Eppraisal

SEPTEMBER 30, 2021

It is one of the strongest seller's markets we've ever seen in the real estate industry. The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Home values are rising. Many real estate contracts have this provision written in as an optional paragraph.

Inspection 36

Inspection Sellers Contracts Real Estate 36

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Each step will get you closer to a successful home closing. It is important to understand home values in the areas you are looking so you have an idea of what type of homes you can afford.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

Eppraisal

MARCH 10, 2023

Sell, Rent and Then Buy Since the market is still more on the seller's side, you might want to sell your home first and get your money in the bank. If you are open to renting short-term before you find your new home, this is a desirable position to be in. . "House

Sellers 68

Sellers Home Value Real Estate Real Estate Agent 68

Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Eppraisal

JULY 12, 2022

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. As home values have been rising, so have earnest money amounts. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money.

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

Eppraisal

APRIL 8, 2021

It's a "super seller's market" right now. Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. If you are a seller, it's the best time to get a good price and the best terms for your home.

Marketing 36

Marketing Inspection Contracts Buyers 36

Eppraisal

NOVEMBER 9, 2021

Home buyers are still flocking to homes when they are listed for sale. Buyers continue to offer list price and above as home values are still going up. When a home buyer doesn’t pay cash for a home, he will most likely be purchasing the home with the help of a mortgage lender.

Appraisal 36

Appraisal Contracts Sellers Home Value 36

Raleigh Realty

FEBRUARY 19, 2022

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

PennyMac

SEPTEMBER 6, 2023

The home-selling process can be challenging at times. This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. You may also be required to make repairs to meet certain state standards in order to sell your home.

Renovations 36

Renovations Inspection Sellers Buyers 36

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Home prices continue to increase and sellers are reaping the rewards of quick sales. According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago."

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Zillow

JULY 15, 2019

Approved for short sale : A term that indicates that a homeowner’s bank has approved a reduced listing price on a home, and the home is ready for resale. Look for this accreditation or something similar when shopping for a home inspector.). Buyers should budget for an amount that is 1% to 3% of the home's purchase price.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Eppraisal

MARCH 13, 2021

Interest rates are still historically low and, in many areas, when a home is listed for sale, it's a race as to who sees it and puts in an offer first. Many homes receive multiple offers within a couple days of going on the market with buyers often paying more than list price for homes. Help you arrange inspections.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Eppraisal

JANUARY 29, 2023

In this posting, we will follow the acts of contract negotiation and legal settlement when undeveloped land changes ownership. Obviously, there are certain elements of home sales that do not apply to the exchange of raw land, at least not yet. All of these variables can influence the final price paid as well as future home values.

Development 36

Development Counter Offer Easement Legal 36

Eppraisal

NOVEMBER 23, 2021

The real estate market is still hot and there are currently more buyers than homes available for sale. So far in this year's fall real estate market, home values continue to rise. Despite the super seller's market, appraisers are protecting the mortgage companies' interests.

Appraisal 36

Appraisal Real Estate Agent Real Estate Inspection 36

Eppraisal

FEBRUARY 25, 2022

A critical step in the home buying process is the final walkthrough of the house, before it officially and legally becomes yours. The purpose of a final walkthrough is to be sure the home is in the same or better condition than it was when you signed a contract. Open and close all the windows and doors. Test the appliances.

Inspection 36

Inspection Contracts Buyers Agents 36

Eppraisal

NOVEMBER 12, 2021

Selling your home can be profitable in today's seller's market as home values have risen significantly this year. What's taken many sellers by surprise this year, however, is that some homes haven't been appraising due to these higher sales prices. The appraiser will research before visiting your home.

Appraisal 36

Appraisal Real Estate Agent Real Estate Buyers 36

Eppraisal

MARCH 15, 2022

The contract states that they will use their best efforts to find a home that meets your criteria. Sellers usually pay real estate commission, and the seller’s brokerage cooperates and shares commission with the buyer’s brokerage. Help the buyer or tenant to arrange for property inspections.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

Eppraisal

MAY 24, 2022

With homes selling faster than ever before, home values are rising at higher rates than ever before. The inventory of homes available for sale is at its lowest in history. Some sellers think it is a good time to try to sell their homes "For Sale By Owner" (FSBO or by owner) to save a bit of profit.

