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Home Appraisals – What Do They Look For?

D Fritz Appraisals

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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Real Estate Sales Agreements: Understanding Your Contract

Movoto

An officially accepted offer between a buyer and seller puts a home under contract, which is essentially the final stretch before real estate closing when the property is transferred to the buyer. real estate closing) and the moment you, as the buyer, receive the keys to your new property. Signatures.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract. Inspections are an expense that is paid by the buyer. Due Diligence: What Is it?

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Say What? Home-Buying Lingo You Should Know

Zillow

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. Attorney state : A state in which a real estate attorney is responsible for closing.

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A complete guide to closing on your first home

Movoto

You’ve worked with a real estate agent , toured an endless number of properties, got an offer accepted , navigated the mortgage process , and now you’re in the final stretch. Signing mortgage documents at your home closing. It also allows the bank to foreclose on the property should you default on the loan.

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Appraisers: How to Manage Your Emails

Appraisal Today

AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. There have been numerous instances in which I have not been able to get ahold of a contact for an inspection only to find out weeks later that the AMC gave me the wrong contact information. Property taxes and tax rates vary widely.

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Everything You Need to Know About Closing Cost Credits

Lamacchia Realty

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. The sellers take care of paying for the REALTOR® commission, whereas buyers cover transfer fees and other documentation fees.

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