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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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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.