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Non-Arms Length Sales for Appraisers

Appraisal Today

. = GSEs Confirm Existing Policy on Concessions from real estate agents’ payments of buyer agent’s commission Fannie Mae and Freddie Mac (GSEs) each released notices that confirmed that their policies will continue to exclude seller or listing agent payments of buyer agents’ commission from interested party contributions (IPCs).

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7 Tips: How to Measure Square Footage of a House

Raleigh Realty

Although a standard for measuring square footage isn’t in place, it is important to be as precise as possible when calculating a home’s square feet, as that number can impact home values. Hiring an appraiser is typically only helpful if you are selling your home on your own.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

They are also used to assess the value of the home for home improvement loans and insurance evaluations. Read on for more information about how a home appraiser determines the value of your property. What is a Home Appraisal and Why is it Important? Renovation loan assessments. Estate settlements.

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Pros and Cons to Selling a House As Is

PennyMac

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. The lender initiates legal proceedings against the borrower to foreclose on the property. Foreclosure. Step 6: Make an Offer.

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Material Shortages Causing Housing Problems – Real Estate Market Update

Quicken Loans

Today, we would like to spotlight another factor causing issues in the housing market and possibly even delaying construction of homes in some areas. There’s a real shortage of the necessary materials for constructing and renovating homes at this point. Case-Shiller Home Price Index. New Residential Construction.