Will Springer Realtor

MAY 2, 2023

They have safeguards built in to written agreements such as a purchase contract on a home. These are known as contingencies, or conditions, that require the buyer or seller to take an action or possibly a non-action as part of the overall agreement. FINANCING The financing contingency is critical for the buyer.

Contracts 55

Contracts Buyers HOA Inspection 55

D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Inspection? What Is a Home Appraisal?

Inspection 94

Inspection Appraisal Real Estate Property Appraisal 94

Realtor

JULY 13, 2021

In our current seller’s market, the national inventory of active listings is down 43.1% They’re making sky-high offers and writing heartfelt letters to sellers about why they should get the house. The provisions of a contingency contract are there to protect buyers and sellers. Home inspection.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

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

Housing Wire

APRIL 13, 2021

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If

Housing Market 533

Housing Market Buyers Marketing Real Estate Agent 533

Housing Wire

OCTOBER 16, 2023

Not to mention the current mortgage rates at decades-high levels as well as sellers who are locked in with pandemic low rates. Homebuyers using a variety of mortgage loans to finance their home purchase are eligible to use assistance options to help with their down payment and/or closing costs. It never will be. I’ll explain later.)

Agents 392

Agents Buyers Sellers Inventory 392

Raleigh Realty

MARCH 31, 2021

In every market though, things happen where homes that are under the contract may not reach the closing table and the contingency clause usually protects the buyer and sometimes the seller in the event the parties decide to terminate. The seller does not have the ability to accept another offer.

Real Estate 148

Real Estate Sellers Contracts Buyers 148

D Fritz Appraisals

AUGUST 11, 2022

Even with a trusted real estate professional on your side, you should always choose to get a professional inspection and appraisal of the home to give you peace of mind during the process. . Get pre-approved for a mortgage to show the current owner/seller you can afford to finance the home. Both parties sign the contract.

Real Estate Agent 119

Real Estate Agent Inspection Real Estate Sellers 119

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. You can say no to the counteroffer, accept it or propose new changes to the contract.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. An offer comes in at 5 p.m.

Appraisal 405

Appraisal Inspection Real Estate Agent Training 405

Eppraisal

FEBRUARY 28, 2023

They have different impacts on both the buyer and the seller in a real estate deal. As homes have been selling with multiple offers and at record speeds over the past few years, home buyers have been watching home statuses carefully in case contracts fall through. Contingencies create risks for the home seller.

Inspection 36

Inspection Contracts Sellers Real Estate 36

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer.

Renovations 221

Renovations Buyers Appraisal Investing 221

McKissock

JULY 26, 2022

Requests to sellers to pay closing costs. Timeliness and types of inspections. Regardless of the strengths and weaknesses of the competing offers, the seller can only negotiate one offer at a time until there is a binding contract. If the seller does not find the initial offer acceptable (e.g., Inspections.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

Hank Miller Team

FEBRUARY 27, 2022

Princes are conventional loans with as much down as possible Offer 3-4 in earnest money and deposit it within a day of contract Waive contingencies like inspection, appraisal, and financing Learn what is key to seller and try to accommodate them Keep things simple, no nonsense stipulations or asks This is the market right now (late 2/22).

Buyers 52

Buyers Inspection Contracts Sellers 52

Realtor

DECEMBER 7, 2019

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. You want the house, and the seller doesn’t want any hiccups. But it isn’t something sellers or seller’s agents love. “I

HOA 108

HOA Inspection Sellers Appraisal 108

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. Water issues can be present but if it's dry when the home is contracted, the buyer may not catch an issue. The buyer is spending money and possibly losing the deal.

Inspection 52

Inspection Buyers Real Estate Sellers 52

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

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.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Realtor

JUNE 12, 2018

Sellers often place an unrealistic value on a house they love. Don’t skip the inspection. And here’s where getting the appraisal and inspection done prior to arriving at an accepted offer is key. In that instance, the buyer and seller would need to renegotiate the deal. Lawyer up and sign that contract!

Inspection 85

Inspection Real Estate Agent Real Estate Contracts 85

The Robert Weiler Company

SEPTEMBER 9, 2022

Research Land Buying Financing Options. If you need to finance your land purchase with a loan, have a financing plan ready, before submitting an offer. Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. and utility companies; and more.

