D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

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Birmingham Appraisal

JUNE 13, 2023

This can include a copy of the listing sheet, a list of recent improvements or upgrades, a plat map or survey, a floor plan, and any other relevant documents. They cannot base their value opinions on anything other than their own analysis of the market data and their professional judgment.

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Eppraisal

OCTOBER 23, 2023

Once the document has signatures from both parties, do the following to see the agreement through: Deposit Earnest Money Pay an earnest deposit — 3% to 5% of the selling price — to show you’re serious about the purchase. Arriving at a verbal agreement differs from being in a contract. The seller can pick a different one.

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D Fritz Appraisals

MARCH 16, 2021

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals.

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Town & Country Residential Appraisals

APRIL 10, 2023

Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. How could this go wrong?

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AmeriMac

APRIL 15, 2024

A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser.

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Appraisal Hub

JANUARY 11, 2021

Property appraisal services are meant to determine a commercial property’s market value. Think of the property appraiser as a ‘property detective’ who gathers and analyzes statistics, facts, and other crucial information about the property to form opinions on its value. It’s not the same as a property inspection.

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East Coast Appraisal

JULY 7, 2022

It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. Some people falsify their property's information to increase its market value. For example, some property owners provide fraudulent documents showing their property sits on arable land.

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Eppraisal

DECEMBER 20, 2022

Home Inspections The contract allows a certain number of days for you to have home inspections performed at your expense. These may include a whole house inspection, a radon inspection, a mold inspection, a pest inspection, a sewer inspection and a lead-based paint inspection.

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The Robert Weiler Company

APRIL 12, 2023

While this helps expedite the process, the lack of on-the-ground property inspection leaves some Ohio residents nervous. And, how can property owners potentially challenge new property values? Members of the public will have an opportunity to disagree with their property’s assessed value and offer counter documentation.

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Premier Home Appraisal Blog

MAY 30, 2023

Our Virginia home appraisers will look at various factors, such as the size of your home, the number of bedrooms and bathrooms, and the condition of your home, to determine its fair market value. The real estate appraiser will come to your home and conduct an inspection. Conclusion - Is it time to remove your PMI?

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Boston Appraisal

MAY 27, 2019

And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority. In any case, the most reliable way to find out the fair market value of a home is to order an estate appraisal, also known as a time-of-death appraisal or probate appraisal.

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Zillow

JULY 15, 2019

Appraisal : An informed, impartial and well-documented opinion of the value of a home, prepared by a licensed and certified appraiser and based on data about comparable homes in the area, as well as the appraiser's own walkthrough. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more.

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AmeriMac

JANUARY 15, 2024

A home appraiser is a qualified professional who evaluates the value of a property. They consider various factors such as the property’s size, condition, location, and comparable sales data to determine its market value. The appraisal process involves a meticulous inspection of the property to determine its key elements.

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Will Springer Realtor

MARCH 7, 2023

Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. For residential parcels, fair market value is generally determined by analyzing recent sales of comparable properties in the same area.

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Appraisal Partners Blog

OCTOBER 28, 2019

A home appraisal is usually requested by a lender to estimate the market value of your home. Contact is Made and a Property Inspection is Scheduled. As part of this process, the appraiser and yourself will decide when you want to have a property inspection carried out. The Appraisal is Carried Out.

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Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale. Provide documentation if necessary.

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AmeriMac

OCTOBER 15, 2021

They’ll use everything they learn – coupled with additional information about the local housing market and other factors – to determine a fair market value for the property. During the exterior inspection part of this process, things will proceed much as they always have.

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McKissock

OCTOBER 29, 2021

Be thorough; don’t cut corners, and document everything. ” “Remain unbiased at all times and use reliable data to support your value conclusions.” ” “Be thorough on your inspections.” The inspection part is the easy part. Be patient. Embrace technology. Study, study, study!

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Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process.

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Raleigh Realty

AUGUST 27, 2021

For this process, some of the common documentation that you will need to provide to the lender include your most recent pay stubs, tax returns, marriage licenses, divorce settlements, child support documentations, and bankruptcy documents. Inspection - Why do we conduct a home inspection once you have made an offer on a home?

