Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends.

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Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1.

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Housing Wire

JUNE 10, 2021

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. According to HomeAdvisor , the average seller pays almost $1,500 in staging costs. Seller Concessions.

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Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. In this blog post, I will discuss some of the most common mistakes sellers should avoid during a real estate appraisal.

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Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. We negotiated to get the sellers the highest price possible.

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Housing Wire

APRIL 27, 2023

Another larger player in the space, Progress Residential , recently postponed a securitization transaction due to difficult market conditions. And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal.

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D Fritz Appraisals

MAY 13, 2024

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. Professional staging services can be employed for those seeking expert guidance, although many sellers undertake this process.

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Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. No repairs, no costs.

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Renovations Buyers Appraisal Investing 221

Genworth MI Blog

FEBRUARY 29, 2024

This should include photos of any recent updates/renovations that were used as adjustments and applied to the sales where the sales comparison approach is presented as support for the opinion of value. Property conditions that impact subject livability, soundness, and/or structural integrity may cause such further inspection/repairs.

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East Coast Appraisal

AUGUST 11, 2022

Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. For the seller, a home appraisal ensures they price their property correctly. Home Appraisal Is the Same As a Home Inspection.

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Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. Your offer will only become legally binding if the seller signs it.

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AmeriMac

DECEMBER 30, 2023

Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions. Real estate transactions can be complex, especially regarding REO a ppraisals.

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Real Estate Appraisal Inspection Appraisal Process 36

Zillow

JANUARY 30, 2017

Most would-be buyers and sellers believe the real estate "deal" is done at the signing of the contract. Even in more competitive real estate markets, negotiations still happen once in escrow. Issues typically arise after the home inspection, and those issues tend to result in another round of negotiations for credits or fixes.

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McKissock

JANUARY 31, 2023

We don’t just pull numbers out of the air—they are market supported adjustments backed by ‘many angles’ of research.” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “The definition of market value.”

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Real Estate Agent Real Estate Agents Appraisal 97

Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Condition: The overall condition of a property, including its structural integrity, maintenance, and any necessary repairs or renovations, affects its appraisal value.

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Real Estate Agent Real Estate Agents Appraisal 79

PennyMac

SEPTEMBER 6, 2023

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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Glascock Company

DECEMBER 11, 2020

While there are plenty of benefits to both, there is one alternative that could flip the sale faster and without much stress on you as the seller. Auctions are one of the most expedient ways to sell real estate (both commercial and residential) while still allowing the seller to maintain total control over the transaction.

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Birmingham Appraisal

AUGUST 23, 2023

Understanding the Roles: Agents and Appraisers: Real estate agents bring their expertise in marketing and negotiations, while appraisers provide impartial and accurate property valuations. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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The Robert Weiler Company

JUNE 17, 2022

An investment in this market can provide reliable cash flow, steady appreciation, lower maintenance and management efforts per unit, and diversification of an investor’s portfolio. The latter can be a lot cheaper but the amount of renovations required might end up costing you more in the long-run. Apartmentbuildings.com.

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Realtor

AUGUST 1, 2018

To be approved for the loan, the house must pass an inspection conducted by the U.S. A licensed, HUD-approved appraiser will determine the market value of the home and do a “health and safety” inspection to check for crucial problems such as a crumbling foundation or issues with the mechanical systems. No biggie, right?

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Inspection Insurance Buyers Renovations 136

Chicagoland Appraisal Blog

MAY 13, 2021

Real estate professionals or other appraisal experts can help you determine the market value of your home. Home values are, unfortunately, subject to the ups and downs of the real estate market. When the housing marketplace favors sellers, home values run high. Overly personalized renovations. What Hurts a Home Appraisal?

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Appraisal Renovations Home Value Real Estate 88

Lamacchia Realty

AUGUST 4, 2021

Photo by stux–12364 There are many real estate myths out there, from commissions to renovations. A home passes or fails inspection This isn’t like an exam in high school where you either pass or fail. The point of an inspection is to assess the condition of the home, the good and the bad.

