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Home Appraisals – What Do They Look For?

D Fritz Appraisals

A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Any existing easements or zoning issues. Current real estate market conditions. Future potential for development of the home. What is a Home Appraisal and Why is it Important?

Appraisal 105
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3 Things You Should Know About Preliminary Title Reports

Zillow

It documents ownership, vesting, and detail regarding anything recorded against the home, such as liens, encroachments, or easements. The legal description The legal description is everything you won't see in any real estate agent marketing or advertising. Easements.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). There is administrative time involved, as well as legal factors. The anticipation includes the additional burden on lenders as well as appraisers.

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9 Things to Know BEFORE Your Home Appraisal

Raleigh Realty

Mortgage lenders are legally required to abstain from discriminating against a borrower on the basis of sex, religion, race, marital status, disability, age, national origin, or use of public assistance. Department of Housing and Urban Development (HUD) or the Consumer Financial Protection Bureau. How much does a Home Appraisal Cost?

Appraisal 148