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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “The definition of market value.” ” “How value is derived.”

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Say What? Home-Buying Lingo You Should Know

Zillow

A closing is usually attended by the buyer, the seller, both real estate agents and the lender. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more. Closing of escrow is the responsibility of the escrow agent. Lenders reward lower LTV ratios.