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Home Appraisals – What Do They Look For?

D Fritz Appraisals

They are also used to assess the value of the home for home improvement loans and insurance evaluations. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Valuation for insurance claims. Any existing easements or zoning issues.

Appraisal 105
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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract. Any existing easements on the property which legally allow another party to use someone else’s property.

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

Consequently, both the appraiser and home inspector ended up on the receiving end of a “wrongful death” legal claim. I used Hypothetical Assumptions for new construction, of course. =. National Counsel for Liability Insurance Administrators. I have always been surprised that so many lender appraisers use EAs in their appraisals.

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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

“I have a background in construction and have been a business owner in the construction industry.” ” “I have a life long time in agriculture and worked at a title company, giving me a good understanding of legal descriptions and easements.” I am doing all I can to cover all requests asap.”