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Do Appraisal Gap Clauses Impact Appraisals?

Cleveland Appraisal Blog

I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? An appraisal gap clause can be written into a contract. In this hot market, it’s not surprising that this type of clause is being written into some contracts. But not always.

Appraisal 397
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9 tips for homebuyers in non-disclosure states

Housing Wire

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. With the right knowledge and strategies, you can still negotiate a fair deal, even with the challenge of “hidden” numbers.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

If the appraised value ends up matching or is higher than the contract price, the transaction can continue as planned. Should the appraisal come in lower than the contract price, the closing process may be impacted. If the seller is eager to sell the property, they might lower the listing price to match the appraisal.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

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?

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7 best real estate schools in Florida (FL) for 2024

Housing Wire

Exam Math Cram consists of 5 real estate math practice tests to test your knowledge on real estate math formulas, calculating commission, and calculating property taxes. Includes Pathway to Professionalism Presentation and In-depth review of the REALTOR® Code of Ethics Package Features Premium: Coursework.

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Appraisals: Using Comps Across a Freeway?

Appraisal Today

How to maximize deductible expenses by timing payments Pay as many bills as you can by the end of the year, such as property taxes, software maintenance agreements, etc. I’ll go through a presentation, and then we’ll do Q&A. For the link to the Zoom presentation Click Here Full link if Click Here above does not work.

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How To Appraise Rural Properties

Appraisal Today

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. By Dallas T.