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Listing Spark

DECEMBER 9, 2020

Document Preparation: When you close, there are several documents you sign such as the warranty deed. Those documents are put together by a third party attorney. Delivery/Courier Fees: When a closing happens, a lot of documents need to be collected and mailed. Buyer and Seller will each pay an escrow fee at closing.

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PennyMac

JUNE 28, 2022

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. These are many of the fees that may be included in closing costs that you should be aware of as you prepare your closing documents: Application Fee. Lead-Based Paint Inspection. Courier Fee.

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Appraisal Today

JANUARY 5, 2024

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. Chance to really irritate annoying real estate salespeople.

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Appraisal Today

OCTOBER 20, 2023

The inspection was uneventful. I was given a lockbox combination and inspected the vacant home. The lender may also contact the In-Plant Primary Inspection Agency or the manufacturer for the HUD Data Plate information. This approximately 900sf, 1.5 story, 2-bed, 1-bath cabin was situated on a critically sloped 2.5

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Lifestyle Properties of Maine

AUGUST 6, 2019

“An appraisal is a licensed appraiser's opinion of a home's market value based on comparable recent sales of homes in the neighborhood.” Some people confuse a real estate appraisal with a home inspection. An inspection an investigation of a home by a licensed inspector. An appraisal is seeking value.

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AmeriMac

APRIL 29, 2021

If homeowners are planning to put their house on the market, a pre-listing appraisal can help them get a better understanding of the latest market values. During home appraisals, an expert and licensed appraiser will conduct an in-depth and comprehensive inspection of your property. How Are Homes Appraised? Final Words.

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AmeriMac

APRIL 29, 2021

If homeowners are planning to put their house on the market, a pre-listing appraisal can help them get a better understanding of the latest market values. During home appraisals, an expert and licensed appraiser will conduct an in-depth and comprehensive inspection of your property. How Are Homes Appraised? Final Words.

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AmeriMac

APRIL 29, 2021

If homeowners are planning to put their house on the market, a pre-listing appraisal can help them get a better understanding of the latest market values. During home appraisals, an expert and licensed appraiser will conduct an in-depth and comprehensive inspection of your property. How Are Homes Appraised? Final Words.

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The Robert Weiler Company

MAY 18, 2022

Though, keep in mind that commercial real estate doesn’t always sell at market value. While cleaning does apply to all properties, with office buildings, in particular, prospective buyers will be inspecting every area for prime cleanliness. But you can estimate your ROI based on comparable property sales. Clean everything!

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Realvals

JUNE 18, 2023

An appraisal will provide you with the current market value of your real estate. In some cases, if you and your spouse cannot reach an agreement on the value of your shared property, a court may require a professional appraisal. You’ll learn the current market value, and even valuable income info if requested.

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Appraisal Today

JANUARY 20, 2023

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. What is happening in your market? MLS info can be unreliable.

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D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a legal document that determines fair market value for a property. The appraisal process includes an inspection of the property and research of comparable properties in the local area by a qualified professional. What is an Appraisal, and Who Pays for it?

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Cleveland Appraisal Blog

FEBRUARY 17, 2021

If a home needs major repairs, clearly this can have a negative impact on market value. Especially if the repairs are on the interior since assessor’s usually do not make interior inspections. I explained why a full interior inspection is better. But they insisted on not having an interior inspection made.

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Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. For example, if one of the sold comps had an additional parking space, you’ll want to adjust its sold price down based on the local market value of a parking space.

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Realtor

OCTOBER 29, 2020

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. It’s rarely advisable to waive an inspection contingency. This official document outlines your exact mortgage payments, the loan’s terms (e.g.,

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Birmingham Appraisal

MAY 2, 2023

A retrospective appraisal is an appraisal that is performed on a property with an effective date that has occurred before the actual date of the inspection. This type of appraisal is often used for estate and tax purposes, as it can help establish the market value of a property at a prior point in time.

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