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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. They are also used to assess the value of the home for home improvement loans and insurance evaluations. Valuation for insurance claims. Any existing easements or zoning issues.

Appraisal 105
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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

There is administrative time involved, as well as legal factors. In more recent downturns, such as during the 2008 recession, many foreclosures were due to bad lending. To read the Fannie document, Click Here My comments: What will happen to owners and buyers who cannot get insurance or whose costs will go way up?

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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. Any existing easements on the property which legally allow another party to use someone else’s property.

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

The physical, legal, or economic descriptions of the property are in question. Two of the best examples occur when there is lending involved or litigation pursued. Consider the grantor’s position when considering a disbursement for a mixed-use development, conservation easement, or specialty use property. Grant Applications.

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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

” “I have a life long time in agriculture and worked at a title company, giving me a good understanding of legal descriptions and easements.” Also, I have appraised multiple airports and done various easement studies for research.” My focus is lending institutions appraisals.”