Agents 36

Agents Real Estate Agent Brokerage Real Estate 36

PennyMac

JUNE 28, 2022

More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. At this point in the home buying process, you’re probably wondering why closing costs are necessary. Closing costs can apply to both the buyer and seller. Who Pays Closing Costs?

Insurance 36

Insurance Property Taxes Sellers Inspection 36

PennyMac

DECEMBER 22, 2020

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. HVAC, plumbing), the structural integrity of the home, and check the prices of comparable homes in the area.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

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. value to property.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

The Robert Weiler Company

OCTOBER 15, 2021

Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. Another mistake – perhaps one of the more obvious (and, consequently, most detrimental) mistakes – is contracting the commercial property for sale in your personal name.

Investing 138

Investing Real Estate Tenants Investors 138

Appraisal Today

APRIL 14, 2023

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Value acceptance is 3 out of 5 – no appraisers. Or desktop appraisals and inspection only. Diversify!! percent from 6.40

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Raleigh Realty

MARCH 29, 2021

This means that it's harder to know a local neighborhood well before searching for homes. Changing locations may make it feel like committing to a home isn't worth the effort, too. With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Raleigh Realty

MARCH 26, 2022

Questions are going to come up and your agent will be there every step of the way to help you through the process: What is a home appraisal? Is a home inspection worth the cost? How do I measure the square footage of a home? Experiences With Contracts Paperwork pushing is a big part of this process.

Real Estate 148

Real Estate Buyers Agents Contracts 148

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. It may still be worth it to the buyer to move forward, despite paying more than market value. . THE SELLER’S VIEW.

Market Value 298

Market Value Contracts Appraisal Buyers 298

Houston Properties

JANUARY 13, 2021

Do You Want To Buy A Home Now? Avoid 9 Costly Mistakes Sellers Make. If you're looking for a personal recommendation on your situation (buying or selling a home in Houston) and how it could impact your goals, please contact Paige Martin at Paige@HoustonProperties.com. Properties are still going under contract.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Raleigh Realty

MAY 3, 2021

Build Equity Your home will have a value assigned to it, and you'll be making mortgage payments. The difference between the home's value and what is left in your mortgage is the equity. In other words, if your home is worth $100,000 and you have $60,000 remaining in your mortgage, you have $40,000 worth of equity.

Real Estate Agent 78

Real Estate Agent Real Estate Insurance Inspection 78

Eppraisal

AUGUST 30, 2022

There is a lot of news in the media about the real estate market starting to cool down for sellers and balance out for buyers. Offer Market Price Buyers still need to offer at least market price for a home, perhaps higher. Home values are still going up. If you are a buyer, you may be getting giddy about it.

Real Estate 36

Real Estate Buyers Real Estate Agent Marketing 36

Eppraisal

MARCH 28, 2023

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. These are the very drivers of their appeal -- no aging, no wear and tear that often diminish home values. Individual sellers are easier negotiating partners.

Construction 36

Construction Inspection Property Taxes Home Value 36

Lamacchia Realty

JUNE 10, 2022

It has been a tough few years for those looking to purchase homes with competition higher than ever. Most homes sold within a few days in multiple offer situations which buyers had little leverage or room for contingencies or even home inspections! Home sellers, the market has changed.

Marketing 64

Marketing Sellers Buyers Inventory 64

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.

Marketing 36

Marketing Sellers Buyers Real Estate 36

PennyMac

JANUARY 3, 2024

Selling Before Buying Pros and Cons Most people choose to sell before buying, which offers the following benefits: You can access the equity and any profits from your current home to buy your next home, without having to include a contingency clause. If your home fails to sell, your new home closing may be affected.

Real Estate Agent 36

Real Estate Agent Buyers Real Estate Mortgage 36

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. billion [due to increased home values]. “…The

Renovations 307

Renovations Investing Real Estate Marketing 307

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A However, 71% of agents in Houston have sold less than 5 homes their entire career." Typically, headline market statistics do not reflect what buyers and sellers are living in their respective areas/communities.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

AUGUST 9, 2022

SmartAsset used three metrics – home value growth, income growth and housing demand – to reach its findings. >> Returning to work will come with a price. The number of new homes for sale fell 19% (4009) across the county from June to July and 9.5% This suggests buyers were still paying top dollar for their dream home.

Inventory 36

Inventory Buyers New Listings Construction 36