Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.” So how can real estate agents be so cavalier about their job?

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Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective. An agent who specializes in buyers, or an Accredited Buyers Representative (ABR) may be most appropriate for your transaction.

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D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. What is a Home Appraisal and Why is it Important?

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McKissock

JULY 6, 2022

In fact, most clients now believe a buyer should be able to identify one of three home options, negotiate a favorable sales price, and close on that property in half an hour just like they do on TV! Customize your presentation to fit the concerns you most often encounter with your clients. As agents, we know better.

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Birmingham Appraisal

AUGUST 8, 2023

Set the price too high, and you risk scaring away potential buyers. Set it too low, and you may lose out on the true value of your property. A pre-listing appraisal performed by a professional appraiser can provide you with an unbiased and accurate assessment of your home’s market value.

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Appraisal Buyers Real Estate Investing 78

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. Secure a Mortgage Present your home purchase agreement with your chosen lender and submit the other requirements for review. Earnest money can be refundable if you structure your bid correctly.

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Real Estate Agent Sellers Inspection Real Estate 69

McKissock

JANUARY 31, 2023

.” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” Appraisers do not assign value “Appraisers do not dictate a home’s value, the market does.” ” “That we research value, we do not assign it.”

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Appraisal Hub

AUGUST 21, 2020

The result of a home appraisal is a comprehensive report detailing the appraiser’s visual inspection and other factors, such as current market trends, the home’s features, and the recent sales of other luxury homes. That report should help you understand your Toronto home’s appraisal value.

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Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Recent Comparable Sales: Appraisers analyze recent sales data of comparable properties in the area to provide a market-derived opinion of value.

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Realvals

JUNE 18, 2023

And third, to prove your property’s worth to potential buyers. They will also analyze local market trends, recent comparable sales, and any unique features your property might have. Armed with this information, you’ll be able to set a competitive price that will attract buyers and maximize the sale.

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Appraisal Property Taxes Real Estate Market Value 145

Eppraisal

SEPTEMBER 8, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide a precise estimate of the property's true market value. "Consumer They will provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

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Will Springer Realtor

FEBRUARY 1, 2022

In a hot sellers’ market, establishing a date to examine bids – especially on a popular home in a desired neighborhood – is a common strategy and one that can generate a frenzy among buyers. The seller sets the time when all offers are due, typically 4-7 days after a listing hits the market. Why does this happen?

Real Estate 36

Real Estate Sellers Buyers Legal 36

AmeriMac

JANUARY 28, 2021

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation. It entails; 1.

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Appraisal Inspection Market Value Buyers 36

AmeriMac

JANUARY 28, 2021

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation. It entails; 1.

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Appraisal Inspection Market Value Buyers 36

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. You might have to place an offer or bid before viewing or inspecting the home. An agent may also help you find foreclosed properties that other buyers might miss.

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Real Estate Agent Inspection Government Real Estate 72

Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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Appraisal Appraisal Process Renovations Market Value 82

Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. Whenever an appraisal waiver is used a traditional appraisal is not utilized to determine the market value of the assets the bank will be lending on.

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Realtors Appraisal Market Value Real Estate Agent 80

Genworth MI Blog

JUNE 27, 2019

Since appraisers are imperfect and operating in markets with imperfections, it is appropriate for mortgage lenders to ask legitimate questions of the appraiser and present additional appropriate information for the appraiser’s consideration, when needed. Market value has some key elements that we must understand.

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Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

Since appraisers are imperfect and operating in markets with imperfections, it is appropriate for mortgage lenders to ask legitimate questions of the appraiser and present additional appropriate information for the appraiser’s consideration, when needed. Market value has some key elements that we must understand.

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Appraisal Tips Appraisal Law Market Value 78

Birmingham Appraisal

FEBRUARY 20, 2024

Understanding the Role of the Real Estate Appraiser When a home buyer finds a home they would like to purchase and have the need to obtain financing they will work with a lender. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.

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AmeriMac

AUGUST 10, 2022

When you are selling your home, a home appraisal is a process that will determine your home’s fair market value. This makes sure that the home’s buyer is going to pay a fair price for it. It’s much different from an in-depth home inspection that is done to find any small defects in the property.

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Appraisal Inspection Real Estate Buyers 36

The Robert Weiler Company

MAY 18, 2022

Though, keep in mind that commercial real estate doesn’t always sell at market value. What a great selling point to a potential buyer! That said, prospective industrial real estate buyers prefer that the property be usable immediately. But you can estimate your ROI based on comparable property sales.

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Real Estate Tenants Retail Investing 148

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. Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser.

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Appraisal Appraisal Process Real Estate Renovations 36

AmeriMac

JANUARY 28, 2021

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation. It entails; 1.

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Appraisal Inspection Market Value Buyers 28

AmeriMac

APRIL 30, 2024

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.

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Appraisal Appraisal Process Valuation Real Estate 36

AmeriMac

JANUARY 17, 2022

At its core, a home appraisal is a process wherein a trained, licensed professional will come to a home and make a determination of its fair market value. They’ll physically inspect the property and look at a wide range of different characteristics. What Is an Appraisal?

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Appraisal Inspection Market Value Training 36

Lamacchia Realty

AUGUST 12, 2021

Fixer-uppers tend to be popular among real estate investors as well as first-time homebuyers as they present an opportunity to buy below market value. By making updates, the buyer is able to meet or exceed current market standards and build equity in their property faster.

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Renovations Finance Inspection Buyers 69

PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

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Appraisal Real Estate Agent Renovations Home Value 69

Appraisal Today

OCTOBER 20, 2023

The inspection was uneventful. I was given a lockbox combination and inspected the vacant home. The lender may also contact the In-Plant Primary Inspection Agency or the manufacturer for the HUD Data Plate information. This approximately 900sf, 1.5 story, 2-bed, 1-bath cabin was situated on a critically sloped 2.5

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Listing Spark

OCTOBER 18, 2021

However, this convenience comes at a cost with Opendoor’s take-it-or-leave-it offers often being close to, but ultimately below fair market value. Within 24 to 48 hours Opendoor will either notify the seller that their home doesn’t qualify for an offer, or they will present their purchase offer. Steer clear 100%.

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Sellers Inspection Real Estate Agents 36

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Marketing Strategies. Buyer Expectations.

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Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. 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.” Diversify!!

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Appraisal Bracketing Contracts Valuation 52

Clear Capital

SEPTEMBER 29, 2021

” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. And then he actually gets a voicemail from a potential buyer asking him to call him back. And the buyers like, “I would like to buy this house full asking price.” Watch ClearCast E19.

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Sellers Agents Real Estate Buyers 69

Appraisal Today

JUNE 17, 2022

The number of potential buyers will decrease as rates go up in many markets. No inspections or appraisals? TRACK AND GRAPH THE NUMBER OF LISTINGS VS. PENDINGS AND EXPIREDS, DAYS ON THE MARKET, PRICE CHANGES, ETC. . Today is NOT the same as 2008+, with its massive fraudulent loans made to unqualified buyers.

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Appraisal Contracts Real Estate Mortgage 52