Realtor

AUGUST 7, 2019

Simply put, home appraisals are meant for the buyer’s lender more than any other party. If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. The final word?

Sellers 111

Sellers Appraisal Market Value Real Estate Agent 111

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.

Final Inspection 93

Final Inspection Inspection Appraisal Loan Officers 93

Quicken Loans

JUNE 3, 2021

You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. markets, but they’ve been steadily expanding.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

AmeriMac

MARCH 28, 2022

Before your mortgage loan is approved, you usually need to go through an appraisal and a home inspection. An appraisal tells you the market value of your property — while a home inspection tells you what might need to be repaired or replaced. In general, over-valuing a property is fine. What Is a Home Inspection?

Inspection 36

Inspection Appraisal Buyers Sellers 36

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?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Cleveland Appraisal Blog

AUGUST 11, 2022

In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. Buyers may walk away from the purchase.

Renovations 221

Renovations Buyers Appraisal Investing 221

Realtor

AUGUST 7, 2019

Simply put, home appraisals are meant for the buyer’s lender more than any other party. If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. The final word?

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

Cleveland Appraisal Blog

DECEMBER 2, 2021

If this is the norm for the neighborhood, the size of the driveway may not have any impact on value. It really depends on the neighborhood and what the typical buyer in that neighborhood is looking for. DOES THE MATERIAL THE DRIVEWAY IS MADE OF MAKE A DIFFERENCE IN VALUE? What about gravel or tar & chip driveways?

Appraisal 243

Appraisal Buyers Market Value Real Estate Agent 243

Appraisal Buzz

JULY 18, 2022

Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. Therefore, it begs the question: what will happen to home values? This might manifest itself with lower offers that are acceptable to the seller, but price isn’t the only aspect of a transaction.

Sellers 435

Sellers Marketing Market Value Home Value 435

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. Buyers Consultation Once you've identified an agent, set up a consultation.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

East Coast Appraisal

AUGUST 11, 2022

Home Appraisal Is Only Beneficial to the Buyer. Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. For the buyer, a home appraisal protects them from overpaying for a property.

Real Estate 52

Real Estate Appraisal Renovations Market Value 52

Listing Spark

DECEMBER 9, 2020

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees).

Sellers 69

Sellers HOA Insurance Contracts 69

Appraisal Hub

MAY 17, 2023

One day you’re optimistic because you met a seemingly committed buyer at the open house or showing, and the next day you’re frustrated because they changed their mind or didn’t follow through. Mistake #1: Over- or under-pricing If you price your home incorrectly, your home may become less attractive to potential buyers.

Inspection 78

Inspection Property Taxes Real Estate Agent Buyers 78

AmeriMac

DECEMBER 30, 2023

Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. We will also discuss what happens if an REO appraisal is low and how it impacts property value. Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Appraisal Hub

MARCH 19, 2023

How Can Buyers And Sellers Benefit From Appraisals? If you’re buying, a professional appraisal can show you the true value of the property you are interested in purchasing. For example, the report will reveal if you are paying too much for the home so that you can renegotiate with the seller. Appraisal Hub Inc.

Appraisal 78

Appraisal Property Appraisal Sellers Mortgage Appraisal 78

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! Sellers and buyers need to have a clear understanding of who can and will have access to the property in question.

Clients 87

Clients Real Estate Contracts Sellers 87

Glascock Company

DECEMBER 11, 2020

While there are plenty of benefits to both, there is one alternative that could flip the sale faster and without much stress on you as the seller. Auctions are one of the most expedient ways to sell real estate (both commercial and residential) while still allowing the seller to maintain total control over the transaction.

Sellers 78

Sellers Inspection Real Estate Buyers 78

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. Your offer will only become legally binding if the seller signs it.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Realtor

AUGUST 1, 2018

An FHA loan—which allows the buyer to put down as little as 3.5%—sounded This is a payment that’s usually required when the buyer isn’t putting 20% down. To be approved for the loan, the house must pass an inspection conducted by the U.S. sounded like a dream come true. Department of Housing and Urban Development.

Inspection 136

Inspection Insurance Buyers Renovations 136

Appraisal Hub

OCTOBER 12, 2021

A property appraisal is also known as real estate appraisal and it can help you learn your property’s real market value in Toronto. Sellers of residential and commercial properties set the sale price that is based on fair market value. For buying and selling property. For refinancing and home loans.

