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When — And Why — Are You Required to Have Commercial Real Estate Appraised?

Appraisal Hub

An appraisal acts as a compass, guiding you to a fair transaction, ensuring that the essence and worth of the property are rightfully acknowledged. Financing Ventures: When you seek financial backing, lenders look for a solid ground to stand upon. Legal and Tax Matters: Sometimes, the journey encounters legal twists and turns.

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How Residential Real Estate Appraisers Can Benefit and Help Accountants Do Their Job

Birmingham Appraisal

By providing accurate appraisal reports, appraisers enable accountants to make informed decisions and advise clients on property investment strategies, including rental income projections, capitalization rates, and return on investment calculations.

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When borrowers ‘ghost’ their servicers

Housing Wire

Goldstone, who is president of Capital Markets & Lending at BSI Financial Services , estimates that between 20% to 25% of borrowers in BSI’s servicing portfolio have been non-communicative, he told HousingWire. So, I don’t expect to see a lot of activity in courts or in the legal system to accelerate the foreclosure process.”.

Law 363
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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. A land contract, also known as a land installment contract, is an executory financing agreement between a seller and a buyer. On the flip side, a land contract is the sale of a property, where the seller finances the deal.

Contracts 143
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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. Read on for more information about how a home appraiser determines the value of your property. Mortgage financing and refinancing. Reviewing / appealing property tax assessment.

Appraisal 105
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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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What Metaverse real estate means for mortgage professionals

Housing Wire

Actual” real estate is defined as property consisting of land or buildings, and everything that is permanently attached to the land. There is a legal description. In Decentraland or Sandbox, for example, the legal descriptions are individual pixels (essentially code) that define the “parcels.” Lending is lending.