Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. Therefore, the final price may not reflect the market value of the property.

Appraisal 77

Appraisal Real Estate Real Estate Agent Contracts 77

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

Realtor

MARCH 7, 2023

Additional requirements for direct loans from the USDA Very low-income homebuyers might qualify for a direct loan from the USDA, but applicants should know that these homes must meet extra requirements in addition to those listed above. These loans have no home value limits at all, although they do have income limits.

Inspection 111

Inspection Appraisal Market Value Finance 111

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

Zillow

JULY 15, 2019

Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer. Closing of escrow is the responsibility of the escrow agent.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Eppraisal

JANUARY 17, 2023

If you are a real estate investment property owner, you should have a professional analysis performed each year. A licensed real estate agent can perform the analysis to determine how much your property is worth and if your monthly rent is in line with market value rents. Considering selling?

Investing 36

Investing Real Estate Landlords Investors 36

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. Homeowners Insurance.

Insurance 36

Insurance Property Taxes Sellers Inspection 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. .

Market Value 298

Market Value Contracts Appraisal Buyers 298

Listing Spark

MARCH 15, 2022

Potential buyers may think that you don’t take care of your property and this could lower the value of your home. The Appraisal Institute has warned that bad neighbors can lower home values by as much as 10%. Finally, it’s important to keep all of the systems in your home up-to-date. Love this list?

Appraisal 36

Appraisal Renovations Contracts Buyers 36

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.”

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. How appraisals affect the sale.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. How appraisals affect the sale.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

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

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

Assurance Financial

APRIL 29, 2021

Instead of writing a check to put down your earnest money, you can send it to your real estate agent using an ACH. The CD also tells you how much cash you need to bring to closing and lists all the transactions that have taken place, such as any credits from the seller. FMV (Fair Market Value).

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74