Appraisal Buzz

SEPTEMBER 26, 2022

The “official unofficial” government-related loan definition of market value is clear. Also part of the definition: Reasonable market exposure time. Unaffected by special or creative financing or sales concessions granted by anyone associated with the sale” . Let’s pretend market value is market value.

Market Value 321

Market Value Sellers Buyers Finance 321

Housing Wire

OCTOBER 9, 2023

And third, the only thing of value that the referring party may receive is a return on an ownership interest. What the investigators are finding — not in every case, but in a majority of the cases — is that the investment is proper and they are paying fair market value for the investment.”

Real Estate 425

Real Estate Insurance Brokerage Real Estate Agent 425

Housing Wire

DECEMBER 19, 2022

But the high-rate environment seems to have exposed the vulnerability of lenders that are more reliant on refinancings through a call center model and don’t have strong relationships with local real estate agents. Now that the refi market slowed down they have time and are doing the customer support for agents again.”.

Mortgage 377

Mortgage Real Estate Agent Clients Business 377

Housing Wire

APRIL 5, 2024

Altos considers anything above a Market Action Index of 30 to be a seller’s market. While the San Francisco-Oakland-Fremont housing market may be decently hot, local real estate agents feel that it could be hotter. In comparison, Seattle-Tacoma-Bellevue , the top-ranked metro area, had a score of 64.53.

Housing Market 377

Housing Market Marketing Inventory Agents 377

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. As the home buyer of this piece of real estate, you’re entitled to choose the title company.

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Buyers Inspection Contracts Real Estate Agent 208

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Eppraisal

JUNE 20, 2023

Now that you've assessed your financial readiness, obtained a pre-approval for a mortgage, and engaged a real estate agent, it's time to dive into the exciting process of researching and finding your dream home. In the first blog of our series, we covered the basics of preparing yourself for buying your first home.

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Real Estate Agent Open Houses Real Estate Inspection 36

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. Hire a real estate agent to help you price competitively!

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Raleigh Realty

FEBRUARY 24, 2022

This is unlike a Real Estate Agent whose goal is to secure you the highest price possible when selling your home. The Real Estate Agent does take a fee though the best Agents usually will net you a price far higher than their commission making the return on investment more than worth it.

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Real Estate Agent Real Estate Sellers Agents 113

Cleveland Appraisal Blog

MARCH 30, 2021

Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. I also developed the replacement value, and I had comparable land sales from the neighborhood. Does this seem healthy to you?

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Realtor

MARCH 7, 2023

The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. The USDA home loan appraisal process To prove that a home meets the USDA’s criteria, all homes financed by USDA loans must undergo an appraisal.

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Inspection Appraisal Market Value Finance 111

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? There is a difference.

Real Estate Agent 89

Real Estate Agent Real Estate Clients Agents 89

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 89

D Fritz Appraisals

FEBRUARY 22, 2023

It represents the difference between what they owe on their home and its current market value. Using equity to buy a second home can be attractive for those looking for additional real estate investments. We have provided reliable real estate lending, sales, and appraisals for four decades in Victoria, BC.

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Real Estate Investing Appraisal Market Value 124

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. I hope you find her article to be helpful!

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Renovations Buyers Appraisal Investing 221

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. As the home buyer of this piece of real estate, you’re entitled to choose the title company.

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

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Appraisal Real Estate Agent Contracts Real Estate 82

PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Raleigh Realty

AUGUST 27, 2021

The first step that you can personally take is to look at your finances. How Do I Know If My Real Estate Agent Is The Right Fit For Me? Much like buying a home, choosing a real estate agent is not something that should be taken lightly. It can be an extremely demotivating position to be in.

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

Realtor

DECEMBER 15, 2016

Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA. Low appraisals tend to occur in hot housing markets, where home buyers are often forced to pay above market value for a home. Appeal the appraisal.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA. Low appraisals tend to occur in hot housing markets, where home buyers are often forced to pay above market value for a home. Appeal the appraisal.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

AmeriMac

SEPTEMBER 15, 2023

Understanding the Importance of Appraisal in Real Estate Appraisal plays a crucial role in the real estate industry, determining the market value of a property. Mortgage lenders rely on appraisals to assess the value of a property for financing purposes.

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Appraisal Appraisal Process Real Estate Real Estate Agent 36

D Fritz Appraisals

OCTOBER 11, 2022

Read on for more information about how a home appraiser determines the value of your property. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Mortgage financing and refinancing. Estate settlements. Renovation loan assessments.

