Remove Home Value Remove Inspection Remove Real Estate Remove Sellers
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Market Correction or Seller Panic?

Appraisal Buzz

Assuming a $250,000 loan was committed on December 31, 2021, your monthly payment was approximately $1,007 exclusive of escrow for real estate taxes and insurance. Therefore, it begs the question: what will happen to home values? Sellers are panicking right now which is almost always an opportunity for buyers.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

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Appraisal or Inspection: Which Do You Need?

East Coast Appraisal

While trying to buy a home, you may have found out that some lenders require their borrowers to have an appraisal and/or an inspection completed. Some lenders may only require an appraisal and leave the decision about an inspection up to you. During an appraisal, the buyer or seller doesn't need to be present.

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Why Buyers Shouldn't Waive Inspection Contingencies

Eppraisal

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. The inventory of homes available is historically low. Buyers are pulling many different strings in order for their offers to be accepted including offering sellers significantly above list prices.

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How a Seller’s Home Inspection Can Net You More Money When You Sell

Eppraisal

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well.

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Why Sellers Shouldn't Ask to See Inspection Reports

Eppraisal

They also help protect the sellers from any future liability. Homes with no known defects also have higher home values. The lead-based paint disclosure is a federal seller's disclosure requirement. The disclosures help protect the buyers. This is not a good idea, for liability reasons.

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Winter Home Inspections

Eppraisal

If so, you'll need to be aware of how the weather can affect your home inspection as there may be a few challenges. You'll want to make sure you are purchasing a home that is free of major defects and safety hazards, as a solid and safe home will help to maintain your future home value.