to its members. Buyers market : Market conditions that exist when homes for sale outnumber buyers.

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Real Estate Agent Insurance Inspection Buyers 56

PennyMac

JUNE 28, 2022

At the most basic level, your closing costs are any costs or fees that go over the price for the property you’re purchasing. More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. Closing costs can apply to both the buyer and seller.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Assurance Financial

APRIL 29, 2021

The assessed value of your home is how much it is worth in the eyes of the tax agency in your municipality. The assessed value is used to calculate your property taxes. Earnest money is a portion of the sale price of the home that a buyer pays upfront, after the seller accepts their offer. Home Inspection.

Mortgage 69

Mortgage Insurance Sellers Inspection 69

Movoto

JANUARY 31, 2022

A home closing—also known as the settlement—refers to the date when a property’s title and deed are transferred to the buyer, officially making them the new owner. The closing process typically involves a number of different parties: You: The buyer. Understanding the basics of home closing. The bank: Your mortgage lender.

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Real Estate Agent Sellers Insurance Buyers 36

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is this add-on a fair addition to the fundamental, intrinsic value a buyer gets?

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Appraisal Inspection Modernization Business 70

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. A buyer gets a seller’s disclosure statement for that information. Most of the inspection training we receive as appraisers happens in the field. The guy I followed around on appraisal inspections didn’t really take the time to explain what he was doing.

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Appraisal Training Inspection Real Estate 87

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. A land contract, also known as a land installment contract, is an executory financing agreement between a seller and a buyer. The agreement is solely between the buyer and the seller, and there is no bank or lender involved. Obligation to buy.

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Contracts Tenants Legal Sellers 143

PennyMac

APRIL 18, 2022

Buyer builds equity in the home. Mortgage interest and property taxes may be tax deductible. Property taxes and HOA fees are the buyer’s responsibility. Buyer has full control over home improvements and upgrades. Buyer has full control over home improvements and upgrades.

Landlords 36

Landlords Property Taxes HOA Insurance 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. Your gross income is the income before taxes. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance.

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Government Real Estate Agent Insurance Property Taxes 148

Quicken Loans

JUNE 8, 2021

Buyers can purchase a home quickly (and often for a low price) at an auction. One example is that an auction typically requires buyers to have cash on hand. There are also plenty of risks: A home you buy at an auction might have a lien on its title from a government agency, especially if the former owners stopped paying property taxes.

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Real Estate Agent Inspection Government Real Estate 72

Quicken Loans

APRIL 12, 2021

That’s why many home buyers turn to foreclosed homes in hopes of getting more space in a better area and with a much lower price tag. During that time, more than five million homes went into foreclosure and home buyers could often purchase them at more than half off the original price in many areas across the U.S.

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Inspection Property Taxes Mortgage Investors 54

McKissock

FEBRUARY 21, 2021

The legal issues or responsibilities, on the other hand, might involve situations where the property is co-inherited, for example, among siblings, and working together to find a common resolution becomes a nightmare. Tax liabilities: This can include federal estate taxes and property taxes. Rent out the property.

Real Estate Agent 56

Real Estate Agent Property Taxes Real Estate Legal 56

Raleigh Realty

AUGUST 20, 2022

Hidden Costs when Purchasing a Home There are hidden costs when buying a home, including closing costs, insurance, or utility costs. When many buyers consider the cost of purchasing a home, the mortgage payment is typically the expense that immediately comes to mind. This is one thing many buyers don't realize.

Property Taxes 78

Property Taxes Real Estate Agent Insurance Real Estate 78

AmeriMac

APRIL 15, 2024

A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. Some lenders, such as Fannie Mae, even allow for a property inspection waiver (PIW) in certain cases, making the appraisal process even quicker.

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Appraisal Appraisal Process Real Estate Renovations 36

Zillow

MARCH 16, 2015

Total monthly cost of your existing home, plus the total monthly cost of the lake house (including principal, interest, taxes and insurance for both homes). One such cost is flood insurance, which is an additional insurance fee on top of your normal homeowners insurance.

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Real Estate Agent Insurance Property Taxes Real Estate 36

Realvals

JUNE 18, 2023

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Estate planning, property tax appeals, divorces, and gifting, are some of the many others. And third, to prove your property’s worth to potential buyers.

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Appraisal Property Taxes Real Estate Market Value 145

Zillow

JUNE 1, 2018

In destination areas, real estate agent commissions can be higher and can also be seller- or buyer-paid, depending on the area. For example, the town of Sonoma doesn’t allow short-term rentals for vacation homes, but other towns in Sonoma County do. Only a local expert can advise properly.

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Real Estate Agent Real Estate Investing Property Taxes 36

The Robert Weiler Company

OCTOBER 21, 2022

Properties may include apartment buildings and condominiums, office buildings, shopping centers, industrial sites, and land for sale. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.

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Real Estate Appraisal Property Appraisal Valuation 60

Raleigh Realty

MAY 3, 2021

First-time home buyers have many advantages available to them when it comes to first-time home buyer mortgage programs. And for one more benefit, you can deduct your property taxes. Conventional loans are insured by private lenders. Unconventional loans are insured by the federal government.

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Real Estate Agent Real Estate Insurance Inspection 78

PennyMac

JANUARY 3, 2024

With a VA loan, there are: No down payment on home purchase loans* Lower closing cost limits Lower interest rates Relaxed credit requirements No monthly mortgage insurance premiums Already have a VA loan for your first home? For example, in a buyer's market, homes tend to remain listed for longer and may sell at a lower price.

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Real Estate Agent Buyers Real Estate Mortgage 36

Listing Spark

JULY 5, 2023

When you’re in the property for the long term, you want a solid home inspection from a licensed inspector you can trust. During the option period (generally about five days), your buyer will have the property inspected and may try to negotiate down the price or request repairs based on what they find.

Investing 36

Investing Real Estate HOA Sellers 36

McKissock

FEBRUARY 25, 2022

” “I try to analyze the property not only as an appraiser, but from the perspective of the owner/buyer and the lender/investor, giving me a broader perspective and hopefully resulting in a more credible valuation…The valuation process isn’t perfect, but it’s the best we have. .”

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Real Estate Appraisal Easement Inspection 78

Assurance Financial

APRIL 29, 2021

If the house doesn’t pass inspection or the sale doesn’t go through due to an allowable contingency, the buyer gets the EMD back. But if the buyer cancels the sale or backs out for another reason, the seller gets to keep the EMD. FAIR (Fair Access to Insurance Requirement). Click here to download the file.

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Mortgage HOA Insurance Real Estate Agent 74