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Appraisal Inspection Property Taxes Easement 105

Birmingham Appraisal

AUGUST 8, 2023

Set it too low, and you may lose out on the true value of your property. A pre-listing appraisal performed by a professional appraiser can provide you with an unbiased and accurate assessment of your home’s market value. This can provide you with a more favorable reputation among real estate agents and buyers.

Appraisal 78

Appraisal Buyers Real Estate Investing 78

McKissock

OCTOBER 13, 2020

Between the complexities of the real estate market and the changeable landscape of financing and property value, your clients likely have an abundance of questions regarding the sale of their home. We’ve also re-capped some common answers from our network of real estate experts.

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Clients Advertising Real Estate Market Value 84

Will Springer Realtor

OCTOBER 19, 2021

Buyer is financing the purchase through a mortgage lender and the underwriter wishes to confirm the value of the home before issuing the loan. (No No lender will approve a mortgage on a home that is valued less than the agreed sales price.). Discuss price with your agent before listing. and “shoot!”

Contracts 41

Contracts Appraisal Sellers Real Estate Agent 41

Quicken Loans

JUNE 8, 2021

But if you work with a real estate agent who understands your local foreclosure market, the stress shouldn’t be much higher than during a traditional home buy. The bank will likely hire a local real estate agent to put it on the market. Hire An Experienced Real Estate Agent.

Real Estate Agent 72

Real Estate Agent Inspection Government Real Estate 72

Zillow

JULY 15, 2019

A closing is usually attended by the buyer, the seller, both real estate agents and the lender. Closing of escrow is the responsibility of the escrow agent. Comps : Or comparable sales, are homes in a given area that have sold within the past six months that a real estate agent uses to determine a home's value.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

If you plan on selling your home, you have two options- either contract a real estate agent to properly help you price and market the home or get an appraisal so that you can maximize your income from the sale. When you are a cash buyer you definitely want to get an appraisal.

Appraisal 50

Appraisal Renovations Real Estate Valuation 50

Appraisal Today

OCTOBER 20, 2023

Not all non-lender appraisals require a long time marketing to real estate agents. I give you the details on how to do them and lots of marketing tips. Savvy listing agents will highlight those trending, in-demand features when marketing a home for sale.” You know how to appraise.

Appraisal 71

Appraisal Design Contracts Inspection 71

Portland Appraisal Blog

APRIL 14, 2019

You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off.

Appraisal 78

Appraisal Reconsideration of Value Agents Market Value 78

Realtor

AUGUST 1, 2018

A licensed, HUD-approved appraiser will determine the market value of the home and do a “health and safety” inspection to check for crucial problems such as a crumbling foundation or issues with the mechanical systems.

Inspection 136

Inspection Insurance Buyers Renovations 136

AmeriMac

APRIL 15, 2024

A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. By mastering how to order a home appraisal quickly, you can ensure a smooth and efficient process in your real estate endeavors.

Appraisal 36

Appraisal Appraisal Process Real Estate Renovations 36

Realtor

AUGUST 1, 2018

A licensed, HUD-approved appraiser will determine the market value of the home and do a “health and safety” inspection to check for crucial problems such as a crumbling foundation or issues with the mechanical systems.

Inspection 78

Inspection Insurance Buyers Renovations 78

Appraisal Today

APRIL 2, 2023

It is also explicit in pointing out that while borrowers may rely on the report for their mortgage finance purposes, they are not intended users. = Richardson, a real estate agent, attorney, and co-founder of Richardson, Ober, DeNichilo. To read many practical tips, click here My comments: Worth reading.

Contracts 52

Contracts Appraisal HOA Architecture 52

Clear Capital

SEPTEMBER 29, 2021

So there’s this real estate agent — are you with me? I mean, like, total disaster of a listing that’s been sitting on the market for months in the midst of a very hot seller’s market. So it gives the seller by far the most powerful offer in the market to receive and accept.

Sellers 69

Sellers Agents Real Estate Buyers 69

Lifestyle Properties of Maine

AUGUST 6, 2019

“An appraisal is a licensed appraiser's opinion of a home's market value based on comparable recent sales of homes in the neighborhood.” Following the accepted contract is the period for completing due diligence this could include inspections, securing financing, etc.

Real Estate 28

Real Estate Appraisal Inspection Contracts 28