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Just Put in an Offer on a Home? Here's What to Expect

Eppraisal

Your offer will only become legally binding if the seller signs it. 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.

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Attracting More Appraisal Business

Cleveland Appraisal Blog

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. So what can we do?

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How to Avoid Scams as a New Homeowner

Eppraisal

    Exploitive Lending and Mortgage Relief There have been 35 mortgage relief scams filed by the Federal Trade Commission in recent years, in which scammers promise to negotiate your rate with mortgage lenders, audit loan paperwork or provide legal services for a fee. Some pretend to be with the government.  Other

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. HOA documents – if you live in an HOA neighbourhood, the appraiser will need to see the costs, regular maintenance schedule, history of fee increases, etc. Fritz for your real estate appraisal.

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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. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Renovation loan assessments.

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The Benefits of Real Estate Appraisals: An In-Depth Look at This Value-Added Service

Aedis Appraisals

With a long-standing history of providing intricate assessments for various legal organisations, insurance companies, and private market financiers, the top-rated real estate appraisers in Vancouver are able to complete all of the following tasks: Direct comparisons to adjacent properties and neighbouring buildings. Vacancy rate analyses.

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26 Reasons to Get an Appraisal

Realvals

The LTV is a percentage that represents the amount of money to lend compared to the value of the home. ” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. An appraisal will help establish this value and ensure you receive proper documentation for your tax records.

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