Appraisal Today

SEPTEMBER 22, 2023

Broker-Associates and Appraisal Licensees accounted for 13% and two percent, respectively, while the remaining two percent reported holding other types of real estate licenses. To me, the big issue is who is doing the inspections. Using MLS photos is a joke, as real estate agents don’t take photos of defects.

Appraisal 87

Appraisal Training Inspection Real Estate 87

Appraisal Today

APRIL 7, 2023

AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. There have been numerous instances in which I have not been able to get ahold of a contact for an inspection only to find out weeks later that the AMC gave me the wrong contact information. Property taxes and tax rates vary widely.

Appraisal 52

Appraisal Property Taxes Reconsideration of Value Contracts 52

The Robert Weiler Company

SEPTEMBER 9, 2022

And there is less competition when buying land than other real estate markets. 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.

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Real Estate Buyers Contracts Development 78

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Transaction costs are added to every property transaction. Answer: No.

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Appraisal Inspection Modernization Business 70

Lamacchia Realty

SEPTEMBER 20, 2023

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. Buyers typically pay 2%-3% of the property’s price, and sellers typically pay 1% of the property’s price (plus agent commissions). No, it cannot.

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Sellers Buyers Property Taxes Inspection 61

Zillow

JULY 15, 2019

This lexicon of real estate terms and acronyms will help you speak the language like a pro. 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.

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Real Estate Agent Insurance Inspection Buyers 56

Appraisal Today

DECEMBER 1, 2023

To see a virtual tour and 50 photos Click Here = Best Time-Saving Tips for Real Estate Appraisers By: McKissock Excerpts: If you operate as an independent real estate appraiser, you know that time is money. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.18

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Appraisal Business Contracts Technology 89

PennyMac

JUNE 28, 2022

A real estate purchase includes many players and moving parts to reach the final sale, and each of the players and parts do cost money. From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. Lead-Based Paint Inspection. Closing Fee.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Movoto

JANUARY 31, 2022

You’ve worked with a real estate agent , toured an endless number of properties, got an offer accepted , navigated the mortgage process , and now you’re in the final stretch. Real estate attorney: They can represent you or the seller, or both sides may have attorneys. Get excited!

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Real Estate Agent Sellers Insurance Buyers 36

Raleigh Realty

MARCH 29, 2021

Let's dive into all of the home buying resources you have when working for the government Our real estate company is based in the state capital of North Carolina, Raleigh. With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Your gross income is the income before taxes.

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Government Real Estate Agent Insurance Property Taxes 148

Quicken Loans

APRIL 12, 2021

Foreclosure can also happen when the homeowner fails to pay their property taxes or homeowners association fees. Foreclosure : the legal process in which a lender or mortgage investor takes back unpaid property. Home in foreclosure : a property going through the foreclosure process.

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Inspection Property Taxes Mortgage Investors 54

Housing Wire

JUNE 21, 2021

You set your appointments the night before, and when you get there that morning, they might already be under contract.” But broker Renee Humme, with Prime Mountain Properties , said the lower property taxes, mountains and surrounding scenery, and low cost of living are the main draws for most of her clients.

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Housing Market Marketing Realtors Inventory 424

Raleigh Realty

AUGUST 20, 2022

Whether you are a first-time home buyer or an experienced buyer, you will want to familiarize yourself with all the costs of buying a home Your Real Estate Agent is not a cost to you as a buyer. The cooperating firm then pays the Real Estate Agent. This is one thing many buyers don't realize.

Property Taxes 78

Property Taxes Real Estate Agent Insurance Real Estate 78

Realvals

JULY 27, 2022

As a real estate appraiser in California, I often hear this question, and the answer is almost always the same. The most common scenarios are for real estate transactions and refinancing a property. The most common scenarios are for real estate transactions and refinancing a property.

Appraisal 78

Appraisal Inspection Real Estate Buyers 78

The Robert Weiler Company

APRIL 15, 2022

And since commercial real estate for rent or lease is not generally subject to being listed on the MLS (Multi-Listing Service), it can be challenging to find an ideal commercial property for rent in Columbus, Ohio, and the surrounding region in the first place. What does it mean to lease commercial real estate?

Tenants 144

Tenants Landlords Property Taxes Insurance 144

Raleigh Realty

MAY 3, 2021

There are a lot of reasons you should buy real estate when you're young Minimal or No Credit History You build a credit history by making big purchases and regular on-time payments. These challenges can be overcome if you find a great real estate agent. And for one more benefit, you can deduct your property taxes.

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Real Estate Agent Real Estate Insurance Inspection 78

Listing Spark

JULY 5, 2023

When new property investors think about the cost of having real estate investments, they might picture ongoing maintenance and repairs— approximately 1% of the property’s value per year. Presenting a clean and simple contract and taking on some of the fees may make your offer more appealing.

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Investing Real Estate HOA Sellers 36

Eppraisal

MARCH 28, 2023

All inspections are complete and the structure is code-approved. Construction delays and other unforeseen events can postpone a real estate closing. Property taxes can be higher because new infrastructure demands capital investment. " There is no waiting for completion, inspection or certificate of occupancy.

Construction 36

Construction Inspection Property Taxes Home Value 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 304

PennyMac

JANUARY 3, 2024

A contingency clause in the purchase contract allows you to back out of a contract if the sale of your current home doesn’t go through within a specified timeframe. Other home expenses, such as property taxes, utilities, homeowners insurance and often costly homeowners association (HOA) dues, will also continue until you sell.

Real Estate Agent 36

Real Estate Agent Buyers Real Estate Mortgage 36

PennyMac

JULY 10, 2023

Will you use a real estate agent? A real estate agent can help you determine your area’s prime selling period, or you can do the research yourself. Real Estate Agents vs. For Sale by Owner: Which Is Better? Negotiate the sale with the homebuyers and/or the buyer’s real estate agent.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Buyers 36

Will Springer Realtor

MAY 9, 2022

He was one of the authors of a recent report that found signs of a housing bubble in the real estate market. Real estate data firm CoreLogic puts housing markets into one of five categories based on the likelihood that home prices will fall over the coming 12 months. The national numbers are starting to be concerning.

Architecture 36

Architecture Design Buyers Construction 36