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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

That’s because the unpaid loan balance continues to grow for delinquent mortgages due to unpaid interest, property taxes and insurance. While the average value of the 80,000 properties analyzed increased 3% between the first and last scheduled foreclosure auction date, the average unpaid loan balance increased by 6 percent.

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Why You Should Hire Professionals to Measure Your Home

Cleveland Appraisal Blog

They could verify if the area claimed for the county is accurate If you believe that the square footage they have on file for your home does not match the home’s actual size, you can check whether you are paying an excessive amount in property taxes. Basements are typically considered unfinished.

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The Appraiser’s Guide to Evaluating Home Value Before You Buy

Birmingham Appraisal

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Key Factors For Buyers to Consider 1. Whether it’s a buyer’s or seller’s market can greatly influence home prices and property values.

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Managing Your Client’s Expectations to Avoid Home Buyer’s Remorse

McKissock

Unfortunately, as many as 70% of home buyers report having at least one regret about their experiences and decisions during the home buying process. Popular markets in states such as Phoenix and California reportedly have higher rates of buyer’s remorse. . Common Sources of Home Buyer’s Remorse.

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Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

Often personal ideas of value are different than market value because the value is in the eyes of the beholder, which does not account for the entire market of potential buyers. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

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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Why Do Home Appraisals Cost so Much?

AmeriMac

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. An appraisal is a vital component of the home buying process and is necessary for the lender and buyer. A home appraisal refers to a certified appraiser’s analysis of a home’s worth.