Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

Real Estate Agent 273

Real Estate Agent Real Estate Agents Loan Officers 273

Raleigh Realty

FEBRUARY 2, 2022

Is the seller not willing to negotiate repairs? Working through repairs on the home inspection shouldn't be a battle, there should be a mutual understanding from both sides why a buyer is requesting certain repairs and why the seller may decline those repairs. As a buyer, always try to come to the seller from a kind, courteous place.

Inspection 158

Inspection Sellers Buyers Realtors 158

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.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Appraisal Buzz

SEPTEMBER 26, 2022

Other incentives are more federal support, clearer construction lending terms and fewer local regulations. These sellers often pick people with at least a 20% down payment, so being more open to negotiation can improve home affordability. Remove Condo Lending Restrictions. The construction of condominiums is at a record low.

Construction 195

Construction Supply Chain Buyers Retail 195

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.

Agents 85

Agents Appraisal Valuation Appraisal Process 85

McKissock

JUNE 14, 2022

Marketing time is shorter during a sellers’ market due to a limited supply of inventory. When we see vacancies in single family homes increasing, that’s an indication of a declining real estate market (sellers sitting on vacant properties indicate little/lower buyer demand). Increase in seller concessions.

Real Estate 75

Real Estate Marketing Sellers Buyers 75

Raleigh Realty

FEBRUARY 19, 2022

The seller accepts your offer and you are officially under contract and the home will be marked contingent. Mortgage lenders do not want to lend more money for a home than the home is worth. 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.

Appraisal 148

Appraisal Appraisal Process Real Estate Agent Renovations 148

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

Most people know that appraisals need to be completed for lending purposes. When you are the seller of a FSBO (For Sale By Owner). Based on my research of keeping the data on these types of transactions, at least 75% - 80% of the time, the seller would have had a higher net income even if they were to have paid the commission.

Appraisal 50

Appraisal Renovations Real Estate Valuation 50

Boston Appraisal

NOVEMBER 6, 2020

The home had been recently renovated and was in great condition. A real estate appraisal measures the actions of typical buyers and sellers in the marketplace and rarely do two buyers offer the same exact amount. In order to encourage buyers, sellers slowly reduce the list price of their homes. The Case File. He paid $475,000.

Appraisal 148

Appraisal Market Value Real Estate Sellers 148

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. I’m grateful that nearly half of my work these days is not for lending purposes. It is free to visit. That makes for a fun place to go on a budget.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Eppraisal

OCTOBER 3, 2023

Mind Curb Appeal Autumnal foliage will lend a distinct character to your home exterior, but fallen leaves may scatter across your yard. Be a Smart Fall Home Seller It’s possible to sell real estate in any season. The same thing goes with your roofing system and gutters. Putting a clean doormat for wet footwear is a nice touch.

Real Estate Agent 69

Real Estate Agent Real Estate Buyers Agents 69

Realtor

AUGUST 1, 2018

. “But for the first few years, a buyer is paying mostly interest rather than principal, so the loan amount doesn’t go down for quite a while,” says Robert Harris , owner and mortgage consultant at All in One Lending. You might not be able to use your FHA loan for renovations. No biggie, right?

Inspection 136

Inspection Insurance Buyers Renovations 136

Boston Appraisal

NOVEMBER 6, 2020

The home had been recently renovated and was in great condition. A real estate appraisal measures the actions of typical buyers and sellers in the marketplace and rarely do two buyers offer the same exact amount. In order to encourage buyers, sellers slowly reduce the list price of their homes. He paid $475,000.

Appraisal 78

Appraisal Market Value Sellers Real Estate 78

AmeriMac

JUNE 6, 2022

As a home seller, you will need to go through the process of home appraisal to secure a mortgage. The appraiser will look at things like the size of your home, the condition of your home, recent sales of similar homes in the area, and any upgrades or renovations you may have made. What is a Home Appraisal? Getting a Home Appraisal.

Appraisal 36

Appraisal Renovations Buyers Lending 36

AmeriMac

JULY 15, 2021

This dramatic increase in value affects home appraisals, which is good news for both buyers and sellers. These appraisals are done by a third party, who doesn’t have a vested interest in the sale or a relationship with either the buyer or the seller. What Higher Appraisal Values Mean for House Buyers and Sellers.

Appraisal 36

Appraisal Sellers Real Estate Buyers 36

Realtor

AUGUST 1, 2018

. “But for the first few years, a buyer is paying mostly interest rather than principal, so the loan amount doesn’t go down for quite a while,” says Robert Harris , owner and mortgage consultant at All in One Lending. You might not be able to use your FHA loan for renovations. No biggie, right?

