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Market Data for Real Estate Helps Counter Low-Ball Offers

Home Junction

Market data for real estate can be a blessing when it comes to helping your listing clients respond to off-the-wall, low-ball offers. In one instance, you have sellers enjoying multiple offers on a property and achieving a nice percentage increase above their asking price. Usually because they have to.

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared.

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Purchasing & Developing Land - Part 2 - The Process of Purchasing Land

Eppraisal

Obviously, there are certain elements of home sales that do not apply to the exchange of raw land, at least not yet. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. Another measure of value -- land values, not home values -- is information derived from a raw land appraisal.

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

PennyMac

What is a Real Estate Owned (REO) Property? REO, which stands for “Real Estate Owned,” is a term applied to foreclosed properties whose ownership has transferred to the bank or lender. REO properties are attractive to homebuyers or real estate investors for several reasons.