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Real Estate Renovations Agents Inspection 69

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraisal Process Real Estate Appraisal Easement 78

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value. Is there merit to these claims?

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Market Value Appraisal Agents Real Estate Agent 350

Lamacchia Realty

JUNE 8, 2021

A home inspection is a part of the selling process, but you can get your own inspection prior to listing. A serious buyer will have to have their own home inspection done and they can get an estimate for repairs from that too. It’s a seller’s market right now and that means you have the power! Seller Resources.

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McKissock

JULY 19, 2022

Red Flags: The seller demands payment upfront. This growing international market is positive in many ways but comes with new opportunities for scammers. Sellers are often on a time crunch to get properties locked into a contract, which leaves little time to properly deal with the unexpected. The seller isn’t aware of the lawyer.

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Real Estate Real Estate Agent Sellers Agents 98

Realtor

AUGUST 1, 2018

To be approved for the loan, the house must pass an inspection conducted by the U.S. A licensed, HUD-approved appraiser will determine the market value of the home and do a “health and safety” inspection to check for crucial problems such as a crumbling foundation or issues with the mechanical systems. No biggie, right?

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Inspection Insurance Buyers Renovations 78

Raleigh Realty

FEBRUARY 19, 2022

The seller accepts your offer and you are officially under contract and the home will be marked contingent. Home appraisals are also ideal for buyers because it determines if the seller is asking for more money on a home than the home is worth. Your mortgage lender informs you of the next step in the process: the home appraisal.

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Appraisal Appraisal Process Real Estate Agent Renovations 148

East Coast Appraisal

MARCH 16, 2023

A home appraisal is one of the best ways to determine a property's market value. A higher appraisal value means you can sell your home for a higher price, which can result in a larger profit for you as the seller. A clean interior can make a very good first impression when a prospective buyer comes to inspect your house.

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Appraisal Renovations Home Value Inspection 52

AmeriMac

NOVEMBER 30, 2023

Factors like market conditions, property conditions, income stream, comparable sales, and income potential are considered. Commercial appraisals are relied upon by property owners, buyers, sellers, investors, and lenders to make informed decisions. The property inspection is a crucial step in the commercial appraisal process.

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Appraisal Real Estate Appraisal Process Inspection 36

Eppraisal

OCTOBER 3, 2023

Buyers populate real estate markets all year round. Get a Seasoned Agent Selling your home yourself allows you to skip paying a third party a commission, but doing it yourself will likely result in less profit and cause your house to stay on the market longer. Here are seven tips to sell your home in autumn.

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Real Estate Agent Real Estate Buyers Agents 69

PennyMac

DECEMBER 22, 2020

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. Before you get too far into the process, take a look at the properties available in your target market or price range.

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AmeriMac

APRIL 30, 2024

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property. What Exactly Is a Commercial Appraisal?

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Appraisal Appraisal Process Valuation Real Estate 36

Houston Properties

MAY 6, 2020

A home seller guide from the number one Realtor in Houston. We have over 150 pages of guides that contain best practices, expert tips, market insight, and recent data on what buyers are looking for. Houston Home Seller Resources. Full Houston Home Seller Guide. How To Sell Your House Fast For The Most Money. Get PDF Now.

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Renovations Realtors Sellers Home Improvement 66

Listing Spark

SEPTEMBER 5, 2023

As online resources for pricing data, flat-fee listing services, and plenty of marketing options become available, homeowners can more easily navigate the market and handle transactions without paying for their own listing agent. Market your home and start getting offers. Make repairs or renovations to your home (if applicable).

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Realtors Real Estate Agent Real Estate Agents 36

Realtor

MAY 10, 2018

If one sibling wants to keep the home, he or she can buy the others out for their share of the home’s fair market value. Still, a partition by sale is hardly ideal, since you could have sold the house at market rate and made a whole lot more! If the renovations are easy and can nab a higher asking price, do them.

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Real Estate Agent Renovations Real Estate Agents 85

AmeriMac

APRIL 15, 2024

A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser.

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