Raleigh Realty

AUGUST 17, 2021

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?

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Real Estate Real Estate Agent Contracts Inspection 148

GoForrmz

AUGUST 14, 2023

Here are the top five ways users are leveraging the digital Signature form field today: Field Reports (construction daily reports, job site updates, etc.) Popular Digital Signature Use Cases Digital signatures are a great method of capturing clear, legible authorizations in a quick and efficient manner.

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Legal Contracts Law Inspection 128

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. = USPAP does not require use of the specific term “personal inspection”. Answer: No.

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Appraisal Inspection Modernization Business 69

Zillow

JANUARY 23, 2018

Buying new construction seems simple, right? No sellers to deal with, no unexpected repairs that come up during inspection, no drawn-out negotiations. Having your own agent provides a sense of security," says Seattle-area homeowner Kristy Weaver, who has bought two new construction homes from two different builders. "It

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Construction Agents Buyers Real Estate Agent 36

McKissock

JULY 26, 2022

Constructing a real estate offer is an art. In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Timeliness and types of inspections. Finally under contract. Inspections. Making an offer.

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Real Estate Counter Offer Buyers Inspection 81

Housing Wire

MARCH 2, 2022

Without effective and properly enforced regulations — including peer-reviewed engineering and licensed inspections — we risk catastrophes like the Champlain Towers collapse. Philadelphia recently offered developers a 10-year tax abatement for new construction. Of course, regulations perform an essential civic function.

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Development Real Estate Design Local Properties 366

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.” ” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical. .” Educate yourselves on construction details and styles of homes.

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Real Estate Agent Real Estate Agents Appraisal 97

Eppraisal

DECEMBER 5, 2023

You also have a say in every architectural choice, from the floor plans to the materials builders will use in construction. Generally, the process includes a preliminary phase — which involves signing contracts for the architectural design and site plans — and pre-construction, where the project gets approval.

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Architecture Construction Inspection Design 36

Hank Miller Team

DECEMBER 1, 2021

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. But unless the buyer and agent have a working knowledge of construction and a level of experience that allows them to spot signs of trouble, the buyer may be walking off a cliff.

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Inspection Buyers Real Estate Sellers 52

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. The home appraisal is something you can negotiate prior to going under contract as well, or even while under contract. It's one of the final steps after going under contract.

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Appraisal Process Appraisal Construction Sellers 139

Birmingham Appraisal

SEPTEMBER 15, 2022

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Home inspections are normally regulated by the state. in addition to taking pictures.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. 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. Inspection training was very good. Read the full report. Very interesting.

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Appraisal Training Inspection Real Estate 86

Eppraisal

OCTOBER 20, 2023

To prevent plumbing problems, hire a licensed plumber with a strong track record to inspect your existing system before starting the project. Inspect for water seepage — a common issue in older homes where water can infiltrate from the roof, walls and leaky plumbing lines.

Renovations 36

Renovations Supply Chain Inspection Modernization 36

McKissock

JANUARY 6, 2023

An assessor may contract with an independent fee appraiser to help identify property characteristics, measure properties, confirm the building’s condition and quality of construction, or review assessment disputes from taxpayers. These may be full-time jobs or contracted services.

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Appraisal Training Lending Land Management 74

Boston Appraisal

DECEMBER 11, 2023

If the property is a new construction building, the appraiser may use the Cost Approach , which estimates the value of a property based on the cost of replacing it with a similar one. You can also point out any unique or relevant features of the property, such as a view, a pool, a fireplace, or a solar panel system.

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Appraisal Process Real Estate Appraisal Easement 78

CA Realty Training

SEPTEMBER 6, 2021

We will discuss the three contingencies that you’ll see, which are appraisal, inspection, and loan. So, the buyer will pay for an appraiser to inspect and write a report on the home’s value. What is an Inspection Contingency? A general inspection contingency is to understand the home’s structural integrity.

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Real Estate Agents Inspection Real Estate Agent 56

Appraisal Today

JANUARY 5, 2024

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Added Kan, “The housing market has been hampered by a limited supply of homes for sale, but the recent strength in new residential construction will continue to help ease inventory shortages in the months (to) come.” percent of total applications from 39.4

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Appraisal Contracts Legal Business 74

Appraisal Today

AUGUST 18, 2023

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. This was the same process many of us underwent with the exterior-only (drive-by) inspections. percent from 7.09

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Appraisal Contracts Inspection Real Estate 74

The Robert Weiler Company

SEPTEMBER 9, 2022

Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. With a land contract, the seller provides the land buyer with the loan, instead of an institution. Floor Space Index or FSI (Amount of Construction Allowed on the Land). Property Lines. Title Deed.

