Eppraisal

OCTOBER 5, 2022

Now that the real estate market is transitioning with softening sales and rising interest rates, it is important to be in the know as a home buyer. Here's how to prepare yourself for the ride: Align with an Agent Find a real estate agent who is local, knowledgeable and experienced.

Buyers 68

Buyers Real Estate Agent Marketing Sellers 68

Eppraisal

AUGUST 26, 2022

This means that the sizzling hot seller's market will be softening up a bit. In fact, home values are still rising. In order to maximize sales prices, sellers should follow a few strategies. Price Your Home More Strategically Buyers have been pricing their homes higher and higher over the past two years.

Sellers 36

Sellers Real Estate Marketing Real Estate Agent 36

Eppraisal

DECEMBER 23, 2022

Earlier this week we explored the real estate transaction from the perspective of the Buyer. We'll now dissect the entire real estate transaction from the perspective of the seller. If a buyer calls you directly or knocks on your door, refer them to your listing agent.

Real Estate 36

Real Estate Sellers Inspection Contracts 36

Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Realtor

AUGUST 7, 2019

If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. And they may not accept an appraisal that the seller did at the time of listing.”. The final word?

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Sellers Appraisal Market Value Real Estate Agent 78

Eppraisal

MAY 17, 2022

It’s been a seller’s market for quite some time now. This is mainly due to the lack of inventory of homes for sale and that home values are rising. Many buyers lose out on homes they put offers on more than once before finally having an offer accepted. This may not be the case.

Real Estate Agent 69

Real Estate Agent Sellers Legal Buyers 69

Eppraisal

JULY 19, 2022

Unsure if you should hire an attorney to represent you in your real estate transaction, ask your real estate agent or mortgage lender. A real estate attorney has quite a few roles in a real estate transaction. It is advised that you forward the inspection reports to your attorney.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

Eppraisal

SEPTEMBER 28, 2022

The real estate market is starting to change. We are experiencing a shift from the sizzling hot seller's market we have had the past couple of years to a more balanced market. Home values are not expected to go down, however, they are not going to continue going up at the double-digit rates they have been.

Buyers 68

Buyers Inspection Home Value Sellers 68

Eppraisal

AUGUST 30, 2022

There is a lot of news in the media about the real estate market starting to cool down for sellers and balance out for buyers. Offer Market Price Buyers still need to offer at least market price for a home, perhaps higher. Home values are still going up. If you are a buyer, you may be getting giddy about it.

Real Estate 36

Real Estate Buyers Real Estate Agent Marketing 36

Eppraisal

FEBRUARY 28, 2023

From time to time the terms "contingent" and "pending" are used interchangeably in a real estate transaction. They have different impacts on both the buyer and the seller in a real estate deal. Contingencies create risks for the home seller. Most buyers have a whole house inspection.

Inspection 36

Inspection Contracts Sellers Real Estate 36

Eppraisal

MARCH 10, 2023

Sell, Rent and Then Buy Since the market is still more on the seller's side, you might want to sell your home first and get your money in the bank. If you are open to renting short-term before you find your new home, this is a desirable position to be in. . "House

Sellers 68

Sellers Home Value Real Estate Real Estate Agent 68

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Each step will get you closer to a successful home closing. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

Cleveland Appraisal Blog

MAY 13, 2021

In a real estate transaction, everyone has a different view. There is the owner of the home, who has a view of what they feel their home is worth. Buyers have their view of how much they are willing to pay for a home. And, of course, we appraisers have our views of what a home is worth. .

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Market Value Contracts Appraisal Buyers 298

Eppraisal

MAY 18, 2021

Buyers are finding themselves in multiple offer situations which means many are being outbid for homes, often more than once. If you've been outbid for another home, keep your head up. Here are few ideas your real estate agent might have up her sleeve to help you. Be prepared to purchase the home "as is."

Real Estate Agent 69

Real Estate Agent Sellers Buyers Home Value 69

Eppraisal

SEPTEMBER 30, 2021

It is one of the strongest seller's markets we've ever seen in the real estate industry. The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Home values are rising. Many real estate contracts have this provision written in as an optional paragraph.

Inspection 36

Inspection Sellers Contracts Real Estate 36

Eppraisal

JULY 1, 2022

Of course every home sale will always include the owner, but FSBO refers to a very specific type of sale where the homeowner handles the sales process without the aid of a real estate agent. In 89% of real estate transactions, a homeowner will use an agent or broker to market the property and handle the paperwork.

Real Estate Agent 36

Real Estate Agent Real Estate Home Value Legal 36

Eppraisal

MARCH 15, 2022

When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. This type of representation has many advantages including requiring your agent to place your interests above their own. Explain real estate terms.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

Zillow

JULY 15, 2019

Approved for short sale : A term that indicates that a homeowner’s bank has approved a reduced listing price on a home, and the home is ready for resale. Look for this accreditation or something similar when shopping for a home inspector.). Buyers should budget for an amount that is 1% to 3% of the home's purchase price.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Eppraisal

JULY 12, 2022

As home values have been rising, so have earnest money amounts. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money. Your real estate agent will guide you on the amount of earnest money to offer that is typical or expected in your market.

