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?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Listing Spark

AUGUST 25, 2022

Home inspections are a critical part of real estate. They impact both buyers and sellers and are key in negotiations and identifying any problem areas in homes. Even if you’re buying new construction, you should be using a home inspector. Is there anything you can do to better prepare for future home inspections?

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Inspection Real Estate Construction Sellers 36

Cleveland Appraisal Blog

MAY 13, 2021

And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price. THE SELLER’S VIEW. This is the strongest seller’s market I have ever seen. The contract price may need to be renegotiated. .

Market Value 298

Market Value Contracts Appraisal Buyers 298

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. Requests to sellers to pay closing costs. Timeliness and types of inspections. Making an offer.

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Real Estate Counter Offer Buyers Inspection 81

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 77

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

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. .” Was the seller highly motivated? .”

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Real Estate Agent Real Estate Agents Appraisal 97

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

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

Housing Wire

NOVEMBER 30, 2023

Real Estate Finance: Covers the real estate finance essentials, including the current real estate market, types and sources of real estate loans, real estate residential and commercial loan process, the OH foreclosure process, government involvement, the construction and development lending process & more. Athens Campus location.

Real Estate 365

Real Estate Real Estate Agent Law Inspection 365

Eppraisal

MARCH 28, 2023

That question centers around whether they prefer new construction to a pre-existing house that has had previous occupants. Advantages and Disadvantages of New Construction According to Realtor.com, one-third of all homes on the market are new, i.e. recently built with no previous inhabitants. Drawbacks exist alongside benefits.

Construction 36

Construction Inspection Property Taxes Home Value 36

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. Other users might be sellers, mortgage underwriting, banks, and contractors.

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Appraisal Inspection Appraisal Process Real Estate Agent 93

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. So, the seller hopes that the appraised value is $1,000,000 or higher. What is an Inspection Contingency?

Real Estate 56

Real Estate Agents Inspection Real Estate Agent 56

Boston Appraisal

DECEMBER 11, 2023

The appraisal process is important for homeowners, buyers and sellers. 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.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. A buyer gets a seller’s disclosure statement for that information. 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.

Appraisal 86

Appraisal Training Inspection Real Estate 86

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.

Architecture 36

Architecture Construction Inspection Design 36

Listing Spark

DECEMBER 1, 2022

What can you focus on to maximize your success as a seller at the lowest price? We’ll dive into how to make your listing more competitive and maximize your success as a seller with Julie Daniels, Director of Operations at ListingSpark. How sellers can maximize their chances of success in the current market. Episode highlights.

Sellers 36

Sellers Real Estate Inspection Buyers 36

Appraisal Today

JUNE 2, 2023

Solutions to Keep You Safe Make sure you have a complete signed purchase contract. In the appraisal, list how many pages of the contract you have in your possession (In case someone is hiding pages from you). The Glass Ladies were designed by Alon Zakoot and constructed over a period of seven years.

Appraisal 52

Appraisal Contracts Real Estate Agent Sellers 52

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. With a land contract, the seller provides the land buyer with the loan, instead of an institution.

Real Estate 78

Real Estate Buyers Contracts Development 78

Appraisal Today

JANUARY 26, 2024

Personal Inspection I recently completed an appraisal on a residential dwelling for Lender A that sells loans to Fannie Mae and Freddie Mac and the report was completed on a GSE form. Lender B indicated there wasno need for me to re-inspect the home, since my previous inspection date was only a few days earlier. percent from 6.75

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Housing Wire

APRIL 27, 2023

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.

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Renovations Investing Real Estate Marketing 275

Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. Here’s a negotiating tactic that you may not have thought of: Sellers who “spy” on buyers when they are visiting the home. Just more than 4,000 homes went under contract last month across all home types in King, a 4.3% That’s the most since 2007.

Construction 36

Construction Inventory Buyers Real Estate 36

Raleigh Realty

AUGUST 3, 2021

And if you are buying with cash, you'll want proof of income to show the seller's agent. Conduct Environmental Tests You should view the environmental tests of your future land as important as an inspection of a future home. There may be a representative of the lending institution present to make the payment to the seller.

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Real Estate Agent Development Construction Real Estate 148

Raleigh Realty

MAY 3, 2021

Oftentimes you may even find that new construction homes are the way to go as the barrier to entry can oftentimes be easier than purchasing a resale. Pre-approval provides you and the seller a sense of how much house you can buy. If you are wondering if a home inspection is worth the cost, the answer is. What is Due Diligence?

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Real Estate Agent Real Estate Insurance Inspection 78

Appraisal Today

NOVEMBER 4, 2022

Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. How got your name.

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Reconsideration of Value Appraisal Inspection Advertising 52

AmeriMac

OCTOBER 5, 2022

It can be helpful for both the buyer and the seller of the property when the true value of the home is assessed. 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.

Appraisal 36

Appraisal Mortgage Market Value Sellers 36

Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. 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.

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

Raleigh Realty

AUGUST 20, 2022

The seller pays the listing firm. Earnest Money When you find the home you wish to buy, you must submit an earnest money deposit to the seller. This deposit is your way of telling the seller you are serious about buying the home and aren’t going to get the seller’s hopes up and then go off and buy a different house.

Property Taxes 78

Property Taxes Real Estate Agent Insurance Real Estate 78

Lamacchia Realty

DECEMBER 28, 2021

From offering dramatically over asking price, putting down massive deposits, waiving home inspection contingencies or not doing home inspections at all, waiving mortgage contingencies, agreeing to close whenever sellers want, and more. 2022 Overall Market Predictions. If it’s not it will certainly delay things even further.

Sellers 74

Sellers Inventory Buyers Realtors 74

Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

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HOA Transportation Construction Buyers 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? Buyer’s vs. seller’s markets are a matter of supply and demand.

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Marketing Sellers Buyers Real Estate 36

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.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

The Robert Weiler Company

MAY 14, 2021

Independent and not contracted with any party, institution, or broker. The appraiser will have professional-grade access to historical market statistics, construction data, the cost to build, and comparable sales records. Both the interior and exterior of all the decedent’s properties must be inspected.

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Real Estate Appraisal Legal Valuation 133

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A Furthermore, the listing agent also often doesn’t make it easy for Houston homebuyers to get the survey, details and any prior inspection reports so you know really know what you’re buying. Quality of construction.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

The Robert Weiler Company

OCTOBER 21, 2022

Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. In general, the full cycle of the commercial real estate appraisal process can take several days to weeks, when you factor in the inspection and subsequent investigative work. You may need a commercial valuation for many reasons.

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Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

APRIL 14, 2023

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. 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. Diversify!! percent from 6.40

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Appraisal Bracketing Contracts Valuation 52