Remove Construction Remove Contracts Remove Easement Remove Lending
article thumbnail

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

Raleigh Realty

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

article thumbnail

FHA: Cosmetic vs. MPR Repairs

Appraisal Today

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Owners with conservation easements can claim an income tax deduction. Conservation easement appraisals are a definite risk for appraisers. They are not easy to do. We all know this is true.

article thumbnail

11 Land Buying Tips: How to Buy Land

Raleigh Realty

It will help you learn if there are any easements or restrictions on the land that you need to know about. It will be negotiated in the contract who pays for what in terms of the closing costs, and a skilled real estate agent will help you navigate this. This is a detailed construction plan for your building.