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Non-Arms Length Sales for Appraisers

Appraisal Today

I have also done many relocation appraisals, done before the home is listed. What should appraisers look for in a sales contract? Oceanfront Estate on Kauai’s South Shore $13,995,000 Excerpts: 4 bedrooms, 4 baths, 3,706 sq.ft., You are “graded” on how close you come to the sales price.

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Pros and Cons to Selling a House As Is

PennyMac

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition.

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How a Home Appraisal From a Lender Can Make or Break a Mortgage for Your First Home or Beyond

Realtor

To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. Real estate appraisers are merely there to give an unbiased opinion about the home value. Appeal the appraisal.

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How a Home Appraisal From a Lender Can Make or Break a Mortgage for Your First Home or Beyond

Realtor

To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. Real estate appraisers are merely there to give an unbiased opinion about the home value. Appeal the appraisal.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

It’s important to note that any undisclosed additions can cause a breach of conditions in your sale contract. Any easements or encroachments – any part of the property should be accounted for to get the most accurate estimate of the land value.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area.

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How to Avoid Hurting Your Home Appraisal: Cleaning, Updating & Fixing

Listing Spark

Potential buyers may think that you don’t take care of your property and this could lower the value of your home. The Appraisal Institute has warned that bad neighbors can lower home values by as much as 10%. Finally, it’s important to keep all of the systems in your home up-to-date. Love this list?