article thumbnail

How to Conduct a Smooth Real Estate Transaction

McKissock

In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Timeliness and types of inspections. Negotiating counter offers. If the seller does not find the initial offer acceptable (e.g.,

article thumbnail

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

Eppraisal

Negotiating a Purchase Price Again, the tax assessor's office can give you a ballpark figure around which offers and counter-offers can hover. While it might seem counter-intuitive, appraising vacant land is more daunting than doing so for improved land.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

PennyMac

Your agent should also be able to tell you if you need to hire anyone else, such as an attorney or an inspection service, depending on your state and situation. Note: An appraisal, which tries to estimate true home value, is different from a home inspection, which tries to take inventory of current and potential issues.

article thumbnail

10 Real Estate Tips BEFORE You Sell Your Home

Raleigh Realty

Having to exit your home for a last-minute inspection may be among one of the most annoying things about trying to sell your home, however, you want to make sure you are giving as many buyers the chance to see your home as possible. If there are any counter-offers you wish to execute, make sure to also address those as quickly as possible.

article thumbnail

Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. You can practically feel the keys landing in your hand, especially if you're a first-time homebuyer. But before you do there's one last factor to consider: the home appraisal.