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Study: 24% of sellers received four or more offers in 2021

Housing Wire

home sellers received four or more offers on their home in 2021, according to Zillow’s latest consumer housing trends report. Typical sellers received two offers, which is the same as the past three years. About two-thirds of sellers (65%) also reported buying a home.

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Market Correction or Seller Panic?

Appraisal Buzz

This might manifest itself with lower offers that are acceptable to the seller, but price isn’t the only aspect of a transaction. Sellers are panicking right now which is almost always an opportunity for buyers. The post Market Correction or Seller Panic?

Sellers 435
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The home inspection process: Should you skip it?

Housing Wire

People often confuse the home appraisal with the home inspection. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. Are you considering skipping the home inspection?

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Changing Needs Motivating Home Sellers

Appraisal Buzz

Additionally, among those surveyed, the number of buyers asking for repairs based on the inspection results more than doubled in recent months and the number … The post Changing Needs Motivating Home Sellers appeared first on DSNews.

Sellers 195
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7 Major Home Inspection Issues {2022}

Raleigh Realty

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.

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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.

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Home Inspection Hysteria

Hank Miller Team

Due diligence periods are back and with them, the main contingencies of appraisal, finance, and inspection. It’s reasonable to say that everyone needs to get reacquainted with home inspection hysteria and the rule of making mountains out of moles hills.

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The Loan Officer’s Guide to Appraisals, Part 1:  The Final Inspection

Riverfront Appraisals

Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. We’ll briefly look at what a final inspection […]. Hey friends! Welcome to the very first post in our all-new series The Loan Officer’s Guide to Appraisals.

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Options for Buyers Wishing to Inspect a Seller’s Home

Will Springer Realtor

A home inspection is almost always the best route to take before purchasing a property. In a competitive market, however, buyers recognize that submitting an offer with a request to conduct a traditional inspection can hurt their chances of winning a bidding war.

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Winter Home Inspections

Eppraisal

If so, you'll need to be aware of how the weather can affect your home inspection as there may be a few challenges. This is especially true if there is snow or ice on the day of your home inspections. If it is too windy, it is not ideal for a radon inspection.

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7 Tips: Negotiating Repairs After a Home Inspection

Raleigh Realty

Negotiating Repairs After a Home Inspection What fixes are mandatory after a home inspection? Is the seller not willing to negotiate repairs? One of those steps is the home inspection and with the home inspection, major issues can arise.

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Home Sellers’ Survey: A Look at ‘Slowing Real Estate Fundamentals’

Appraisal Buzz

Additionally, among those surveyed, the number of buyers asking for repairs based on the inspection results more than doubled in recent months and the number … The post Home Sellers’ Survey: A Look at ‘Slowing Real Estate Fundamentals’ appeared first on theMReport.com.

Sellers 195
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What to do if a Buyer Requests Repairs After Inspection

Lamacchia Realty

WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION. It’s not a secret that it has been a seller’s market for the past few years. A common issue that many sellers are not prepared to deal with is a buyer requesting repairs after the inspection. Seller Resources.

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Why Buyers Shouldn't Waive Inspection Contingencies

Eppraisal

Buyers are pulling many different strings in order for their offers to be accepted including offering sellers significantly above list prices. They are also offering to meet the sellers' closing dates or to purchase the homes "as is." What Does Waiving Inspection Contingencies Mean?

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Home Inspections vs Home Appraisals

D Fritz Appraisals

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Inspection?

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How Today’s Market Impacts the Appraisals and Inspections Landscape

Genworth MI Blog

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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Why Sellers Shouldn't Ask to See Inspection Reports

Eppraisal

They also help protect the sellers from any future liability. The lead-based paint disclosure is a federal seller's disclosure requirement. Sellers are also required to provide the buyers with an EPA pamphlet called "Protect Your Family From Lead in Your Home.".

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Contingency Removal: A Guide For Sellers

Mashvisor

Thus property sellers… Investor Blogs Selling Investment Property Appraisal Home Inspection loans Property MarketplaceContingencies are commonplace in real estate transactions, but they could derail a sale.

Sellers 74
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It’s a seller’s market: What does that mean for contingencies?

Housing Wire

The truth is, sellers can have their pick right now, and if your offer isn’t just what they want, they could choose another buyer. But they’re also an extra hassle for sellers. Sellers can have contingencies, too. Sellers can include contingencies, too.

Sellers 439
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There Is No Pass Or Fail With Home Inspections

Lamacchia Realty

THERE IS NO PASS OR FAIL WITH HOME INSPECTIONS. A home inspection is an important part in the home buying process, however a common misconception is that it is a pass or fail type of inspection. What is a Home Inspection? Seller Resources.

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7 Tips For Preparing For Your Home Inspection

REX Real Estate

There’s nothing that can squash a deal faster than a bad home inspection. In… Home Improvement home inspection home maintenance seller

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Things to keep in mind when getting a home inspection!