Real Estate 78

Real Estate Buyers Contracts Development 78

Realtor

DECEMBER 7, 2019

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. You want the house, and the seller doesn’t want any hiccups. But it isn’t something sellers or seller’s agents love. “I

HOA 78

HOA Inspection Sellers Appraisal 78

Boston Appraisal

DECEMBER 11, 2023

The appraisal process is important for homeowners, buyers and sellers. Appraisals can affect the financing, the negotiation of the purchase price, and ultimately the closing of the sale or the loan. 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.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

Realtor

JUNE 12, 2018

Sellers often place an unrealistic value on a house they love. Don’t skip the inspection. And here’s where getting the appraisal and inspection done prior to arriving at an accepted offer is key. In that instance, the buyer and seller would need to renegotiate the deal. Lawyer up and sign that contract!

Inspection 78

Inspection Real Estate Agent Real Estate Contracts 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

NOVEMBER 9, 2021

They want to ensure the buyer is not paying too much for the home and be sure the home is worth the price on the contract. Appraisers determine whether or not a home's contract price is fitting given certain factors. Once the buyer has a fully executed contract on a home, the mortgage lender has an appraiser perform the appraisal.

Appraisal 36

Appraisal Contracts Sellers Home Value 36

Birmingham Appraisal

JUNE 13, 2023

If you choose not to be at the property during the appraisal inspection let the appraiser know you are available to answer any questions they may have. If there are no comparable sales that support the contract price, this may result in a lower appraised value.

Real Estate Agent 79

Real Estate Agent Real Estate Agents Reconsideration of Value 79

Lamacchia Realty

OCTOBER 6, 2021

You must hire an electrician and submit to your insurance agent a contract stating that the knob and tube wiring will be replaced within 60 days. They will come out and do an inspection prior to coverage, but the inspection is free of charge. Financing a Home with Knob and Tube Wiring. Seller Resources.

Insurance 70

Insurance Inspection Buyers Modernization 70

Birmingham Appraisal

JUNE 21, 2023

Importance of Accurate Pricing Accurate pricing is vital for both sellers and buyers. Overpricing a property can lead to extended days on market and limited buyer interest, while underpricing may result in leaving money on the table for the seller. Here are some valuable insights and tips: 1.

Real Estate Agent 76

Real Estate Agent Real Estate Agents Appraisal 76

Birmingham Appraisal

FEBRUARY 20, 2024

It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. While the agent acts on behalf of their seller, it is important for their pricing strategy to also be based on the most up-to-date and accurate market data.

Agents 87

Agents Appraisal Real Estate Agent Bracketing 87

Will Springer Realtor

JULY 20, 2021

There was a time not too long ago when almost all residential real estate transactions required face-to-face customer interaction with a real estate agent/broker and ancillary services such as title, escrow, mortgage and home inspection. Save the receipts, complete some paperwork with your broker, and sellers simply repay the costs to John L.

Real Estate 36

Real Estate Sellers Contracts Buyers 36

Birmingham Appraisal

JUNE 1, 2022

If financing were not an issue, and the buyer couldn’t care less about how their contract price compared to other similar properties, it would just be a matter of connecting the buyer with the seller and signing on the dotted line, but life isn’t always so easy.

Agents 52

Agents Marketing Contracts Inventory 52

Will Springer Realtor

FEBRUARY 1, 2022

Sellers have the option to review offers on their home upon receipt of the bid or in the future, better known as an “offer review date.”. In a hot sellers’ market, establishing a date to examine bids – especially on a popular home in a desired neighborhood – is a common strategy and one that can generate a frenzy among buyers.

Real Estate 36

Real Estate Sellers Buyers Legal 36

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Have Your Financing in Order If you're in the market to buy a home in the near future, the most important item on your agenda is to have proof that you have enough cash for the purchase or are pre-approved for a mortgage. Be prepared to offer at least asking price.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Eppraisal

DECEMBER 5, 2023

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. Negotiation Privileges There are several ways you can negotiate a lower price with the seller. Only then will the construction start.

Architecture 36

Architecture Construction Inspection Design 36

Listing Spark

AUGUST 10, 2021

When purchasing a home, not only is there a buyer and seller executing a contract, there is also a monetary consideration called earnest money that binds the agreement. Earnest Money is a good faith deposit that a buyer pays out of pocket once a contract is executed. How earnest money is handled can differ from state to state.

Contracts 36

Contracts Buyers Sellers Real Estate 36

Eppraisal

OCTOBER 2, 2021

Home prices continue to increase and sellers are reaping the rewards of quick sales. Your agent should know the real estate contract like the back of her hand. Whether you're a buyer or a seller, your agent should possess top-of-the-line negotiation skills. There is a lot to navigate when representing a seller in today's market.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Zillow

JULY 15, 2019

American Society of Home Inspectors (ASHI) : A not-for-profit professional association that sets and promotes standards for property inspections and provides educational opportunities to its members. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56