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

Eppraisal

NOVEMBER 23, 2021

The real estate market is still hot and there are currently more buyers than homes available for sale. So far in this year's fall real estate market, home values continue to rise. Despite the super seller's market, appraisers are protecting the mortgage companies' interests.

Appraisal 36

Appraisal Real Estate Agent Real Estate Inspection 36

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Eppraisal

OCTOBER 2, 2021

It's imperative, now more than ever, to have an experienced real estate agent who has your best interests at heart. There are key skills you should look for in your listing agent or selling agent. The real estate markets in 2020 and so far in 2021 have been like no other.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

PennyMac

SEPTEMBER 6, 2023

The home-selling process can be challenging at times. This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. You may also be required to make repairs to meet certain state standards in order to sell your home.

Renovations 36

Renovations Inspection Sellers Buyers 36

Realtor

MARCH 7, 2023

These loans have no home value limits at all, although they do have income limits. ” In some cases, experts advise it might be wise for a potential homebuyer to pay to have a home inspection done prior to the official appraisal. The post Does the Home You Want To Buy Qualify for a USDA Loan?

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Inspection Appraisal Market Value Finance 111

Eppraisal

NOVEMBER 12, 2021

Selling your home can be profitable in today's seller's market as home values have risen significantly this year. What's taken many sellers by surprise this year, however, is that some homes haven't been appraising due to these higher sales prices. The appraiser will research before visiting your home.

Appraisal 36

Appraisal Real Estate Agent Real Estate Buyers 36

Eppraisal

MAY 24, 2022

Today's real estate market is still "hot" and continues to break records. With homes selling faster than ever before, home values are rising at higher rates than ever before. The inventory of homes available for sale is at its lowest in history.

Agents 36

Agents Real Estate Agent Brokerage Real Estate 36

Raleigh Realty

MAY 3, 2021

The challenges of buying a home as a recent college graduate are similar to that of buying a home as a government employee. These challenges can be overcome if you find a great real estate agent. Build Equity Your home will have a value assigned to it, and you'll be making mortgage payments.

Real Estate Agent 78

Real Estate Agent Real Estate Insurance Inspection 78

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. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage. An appraiser will also evaluate your home's foundation and its condition.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

PennyMac

DECEMBER 22, 2020

REO properties are attractive to homebuyers or real estate investors for several reasons. In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Step 7: Have the Property Inspected.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

PennyMac

JUNE 28, 2022

More specifically, closing costs are fees that you (as the buyer) will pay to third parties who have performed services for purchasing your home. At this point in the home buying process, you’re probably wondering why closing costs are necessary. Closing costs can apply to both the buyer and seller. Who Pays Closing Costs?

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Houston Properties

MAY 6, 2020

A home seller guide from the number one Realtor in Houston. We’re able to accomplish this because we know what it takes to be able to sell your Houston home fast and for more money. We’ve gained experience as the #1 boutique real estate team in Houston, and have gathered data from our database of 30,000 buyers.

Renovations 66

Renovations Realtors Sellers Home Improvement 66

Raleigh Realty

MARCH 29, 2021

This means that it's harder to know a local neighborhood well before searching for homes. Changing locations may make it feel like committing to a home isn't worth the effort, too. With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

PennyMac

JANUARY 3, 2024

For example, in a buyer's market, homes tend to remain listed for longer and may sell at a lower price. This is great for you as a buyer but not as a seller. You’ll want to price your house competitively, make necessary repairs and stage your home to attract buyers. Find a reputable and licensed real estate agent.

Real Estate Agent 36

Real Estate Agent Buyers Real Estate Mortgage 36

Raleigh Realty

MARCH 26, 2022

Questions are going to come up and your agent will be there every step of the way to help you through the process: What is a home appraisal? Is a home inspection worth the cost? Do I need a Real Estate Attorney? How do I measure the square footage of a home? How does a due diligence fee work?

Real Estate 148

Real Estate Buyers Agents Contracts 148

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A However, 71% of agents in Houston have sold less than 5 homes their entire career." About 71% of agents in Houston have sold less than 5 homes their entire career. Get PDF Now. I’m A Buyer.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Houston Properties

JUNE 22, 2021

How To Sell Your West University Home Fast For The Most Money. Expert Home Seller Guide From The Best West University Realtor. We achieve these numbers because we know what it takes to sell your West University home fast and for more money. West University Home Seller Resources. Free Home Valuation.

Real Estate 36

Real Estate Realtors Sellers Valuation 36

Realtor

DECEMBER 11, 2017

The most strenuous part of the home-selling process is already over. How do you actually sell a piece of real estate to a member of your family? To hire—or not hire—a real estate agent. It can be tempting to bypass the regular process of hiring a real estate agent to broker the deal.

Real Estate 78

Real Estate Real Estate Agent Legal Agents 78