Berkshire Hathaway

Buying a home can be stressful and one of those stressors is often a home inspection. So, let’s walk through what to keep in mind when getting a home inspection. . You may run into a home that the sellers have already had their own home inspection done beforehand so they could fix any issues and reassure potential purchasers before marketing their property. What do hope inspectors, inspect? Do your own pre-inspection!

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7 Common Mistakes Sellers Should Avoid During a Real Estate Appraisal

Birmingham Appraisal

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. Sellers should be transparent about any issues with the property, such as previous damage, repairs, or renovations.

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The Differences Between an Appraisal and a Home Inspection

Hank Miller Team

There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. They do not represent either buyer or seller. What is a Home Inspection?

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First Time Home Seller’s Top Questions Answered.

Berkshire Hathaway

Each new home seller has a laundry list of questions that they may have to ask their realtor before the process of putting their home on the market begins. Here we answer the top questions most new home sellers have.

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The Seller Did Not Complete Repairs Before Closing – Now What?

Mashvisor

The last step of the process is closing where documents are signed… Beginner Investors Investor Blogs Home InspectionA real estate transaction is usually a long and grueling journey that involves many procedural formalities and steps.

Sellers 72
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Seller Credit: What Does It Mean for Investors

Mashvisor

As… Buying Investment Property Investor Blogs Home Inspection loans MortgageThe process of buying investment properties involves several steps. As a real estate investor, it is important that you go through each one in the most efficient way possible.

Sellers 74
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Discovering Old Electrical Panels at a Florida Home Inspection

Lamacchia Realty

AT A FLORIDA HOME INSPECTION. During the buying and selling process, a home has to undergo a home inspection. Home inspections are used to identify any issues in the home so that the buyer knows exactly what they’re getting into and the seller isn’t selling a home that’s unsafe.

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What Is The Difference Between An Appraisal & A Home Inspection?

AmeriMac

Before your mortgage loan is approved, you usually need to go through an appraisal and a home inspection. An appraisal tells you the market value of your property — while a home inspection tells you what might need to be repaired or replaced. What Is a Home Inspection?

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3 Scenarios Where You Can Use Seller Credits to Help Close on Your Home

Lamacchia Realty

USING SELLER CREDITS TO CLOSE ON YOUR HOME. If you’re unfamiliar with seller credits, seller credits are when the seller offers the buyer money at closing to sweeten the deal. Sellers usually offer credits so they can help a deal move forward.

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Home Inspections: What Buyers Can and Cannot Do

Will Springer Realtor

One of the most valuable components to a buyer’s offer is the home inspection contingency, an opportunity to check the condition of the property before agreeing to close the deal. It generally takes about an hour to inspect a condo and about 2-3 hours for a single-family home.

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Agents, Don’t Skip the Appraisal

The Appraiser Coach

We frustrate buyers, sellers, loan officers and, sometimes, real estate agents. Appraisers have been accused of being “speed bumps” in the lending process. In some ways, I can understand their. Read More.

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Everything You Need to Know About the Texas Seller’s Disclosure

Hood Homes Blog

The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! The seller is responsible to keep the seller’s disclosure updated. Texas Seller’s Disclosure Law.

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What is the Buyer’s Inspection Advisory? 

CA Realty Training

The Buyer’s Inspection Advisory (BIA) is a disclosure that is included with the Residential Purchase Agreement (RPA) when you make an offer on a home. Simply put, it is advising the buyer to have a professional inspect the property. This is why a home inspection is important. .

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The Many Reasons Why You Shouldn’t Waive a Home Inspection

AmeriMac

The home inspection is a standard step in most home buying processes, but some homebuyers are tempted to forgo inspections in the current real estate climate. When you make an offer on a house, here are some of the many reasons why you shouldn’t waive a home inspection.

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Home Seller Closing Costs in Texas

Listing Spark

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? It is more than likely that if you are selling a residential home in Texas the buyer is going to ask you (home seller) to pay for the title insurance policy.

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Hard Convincing Sellers Not to Overprice? Use Data

Empire Appraisal Group

NEWS & MEDIA sorbetto / Getty Images Source: Hard Convincing Sellers Not to Overprice? Use Data | Florida Realtors Hard Convincing Sellers Not to Overprice? Lead sellers to smart decisions using charts that show local trends.

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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

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. Seller Concessions.

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The Huge Risk Home Buyers Take When They Waive Inspections

Zillow

In addition to offering more than the asking price or a quick closing, some buyers agree to waive inspections. No matter how badly you want the property or how emotionally attached you are to it, you don’t want to buy a home without having it thoroughly inspected.

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Providing Value to Real Estate Buyers and Sellers

Will Springer Realtor

Did you know there are more than 200 actions, research steps, procedures, processes and other stages that a real estate broker typically takes with each buyer or seller? In fact, I try to get to the core of why a buyer or seller wishes to collaborate with me.