AmeriMac

DECEMBER 15, 2021

These appraisals are typically conducted by licensed and certified experts and are based on, among other things, similar homes in the same neighborhood and other factors pertaining to the market. It’s important to understand that appraisals are ultimately designed to protect buyers from significantly overpaying for the home in question.

Real Estate 36

Real Estate Appraisal Market Value Contracts 36

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. A home appraisal determines the fair market value of a home. The home appraisal is something you can negotiate prior to going under contract as well, or even while under contract.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

The Robert Weiler Company

OCTOBER 21, 2022

Some go one step further and fulfill strenuous education and experience requirements to become designated members of the Appraisal Institute. The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

OCTOBER 6, 2023

Fannie Mae sees the appraisal process as “inspection + value.” Yet, the idea of sitting at the desk and relying on some stranger to gather the nuances of the property to generate a value is wildly flawed. Perhaps that’s by design, in this case, to make the results more compelling. There is a difference. percent from 7.41

Appraisal 77

Appraisal Contracts Real Estate Mortgage 77

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Browse the following resources designed to help you avoid common appraisal errors and violations. Here are two: 1. Diversify!!

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Quicken Loans

MAY 18, 2021

In situations where the loan contract includes a due-on-sale clause , immediate repayment might be the only choice you have if you want to inherit the home without occupying it. If the house is being passed to heirs, they will have to pay taxes on the fair market value of the property out of the funds and assets in the estate.

Landlords 55

Landlords Decorating Market Value Mortgage 55

Appraisal Today

OCTOBER 7, 2022

If it had a market value of $345k, it would have listed at $345k!”. The multistory home bucks convention, boasting an eccentric, inverted design. Other risks include getting injured during an inspection, plus the risks we all have of a serious medical problem. While agents can “puff” we cannot! Excerpts: Year Built: 2001.

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

PennyMac

JULY 20, 2021

Find an agent who really understands the different contracts you need and how to properly fill them out, the legal obligations you’ll run into, and the financial side of the business. If you’re selling a property, you’ll also want to make sure your agent is in-the-know on the latest and most effective marketing tactics in the industry.

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Clear Capital

SEPTEMBER 29, 2021

Following up on lots of the stories that have been out there in the media about potential purchase appraisal bias pertaining to race and ethnicity, Freddie Mac kicked off a study of whether minorities are more likely to receive an appraisal value that’s lower than the contract price during purchase transactions. Kenon Chen.

Sellers 69

Sellers Agents Real Estate Buyers 69

Assurance Financial

NOVEMBER 9, 2021

In most cases, any situation that decreases a buyer’s urgency to buy and increases a seller’s urgency to sell will generate a buyer’s market. That’s why it’s beneficial to hire someone to conduct a pre-inspection of the house so you can pinpoint and fix any problems before listing the property.

Marketing 36

Marketing Sellers Buyers Real Estate 36