Real Estate 78

Real Estate Buyers Contracts Development 78

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. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.36

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Appraisal Design Contracts Inspection 71

Appraisal Today

NOVEMBER 4, 2022

Our office updates AMCs on every scheduling attempt with details, every inspection appointment set and completion, and any materials needed ASAP in the assignment. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. Property inspection date. Effective date.

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Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. No inspections or appraisals? USPAP and the Contract. Excerpt: But USPAP and the contract have a very unique relationship. My Comments on Market Changes.

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Appraisal Contracts Real Estate Mortgage 52

The Robert Weiler Company

APRIL 5, 2023

Almost one-third of new warehouse space for lease is snatched up before the construction project is complete. Renters are outpacing the construction of industrial units and warehouses. office, inspection station, docking)? Industrial real estate investors and developers can’t add new properties to the market fast enough.

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Landlords Tenants Logistics Real Estate 144

The Robert Weiler Company

NOVEMBER 9, 2022

Once you have finalized your Columbus, Ohio property search with a property you’re interested in, there are key areas to inspect; look for damp spots and mold, and check out the woodwork, roofing, ceilings, doors, windows, cupboards, electric, plumbing, and heating. billion of new commercial real estate construction contracts in 2021.

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Transportation Real Estate Supply Chain Investing 78

Appraisal Today

SEPTEMBER 30, 2022

As it turns out, both the appraiser and the home inspector had each independently inspected the home 18 months prior and both mistakenly reported a few of the smoke alarms present at the home, as CO detectors. I request any reports, such as termite or home inspection, even old reports, but rarely get them. I never use the terms.

Appraisal 52

Appraisal Inspection Easement Contracts 52

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. To read more, Click Here To see the listing with 40 photos Click Here = Can a New Construction Sale be Used as a Comp for an Older Home? baths, 14,450 sq.ft.,

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Appraisal Construction Contracts Architecture 76

Lifestyle Properties of Maine

AUGUST 6, 2019

What if the home doesn’t appraise for the contract value? Some people confuse a real estate appraisal with a home inspection. An inspection an investigation of a home by a licensed inspector. Following the accepted contract is the period for completing due diligence this could include inspections, securing financing, etc.

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Real Estate Appraisal Inspection Contracts 28

Genworth MI Blog

JUNE 27, 2019

Withholding or threatening to withhold timely payment for an appraisal report or appraisal services rendered when the appraisal report or services are provided in accordance with the contract between the parties. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer.

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Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

Withholding or threatening to withhold timely payment for an appraisal report or appraisal services rendered when the appraisal report or services are provided in accordance with the contract between the parties. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer.

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Appraisal Tips Appraisal Law Market Value 78

Property Metrics

AUGUST 13, 2020

If corporations suddenly start allowing a large percentage of workers to engage in remote working contracts, the market demand for office space will dramatically decrease from previous forecasts. Construction Risk. Any time a property undergoes construction, there is an additional source of risk to the property owner.

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Real Estate Tenants Investing Construction 53

Appraisal Today

OCTOBER 7, 2022

. “Owning this house is a bit like being a celebrity in very weird, eclectic circles,” he said in a recent interview, noting how architecture students would regularly visit to study the home’s sculptural construction. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.60

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Appraisal Contracts Architecture Housing Market 52

Housing Wire

JUNE 21, 2021

You set your appointments the night before, and when you get there that morning, they might already be under contract.” Generally, they go under contract in a day or two.” . “I never know how my day is going to go, because when a new listing comes on the market in Knoxville, the race is on.

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Housing Market Marketing Realtors Inventory 432

AmeriMac

OCTOBER 5, 2022

The appraiser who inspects the home can let you, the property owner, and the lender know exactly what it’s worth. Another factor is the condition of the construction of the home and its special features and amenities. There is a ratio of loan-to-value that is agreed on in the loan contract. Your Loan-to-Value Ratio.

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Appraisal Mortgage Market Value Sellers 36

Patch of Land

JANUARY 22, 2020

Jason Lambert, NARI: Pay attention to building codes and best practices even if you’re not pulling a permit or having the project inspected. Renewal Construction: Where there is a bathroom there is water and if that water makes its way below tile flooring and showers, it can cause a lot of damage (and cost a lot of extra money)!

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Construction Design Training Renovations 39

Hood Homes Blog

SEPTEMBER 23, 2019

Each of these models offers different benefits and drawbacks for new construction homebuyers to consider. They also generally build homes whether they have buyers yet or not, meaning they may have some completed construction vacant, for sale, and ready to move in. Their affiliated lender may not always be the best choice for you.

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Construction Buyers Business Agents 61

Appraisal Today

APRIL 14, 2023

These types of clauses are now incredibly common amongst the construction trades, real estate professionals, wedding services, financial services, and more. Or desktop appraisals and inspection only. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.30

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

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Inventory Housing Market Marketing Construction 421