Property Appraisal 78

Property Appraisal Appraisal Market Value Real Estate 78

DataMaster

APRIL 6, 2021

An appraisal is an unbiased valuation of the fair market value of a home. An important key for buyers to keep in mind, appraisals are for the benefit of the lender, not just for the the buyer! If a buyer defaults on the loan, the lender wants to be able to recoup the cost of the home. What is an appraisal?

Appraisal 158

Appraisal Appraisal Process Buyers Legal 158

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.

Appraisal 75

Appraisal Buyers Real Estate Investing 75

McKissock

OCTOBER 13, 2020

Between the complexities of the real estate market and the changeable landscape of financing and property value, your clients likely have an abundance of questions regarding the sale of their home. We took a poll of some recent sellers and found the following questions to be the most frequent.

Clients 84

Clients Advertising Real Estate Market Value 84

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection.

Appraisal 90

Appraisal Inspection Appraisal Process Real Estate Agent 90

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.

Real Estate Agent 75

Real Estate Agent Real Estate Agents Appraisal 75

Birmingham Appraisal

JUNE 13, 2023

They cannot base their value opinions on anything other than their own analysis of the market data and their professional judgment. If you choose not to be at the property during the appraisal inspection let the appraiser know you are available to answer any questions they may have.

Real Estate Agent 77

Real Estate Agent Real Estate Agents Reconsideration of Value 77

Realtor

MARCH 7, 2023

The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. ” In some cases, experts advise it might be wise for a potential homebuyer to pay to have a home inspection done prior to the official appraisal.

Inspection 111

Inspection Appraisal Market Value Finance 111

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.”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Will Springer Realtor

FEBRUARY 1, 2022

Sellers have the option to review offers on their home upon receipt of the bid or in the future, better known as an “offer review date.”. 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.

Real Estate 36

Real Estate Sellers Buyers Legal 36

Realtor

AUGUST 1, 2018

An FHA loan—which allows the buyer to put down as little as 3.5%—sounded This is a payment that’s usually required when the buyer isn’t putting 20% down. To be approved for the loan, the house must pass an inspection conducted by the U.S. sounded like a dream come true. Department of Housing and Urban Development.

Inspection 78

Inspection Insurance Buyers Renovations 78

Zillow

SEPTEMBER 12, 2019

The spring market blooms right along with the flowers, but the fall market often dwindles with the leaves - and this slower pace could be good for buyers. If you’re in the market for a home, here are five reasons why fall can be a great time to buy. These sellers have fewer chances to capture buyers after Labor Day.

Sellers 67

Sellers Buyers Open Houses Inspection 67

DataMaster

APRIL 6, 2021

An appraisal is an unbiased valuation of the fair market value of a home. An important key for buyers to keep in mind, appraisals are for the benefit of the lender, not just for the the buyer! If a buyer defaults on the loan, the lender wants to be able to recoup the cost of the home. What is an appraisal?

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

An appraisal is an unbiased valuation of the fair market value of a home. An important key for buyers to keep in mind, appraisals are for the benefit of the lender, not just for the the buyer! If a buyer defaults on the loan, the lender wants to be able to recoup the cost of the home. What is an appraisal?

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

Appraisal Hub

JANUARY 11, 2021

Property appraisal services are meant to determine a commercial property’s market value. Think of the property appraiser as a ‘property detective’ who gathers and analyzes statistics, facts, and other crucial information about the property to form opinions on its value. It’s not the same as a property inspection.

Real Estate 78

Real Estate Appraisal Property Appraisal Inspection 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.

Agents 86

Agents Appraisal Real Estate Agent Bracketing 86

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. A home appraisal determines the fair market value of a home. The first is that the seller accepts your terms, no strings attached. What is a Home Appraisal?

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Assurance Financial

APRIL 29, 2021

Earnest money is a portion of the sale price of the home that a buyer pays upfront, after the seller accepts their offer. The deposit shows that a buyer is serious and allows the seller to take the home off the market. If the buyer backs out of the sale, the seller gets to keep the earnest money.

Mortgage 69

Mortgage Insurance Sellers Inspection 69