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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Any existing easements or zoning issues. Current real estate market conditions. Future potential for development of the home. Lot: Size and topography of the lot.

Appraisal 105
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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). I first started writing a real estate column in the local newspaper back in the late 1980s but did not like it. What is your market like?

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11 Land Buying Tips: How to Buy Land

Raleigh Realty

In general, there are three kinds of land you can purchase, and this determines how much down is required, as each requires its own kind of loan: Raw Land Loan: Raw land is when there is no development: no sewers, no electricity, and no roads. Raw land can be very expensive to develop.

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9 Things to Know BEFORE Your Home Appraisal

Raleigh Realty

Mortgage lenders do not want to lend more money for a home than the home is worth. Department of Housing and Urban Development (HUD) or the Consumer Financial Protection Bureau. If that happens, your real estate agent will have to negotiate with the seller to see if they will bring their sale price down to $350,000.

Appraisal 148