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Going to Extremes

Appraisal Buzz

Does the cost of homeowners insurance affect the price of a home? In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. In some markets, the answer is increasingly yes.

HOA 370
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Real Estate Sales Agreements: Understanding Your Contract

Movoto

This is a legally binding agreement between the buyer and seller that helps ensure the sale will be completed according to the contract’s outlined conditions. Repairs and other changes that can arise as a result of home inspection fall under the contingency category of real estate purchase contracts. Title and Insurance.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. They are also used to assess the value of the home for home improvement loans and insurance evaluations. Valuation for insurance claims. Functionality of design and layout.

Appraisal 106
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5 best Arizona real estate schools for 2024

Housing Wire

Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). Includes Agency Law, Contract Law, Commissioner’s Standards, Disclosure, Fair Housing, Legal Issues & General.

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15 Costs to Consider When Starting an Appraisal Business

McKissock

Consider establishing side businesses such as home inspection, staging, and perhaps even brokerage. (It An online legal team such as Rocket Lawyer can provide templates for various legal documents, as well as personalized legal advice, for a monthly fee—usually less than $100. Business insurance is a must.

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New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. A variety of clients could engage you, such as taxpayers, agents representing taxpayers, legal and financial advisors, and hearing boards.

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When borrowers ‘ghost’ their servicers

Housing Wire

That is exactly what millions of forbearance plans and a federal moratorium were designed to avoid during the pandemic. I usually figure a cost between 4% to 5% of the loan balance per year to property taxes, insurance, legal, servicer, inspections, in the judicial states, and between 2% and 3% in administrative states.”

Law 362