Inspection 78

Inspection Insurance Buyers Renovations 78

Listing Spark

AUGUST 17, 2023

Some of the clearest obstacles to these and other strategies are: FHA loans must be for primary residences; trying to skirt this requirement (which ties to the spirit of FHA lending) can cause problems down the line. The buyer cannot pay for the second appraisal, which means the $300–$400 bill falls on the seller.

Investors 36

Investors Investing Buyers Real Estate 36

AmeriMac

APRIL 15, 2024

Whether you’re a buyer looking to secure a mortgage, a seller determining the asking price, or a homeowner considering a case of a refinance, understanding how to order a home appraisal quickly is essential for a successful home purchase. How Can I Ensure My Appraisal Value Comes Out High?

Appraisal 36

Appraisal Appraisal Process Real Estate Renovations 36

AmeriMac

NOVEMBER 30, 2023

It plays a significant role in several aspects, from buying and selling to lending purposes. Commercial appraisals are relied upon by property owners, buyers, sellers, investors, and lenders to make informed decisions. To increase the value of your property before an appraisal, consider making improvements and renovations.

Appraisal 36

Appraisal Real Estate Appraisal Process Inspection 36

Housing Wire

MAY 17, 2022

Industry stakeholders have some ideas for how to further that goal, starting with more clarification on some FHA lending programs. An example of a program offered by the HUD that needs clarification is the department’s down payment assistance program, especially programs that allow seller funded down payment assistance.

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Insurance Development Housing Market Mortgage 311

Realvals

JUNE 18, 2023

The LTV is a percentage that represents the amount of money to lend compared to the value of the home. Renovating a Home If you are planning to renovate your home, getting an appraisal beforehand is a smart move. The appraisal helps in establishing the loan-to-value (LTV) ratio.

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Appraisal Property Taxes Real Estate Market Value 145

AmeriMac

SEPTEMBER 30, 2023

We’ll also discuss how it differs from mortgage appraisal, specifically designed to facilitate mortgage lending. The Importance of Relocation Appraisal in Today’s Real Estate Market Relocation appraisal is crucial for assessing a property’s market value, aiding informed decisions by buyers and sellers.

Appraisal 36

Appraisal Appraisal Process Real Estate Human Resources 36

Aedis Appraisals

JANUARY 12, 2018

Precise estimates of renovation and improvement values. This insulates both the seller and buyer from the financial vicissitudes of long-term funding ventures, which is incredibly important in today’s fluctuating markets. Income-based evaluations for revenue-generating structures. Vacancy rate analyses. Depreciation reports.

Real Estate 36

Real Estate Appraisal Valuation Legal 36

PennyMac

JANUARY 3, 2024

At this time, you’ll get the final details of your loan terms and required closing costs, which are the extra fees buyers and sellers pay to close on a real estate transaction beyond the home’s purchase price. Once your loan is approved, you’ll have your closing, where all necessary paperwork will be signed.

Insurance 36

Insurance Real Estate Agent Finance Renovations 36

The Robert Weiler Company

OCTOBER 21, 2022

The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. You may need a commercial valuation for many reasons.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Patch of Land

NOVEMBER 14, 2018

Using DealMachine could be a great way to get the process started with a potential seller. Of course, whatever apps you use to find and learn about your next real estate investment, you will almost certainly need to secure funding to purchase and/or renovate it.

Real Estate 36

Real Estate Tools Investors Investing 36

Assurance Financial

APRIL 29, 2021

A lender particularly doesn’t want to lend more than a borrower can repay, as the lender risks losing a significant sum of money. The CD also tells you how much cash you need to bring to closing and lists all the transactions that have taken place, such as any credits from the seller. ATR (Ability to Repay). Downloadable Guides.

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74

Appraisal Today

JANUARY 12, 2024

Ignoring market conditions adjustments makes us look incompetent to buyers, sellers, lenders, Realtors, and the general public. NOTE: Please scroll down to read the other topics in this long blog post on 2024 forecasts for mortgage rates and originations, Private Money lending, unusual homes, mortgage origination stats, etc.

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Appraisal Contracts Mortgage Marketing 67

Appraisal Today

JULY 29, 2022

The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. But is it because sellers are rushing to list their homes? It’s easy to pin this on sellers rushing to list, but that’s NOT the case. With four bedrooms and 4.5 That’s not the culprit.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Clear Capital

NOVEMBER 30, 2021

They are a digital lending platform. He doesn’t represent buyers and sellers, like a traditional agent. And they describe themself as a developer of the mobile-first home ownership platform. They are not a point of sale, they will tell you that they’re not a point of sale. But that’s mobile first.

Landlords 69

Landlords Real Estate Tenants Investing 69