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

Will Springer Realtor

MARCH 1, 2022

A home inspection is almost always the best route to take before purchasing a property. In a competitive market, however, buyers recognize that submitting an offer with a request to conduct a traditional inspection can hurt their chances of winning a bidding war. This is the best option when a traditional inspection is not viable.

Inspection 36

Inspection Buyers Sellers Real Estate 36

Lamacchia Realty

FEBRUARY 2, 2023

WHY YOU SHOULD USE A REAL ESTATE ATTORNEY TO SELL YOUR HOME As a home seller you may think you are saving money by not hiring an attorney to guide you through the legal aspects of your sale but in actuality, it could end up costing you more not to! Again, this is a legal document that needs to be done right!

Real Estate 77

Real Estate Sellers Legal Inspection 77

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 404

Appraisal Inspection Real Estate Agent Training 404

Eppraisal

DECEMBER 23, 2022

We'll now dissect the entire real estate transaction from the perspective of the seller. Inspection Period After the contract is signed and delivered to all parties, it becomes a fully executed contract. The contract allows the buyer a certain number of days to have home inspections performed.

Real Estate 36

Real Estate Sellers Inspection Contracts 36

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

McKissock

JULY 6, 2022

I would recommend including at least property access, financial outcomes, and potential roadblocks from contract to closing. Sellers and buyers need to have a clear understanding of who can and will have access to the property in question. Another major expectation that sellers and buyers share is potential financial outcomes.

Clients 87

Clients Real Estate Contracts Sellers 87

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.

Renovations 221

Renovations Buyers Appraisal Investing 221

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.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Eppraisal

JULY 19, 2022

Contract Review Whether you are a home buyer or a home seller, once you sign a contract it is time to hire a real estate attorney. Most real estate contracts call for a specific amount of time, typically five to 10 business days, for attorney review. It is advised that you forward the inspection reports to your attorney.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

Eppraisal

SEPTEMBER 30, 2021

It is one of the strongest seller's markets we've ever seen in the real estate industry. Buyers are writing offers considerably above list price and they are writing other terms in their offers that are attractive to sellers. Many real estate contracts have this provision written in as an optional paragraph.

Inspection 36

Inspection Sellers Contracts Real Estate 36

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

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?

Real Estate Agent 36

Real Estate Agent Legal Real Estate Agents 36

Listing Spark

DECEMBER 2, 2022

Which is why many sellers try to sell their home “as-is” and avoid the hassle of repairs and improvements. The idea of an as-is sale can appeal to sellers for a lot of reasons. Unfortunately a contract’s “as-is” clause can be confusing for some sellers. There are some grey areas that need consideration.

Contracts 36

Contracts Sellers Inspection Buyers 36

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. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money. What Happens to the Earnest Money if the Contract is Canceled?

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

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

PennyMac

SEPTEMBER 6, 2023

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Buyers will have an inspection done and the cost of some repairs or updates, especially those regarding safety, often falls to the seller. The home-selling process can be challenging at times.

Renovations 36

Renovations Inspection Sellers Buyers 36

Eppraisal

JANUARY 29, 2023

In this posting, we will follow the acts of contract negotiation and legal settlement when undeveloped land changes ownership. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. Subsequently, the process of conveyance must proceed.

Development 36

Development Counter Offer Easement Legal 36

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

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

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. How got your name.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

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. Inspect the electricity by turning on and off all lights and ceiling fans.

Inspection 36

Inspection Contracts Buyers Agents 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

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.

Real Estate 474

Real Estate Law Inspection Agents 474

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.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Appraisal Today

MARCH 31, 2023

First, “third party” inspections. And, with this inspection a traditional appraisal is no longer a requirement for the mortgage loan. Secondly, the 3rd party inspection is sent to a licensed appraiser. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.56

Appraisal 52

Appraisal Contracts Inspection Clients 52

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.

Investing 138

Investing Real Estate Tenants Investors 138

PennyMac

DECEMBER 22, 2020

The lender initiates legal proceedings against the borrower to foreclose on the property. 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. Step 7: Have the Property Inspected.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Aedis Appraisals

JANUARY 12, 2018

With a long-standing history of providing intricate assessments for various legal organisations, insurance companies, and private market financiers, the top-rated real estate appraisers in Vancouver are able to complete all of the following tasks: Direct comparisons to adjacent properties and neighbouring buildings. Long-term investments.

Real Estate 36

Real Estate Appraisal Valuation Legal 36

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. How many are sellers? As a seller, one of the most important reasons to hire a real estate agent is to gain access to their marketing expertise.

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Listing Spark

SEPTEMBER 5, 2023

While their advice and services can be helpful, you aren’t legally required to use one. FSBO sellers identify this step as one of the biggest challenges in selling their homes, but there are a few ways to simplify it. Only licensed real estate agents have access to the database, so it used to be unreachable for FSBO sellers.

Realtors 36

Realtors Real Estate Agent Real Estate Agents 36

PennyMac

APRIL 2, 2020

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. An added bonus is that agents don’t cost the home buyer anything; they’re compensated mainly via a commission from the seller of the home. when you find your dream home.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

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.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Raleigh Realty

MARCH 29, 2021

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Getting pre-approved tells the seller that you're serious. And the seller's agent will be happier to do business with a colleague in the field. Due diligence stretches from the time you sign a contract to closing.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Quicken Loans

APRIL 12, 2021

Foreclosure : the legal process in which a lender or mortgage investor takes back unpaid property. Also called a Notice of Default (NOD), or lis pendens (suit pending), the public notice is a written notification to the homeowner that the lender will pursue legal action if the debt is not paid. Stage 3: Pre-Foreclosure.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Cleveland Appraisal Blog

MAY 27, 2021

It is important to note that if an appraiser is hired by a bank to perform an appraisal of a property, the appraiser’s client is the bank, and their legal duty is to the bank, not the borrower. Right now, in many contracts, buyers state that they will not pay more than a certain about over the appraised value of a home.

Market Value 418

Market Value Appraisal Buyers Marketing 418