Cleveland Appraisal Blog

AUGUST 11, 2022

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. The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property.

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Renovations Buyers Appraisal Investing 221

McKissock

JULY 19, 2022

Red Flags: The seller demands payment upfront. Hasty changes to terms and conditions of the housing contract. Sellers are often on a time crunch to get properties locked into a contract, which leaves little time to properly deal with the unexpected. Red flags: A lawyer reaches out independent of the seller.

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Real Estate Real Estate Agent Sellers Agents 98

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. It's important to reverse engineer the sales process as a seller as you will want to understand who your target buyer is and that is likely someone working with a Realtor.

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Real Estate Agent Real Estate Realtors Contracts 133

Housing Wire

DECEMBER 7, 2023

Covers reciprocal application process, relevant laws & regulations Base Non-Credit NH Reciprocity: For anyone licensed in MA seeking NH reciprocity eligibility. Covers licensing laws & the reciprocal licensing process. After the class, you will receive the certificate for each state to renew both states’ licenses. out of 5.

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Real Estate Real Estate Agent Law Brokerage 363

Birmingham Appraisal

SEPTEMBER 15, 2022

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Other users might be sellers, mortgage underwriting, banks, and contractors.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

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.

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Appraisal Process Appraisal Construction Sellers 139

The Robert Weiler Company

OCTOBER 15, 2021

Another mistake – perhaps one of the more obvious (and, consequently, most detrimental) mistakes – is contracting the commercial property for sale in your personal name. During the real estate due diligence process, a responsible CRE investor will spend weeks scrupulously inspecting all aspects of the commercial property for sale.

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Investing Real Estate Tenants Investors 138

Listing Spark

OCTOBER 9, 2023

In this blog post, we’ll explore the typical experience of a For Sale By Owner seller and provide insights into what you can expect when listing your property. By eliminating these costs, sellers can potentially save thousands of dollars. Buyers appreciate proactive and attentive sellers. What is For Sale By Owner?

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Real Estate Agent Legal Real Estate Agents 36

The Robert Weiler Company

SEPTEMBER 9, 2022

Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. With a land contract, the seller provides the land buyer with the loan, instead of an institution. With a land contract, the seller provides the land buyer with the loan, instead of an institution.

Real Estate 78

Real Estate Buyers Contracts Development 78

McKissock

JANUARY 18, 2022

Dale Schaechterle, the founding partner and CEO at Realty Executives Integrity , shares with Forbes that the services of a good real estate agent are essential for a first-time home buyer given the complicated network of mortgage rates and tax laws that they will have to navigate. Honesty Counts. Answer Questions.

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Real Estate Agent Real Estate Agents Buyers 96

Eppraisal

MARCH 13, 2021

Explain documents such as contracts and disclosures. * Help you arrange inspections. It's a contract with terms that both you and your buyer's broker must fulfill. This will only come into play if the amount being received from the seller's brokerage is less than the agreed-upon commission amount in the contract.

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Buyers Brokerage Contracts Home Value 36

Housing Wire

MARCH 7, 2022

Absolutely, I will offer an NFT option to sellers within the next year,” said Richard Hopen, a Compass agent in Short Hills, New Jersey. The Gulfport seller, Heckler explained, created a limited liability company that held ownership of the home. Propy then guided the seller into minting the LLC as an NFT.

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Real Estate Law Inspection Agents 473

Realtor

FEBRUARY 22, 2019

Just because you and the sellers have agreed on a price doesn’t mean it’s a done deal—your lender needs to be on board, too. Whoever takes out the mortgage pays for the home appraisal, unless the contract specifies otherwise. The mortgage company is then required by law to give a copy of the appraisal to you.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

Just because you and the sellers have agreed on a price doesn’t mean it’s a done deal—your lender needs to be on board, too. Whoever takes out the mortgage pays for the home appraisal, unless the contract specifies otherwise. The mortgage company is then required by law to give a copy of the appraisal to you.

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Appraisal Process Appraisal Mortgage Buyers 78

Zillow

JULY 25, 2016

You've made an offer on a property, the seller has accepted, and maybe you’re about to sign a contract. The deposit is a good-faith gesture to the seller, indicating you're serious about buying their home. Once deposited, this money can't be moved or touched without written consent from both buyer and seller.

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Inspection Contracts Sellers Buyers 36

Genworth MI Blog

JUNE 27, 2019

Will I be seen as overstepping the law? Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

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Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

Will I be seen as overstepping the law? Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

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Appraisal Tips Appraisal Law Market Value 78

PennyMac

JUNE 28, 2022

Throughout the process of buying a home, many professionals have contributed important services, and both buyers and sellers will need to pay fees for that before the property can be officially sold. From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. Closing Fee.

