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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. 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

An appraisal is an important part of the home buying process for the buyer, as lenders will not lend money to you if the appraised value comes back lower than the loan amount. Any existing easements on the property which legally allow another party to use someone else’s property.

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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. There may be a representative of the lending institution present to make the payment to the seller. The first, a construction loan, offers a one-year loan that helps get your project off the ground and into being.

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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.

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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.” My focus is lending institutions appraisals.”