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Real estate appraisals: What agents should know

Housing Wire

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? What is a real estate appraisal? A real estate appraisal is the assessment of a property’s value. This will help you set a realistic price and manage your sellers’ expectations. Not necessarily.

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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? trillion to $7.9

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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Closing on a House: Settlement Tips for Home Sellers

Realtor

As a seller, here’s what you need to know about the settlement process. Before closing on a house, most transactions include a home inspection , so you’ll need to make your home available to the inspector and then negotiate with the buyers about anything the inspection turns up according to the terms of your contract.

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Real Estate Owned Appraisals: The Ultimate Guide

AmeriMac

Real estate transactions can be complex, especially regarding REO a ppraisals. Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. We will also discuss what happens if an REO appraisal is low and how it impacts property value.

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Checklist to Sell a House in BC

D Fritz Appraisals

7 Steps to Ensure Your Home Sale Goes Smoothly The real estate market in British Columbia is dynamic and diverse, with bustling urban centers like Vancouver and Victoria alongside picturesque rural communities. Additionally, understanding the psychology of pricing can play a crucial role.

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10 Costs of Buying a Home You Need To Know About

Realtor

This amount can change depending on market factors. If demand in your area is high, a seller could expect a larger deposit. If the market is cold, a seller could be happy with less than 1%. Other governing factors like state limitations and rules can cap how much earnest money a seller can ask for.