Housing Wire

NOVEMBER 8, 2021

Next, he has his buyers write a letter to the seller, a practice that has come under scrutiny lately for creating potential biases. I’d say there is a 50/50 chance of a letter having an impact on sellers, but when things are tough, it’s worth a shot,” Pascoe said.

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Clients Agents Buyers Sellers 397

Appraisal Hub

SEPTEMBER 8, 2023

One crucial step that often goes unnoticed by many prospective homeowners is the mortgage appraisal. This step is not just a formality; it plays a pivotal role in determining whether or not you get approved for a mortgage. An accurate appraisal ensures that the lender can recoup their investment.

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Appraisal Mortgage Mortgage Appraisal Market Value 78

Appraisal Hub

MARCH 19, 2023

A property appraisal in Toronto will provide them with an accurate assessment of that home’s value. Based on this information, the bank can then determine the amount to lend and decide if the property is a suitable form of collateral should the borrower default on their loan or is unable to make payments. Appraisal Hub Inc.

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Appraisal Property Appraisal Sellers Mortgage Appraisal 78

Birmingham Appraisal

AUGUST 23, 2023

The agent’s client (buyer or seller) can make an informed buying or selling decision and the appraiser’s client (bank) can make an informed lending decision. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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Agents Appraisal Valuation Appraisal Process 83

Birmingham Appraisal

SEPTEMBER 15, 2022

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Who is the Appraisal for? This is called equity.

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Appraisal Inspection Appraisal Process Real Estate Agent 91

Birmingham Appraisal

JUNE 7, 2023

Appraisers Helping Accountants In the realm of real estate transactions, residential appraisers play an important role in providing accurate valuations. Their expertise goes beyond helping buyers and sellers determine accurate market value. They also play a vital role in supporting accountants in various financial matters.

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Real Estate Appraisal Valuation Legal 64

AmeriMac

SEPTEMBER 30, 2023

This blog post will explore the importance of relocation appraisal and its purpose and approach. We’ll also discuss how it differs from mortgage appraisal, specifically designed to facilitate mortgage lending. Appraisals provide reliable estimates, ensuring fair transactions.

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Appraisal Appraisal Process Real Estate Human Resources 36