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Insurance Property Taxes Sellers Inspection 36

Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. Compliance with Fair Housing laws, rules, and regulations. To read the letter (PDF), click here.

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Appraisal Agents Real Estate Real Estate Agent 81

PennyMac

APRIL 2, 2020

By law, you’re entitled to one free credit check per year , per reporting agency, so obtaining your current score should be the first step in the home buying process. Plus, some sellers will only consider offers from buyers who are pre-approved, so it’s best to set yourself up for success with this easy move.

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Real Estate Agent Inspection Sellers Real Estate 36

Housing Wire

NOVEMBER 30, 2023

Post-license CE $209 20-Hour Post-Licensing Course: Covers Current Laws, Steps to Business Success & Fiduciary Duties. Real Estate Law Online: All features of in-person class, offered online using an online course delivery & management system. Athens Campus location. Meeting times will be arranged by the instructor.

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Real Estate Real Estate Agent Law Inspection 397

Appraisal Today

APRIL 14, 2023

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. Or desktop appraisals and inspection only. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.30 Diversify!! HOW TO USE THE NUMBERS BELOW.

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Appraisal Bracketing Contracts Valuation 52

Hood Homes Blog

SEPTEMBER 23, 2019

The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! The seller is responsible to keep the seller’s disclosure updated. Texas Seller’s Disclosure Law. In the Contract.

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Inspection Sellers Agents Law 54

Quicken Loans

APRIL 12, 2021

Depending on the state laws and the method of foreclosure, a homeowner’s right of redemption could be valid up to the time the court clerk files the certificate of sale, or as long as 1 year after the sale. . However, a motivated seller doesn’t always mean the home will sell for dirt cheap.

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Inspection Property Taxes Mortgage Investors 54

The Robert Weiler Company

OCTOBER 21, 2022

Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. In general, the full cycle of the commercial real estate appraisal process can take several days to weeks, when you factor in the inspection and subsequent investigative work. You may need a commercial valuation for many reasons.

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Real Estate Appraisal Property Appraisal Valuation 60

Listing Spark

AUGUST 2, 2021

Despite this high price, Offerpad may still be a solid option for sellers who are looking to move quickly and aren’t too worried about leaving money on the table. It is important to consider that while Offerpad can lead to a quick and easy sale, home-sellers will very likely be giving up money for this convenience.

Contracts 36

Contracts Real Estate Inspection Sellers 36

The Robert Weiler Company

MAY 14, 2021

Independent and not contracted with any party, institution, or broker. Both the interior and exterior of all the decedent’s properties must be inspected. Any records that count help authenticate the property’s condition around the date of death, such as deeds, inspection reports, leases, rent rolls, income statements, or photographs.

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Real Estate Appraisal Legal Valuation 133

Raleigh Realty

AUGUST 3, 2021

And if you are buying with cash, you'll want proof of income to show the seller's agent. Some things that are most important to consider in evaluating your land in the beginning stages include: Local zoning laws: these can affect the size and height of the buildings you are allowed to build or even if you're allowed to build at all.

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Real Estate Agent Development Construction Real Estate 148

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.

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Marketing Sellers Buyers Real Estate 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.

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Renovations Investing Real Estate Marketing 311

PennyMac

JULY 10, 2023

And for the average seller who does not make a living in the real estate industry, the choice to use an agent in exchange for this commission can not only save precious time, but also increase the amount received for the home, making the investment well worth it in many scenarios. Here are our best tips for speeding up the home sale process.

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Real Estate Agent Real Estate Agents Buyers 36

Appraisal Today

JUNE 2, 2023

Federal law, FNMA/FHLMC guidelines and USPAP all point to a solution. Solutions to Keep You Safe Make sure you have a complete signed purchase contract. In the appraisal, list how many pages of the contract you have in your possession (In case someone is hiding pages from you). Home sellers gave concessions to buyers in 42.9%

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Appraisal Contracts Real Estate Agent Sellers 52

The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan.

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Real Estate Retail Investing Tenants 78

Will Springer Realtor

AUGUST 9, 2022

Most zoning laws grant units up to 1000 sq. Also known as a mother-in-law or cottage, the dwellings can offer viable housing to younger buyers seeking to save for their first home or enable seniors to age within a familiar neighborhood. The number of new homes for sale fell 19% (4009) across the county from June to July and 9.5%

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Inventory Buyers New Listings Construction 36