Housing Wire

OCTOBER 10, 2023

And the market has gotten much darker over the last few years. After six years of no enforcement actions and a rapidly declining housing market, RESPA attorneys believe some in the industry may be more willing to test the boundaries. “I “The only way you can navigate that gray space is to define what your black is in that space.”

Real Estate Agent 398

Real Estate Agent Loan Officers Real Estate Agents 398

Cleveland Appraisal Blog

AUGUST 11, 2022

The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property. In some cases, any attempt to avoid disclosing the problems your home has might result in legal action on the buyer’s part.

Renovations 221

Renovations Buyers Appraisal Investing 221

Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. Click here to visit their website.

Appraisal 309

Appraisal Law Development Valuation 309

Eppraisal

OCTOBER 23, 2023

Your offer will only become legally binding if the seller signs it. If the inspection finds the house is unfit for occupancy, discuss with the seller who should pay for what and schedule repairs immediately. Wait for the Appraisal The lender will hire an appraiser to determine the house’s fair market value.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Cleveland Appraisal Blog

JULY 6, 2022

Interestingly, some appraisers don’t like using the term inspection when describing our walking thru a home to observe things like its condition, layout, and other aspects of the home that impact market value. Is The Real Estate Market Shifting? A sharp change in the housing market – Sacramento Appraisal Blog.

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Inspection Appraisal Technology Clients 369

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. What is a Home Appraisal and Why is it Important?

Appraisal 105

Appraisal Inspection Property Taxes Easement 105

Cleveland Appraisal Blog

MARCH 15, 2023

To make the process go as smoothly as possible, start by focusing on the important steps, like downsizing, gathering important legal records, organizing medical information, preparing for a move, and any needed storage. Legal Documents Moving to a senior living community requires legal documents to ensure your health, safety, and well-being.

Legal 52

Legal Transportation Appraisal Design 52

Appraisal Today

JANUARY 5, 2024

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. You’ll learn key ways to work on eliminating bias and reduce your legal risk. Legal topics are very popular with appraisers.

Appraisal 75

Appraisal Contracts Legal Business 75

Movoto

FEBRUARY 23, 2024

Think of a lease as a handshake agreement – but on paper and legally binding. Legal implications differ. Both renting and leasing agreements are legally binding contracts, but they have different implications for both landlords and tenants. What is a Lease Agreement?

Tenants 28

Tenants Landlords Contracts Legal 28

Miller Samuel

MARCH 19, 2019

That article came out in 2014 right as the housing market was peaking. The market value of these properties will be based on a "comparable sale-based valuation method." which seems in direct conflict with state law since co-ops and condos are valued as rentals by state law in NYC. They will simply go elsewhere.

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Real Estate Law Development Investors 370

Appraisal Today

SEPTEMBER 9, 2022

But here’s the reality: Even in today’s fraught, price-squeezed housing market, you don’t actually need to be rich or famous to afford a sprawling home. Get the relevant date of value from the client or client’s attorney. Because of the housing shortage, investors are buying single-family residences. Excerpts: 2.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Zillow

JULY 15, 2019

Freddie Mac : A government agency chartered by Congress in 1970 to provide a constant source of mortgage funding for the nation's housing markets. Loan-to-value ratio (LTV) : The amount of the loan divided by the price of the house. Examples include the VA funding fee and the FHA funding fee.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

PennyMac

JUNE 28, 2022

To close on a house, you’ll need to pay whoever handles the closing for their services. State laws will usually dictate who is legally responsible for overseeing the closing. Often, the seller will pay this fee, but it can depend on how competitive the housing market is or what the specific HOA contract dictates.

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Insurance Property Taxes Sellers Inspection 36

Assurance Financial

DECEMBER 20, 2021

This scenario requires good home equity — which is the homeowner’s financial stake in their house — to warrant a high enough price. The home’s gains in market value. The cost of renovations or improvements the seller made to the house. Mortgage principal payments.

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Mortgage Sellers Buyers Finance 74