Birmingham Appraisal

JUNE 11, 2024

My Appraisal Business Has Shifted, Has Yours? When most people think about real estate appraisals, they often associate them solely with buying or refinancing a home. However, real estate appraisals serve many other essential purposes that extend far beyond these conventional uses.

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Appraisal Property Taxes Valuation Real Estate 84

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.

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Appraisal Inspection Property Taxes Easement 107

AmeriMac

JULY 31, 2024

Relocation appraisals play a vital role in the relocation industry by determining a property’s fair market value. These aren’t your everyday mortgage appraisals; they look into many details that matter when companies move their employees around. That’s where relocation appraisals come in.

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Appraisal Market Value Appraisal Process Valuation 36

AmeriMac

MAY 15, 2024

Navigating Relocation Appraisals Successfully Relocating to a new city or state can be a complex and overwhelming process. One crucial aspect of the relocation process is the appraisal of the property being sold. Appraisals play a significant role in determining the fair market value of a property and ensuring a successful relocation.

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Appraisal Market Value Mortgage Appraisal Appraisal Process 36

McKissock

OCTOBER 23, 2020

There are many types of litigation where real estate appraisers can be helpful in providing evidence to the court. Many of these will require engaging the appraiser to perform an appraisal specifically for the case. Others will simply rely on a previous appraisal and call the appraiser to testify about it.

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Appraisal Insurance Legal Development 77

Empire Appraisal Group

JULY 1, 2021

5 Appraisal Topics Every Agent Should Know. Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. Appraisers are an integral part of the real estate sales process. Interacting With an Appraiser at a Property. Don’t tell the appraiser your client needs a certain value, for example.

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Agents Appraisal Real Estate Realtors 78

Boston Appraisal

MARCH 18, 2024

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments.

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Legal Real Estate Appraisal Valuation 148

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked.

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Real Estate Appraisal Property Appraisal Valuation 60

D Fritz Appraisals

FEBRUARY 22, 2023

It represents the difference between what they owe on their home and its current market value. However, refinancing will also incur additional closing costs, such as appraisal fees and legal expenses, which the borrower should consider before making a decision. What Is Home Equity?

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Real Estate Investing Appraisal Market Value 126

Eppraisal

OCTOBER 23, 2023

Your offer will only become legally binding if the seller signs it. Wait for the Appraisal The lender will hire an appraiser to determine the house’s fair market value. Buy New Homeowners Insurance Call an insurer about getting a policy for your new home. The seller can pick a different one.

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Real Estate Agent Sellers Inspection Real Estate 69

PennyMac

AUGUST 31, 2024

During closing, you’ll need to carefully review, approve and sign numerous legal documents that officially transfer ownership of the property to you. The price is formally documented in the purchase agreement, a legally binding contract that outlines the terms of the transaction. Here are some of the steps completed prior to closing.

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Inspection Real Estate Agent Sellers Legal 36

Eppraisal

FEBRUARY 14, 2024

These costs typically include a variety of fees, such as loan origination fees, appraisal fees, title insurance, escrow fees, and taxes. Appraisal Fees: Lenders often require a professional appraisal to assess the fair market value of the property, and buyers are typically responsible for covering this expense.

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Sellers Buyers Property Taxes Real Estate Agent 36

D Fritz Appraisals

MAY 9, 2022

Insurance policies. A separation agreement is a legal, written record of how a couple has settled their issues related to their separation. . While you can prepare a separation agreement on your own, it’s a good idea to get legal advice from a divorce lawyer or a notary to help with the process. Investments. Bank accounts.

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Law Legal Appraisal Market Value 117

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process.

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Appraisal Property Taxes Real Estate Market Value 145

Appraisal Today

AUGUST 23, 2024

August 23, 2024 What’s in This Newsletter (in Order, Scroll Down) Construction Progress Reports: ADUs & Remodels What Is an Appraisal Review and Who Can Be a Reviewer? Excerpts: Topics: What is an appraisal review? Fact-checking vs appraisal review Types of appraisal review reports Why are appraisal reviews needed?

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Appraisal Contracts Investors Mortgage 70

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. However, these restrictions may also limit modifications, potentially affecting the property’s market appeal. Worth reading.

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Appraisal Contracts Training Architecture 83

Zillow

JULY 15, 2019

Appraisal management company (AMC) : An institution operated independently of a lender that, once notified by a lender, orders a home appraisal. Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur.

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Real Estate Agent Inspection Insurance Sellers 56

PennyMac

JUNE 28, 2022

For example, if you have an FHA loan, there is a standard limit that sellers can only contribute 6% based on the appraised value and the price of the property. State laws will usually dictate who is legally responsible for overseeing the closing. FHA Mortgage Insurance Premium. Homeowners Insurance. Courier Fee.

Property Taxes 36

Property Taxes Insurance Sellers Inspection 36

Realtor

OCTOBER 29, 2020

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. A copy of your contract with the seller.

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Buyers Inspection Contracts Real Estate Agent 208

Assurance Financial

DECEMBER 20, 2021

The home’s gains in market value. A sale and settlement contingency gives you the legal right to exit a contract if you don’t receive an offer for your current home in time. With certain qualifications, you can reduce the amount you need for a down payment and avoid paying for private mortgage insurance.

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Mortgage Sellers Buyers Finance 74

Realtor

OCTOBER 29, 2020

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. A copy of your contract with the seller.

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Buyers Inspection Contracts Real Estate Agent 78

The Robert Weiler Company

JULY 6, 2021

These costs include insurance, utilities, maintenance, and repair costs. With one of the most stable legal and economic systems globally, the American industrial real estate market is desirable to foreign investors. Private equity pools capital from a limited number of investors to create the highest potential for returns.

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Logistics Tenants Real Estate Modernization 147

Housing Wire

OCTOBER 10, 2023

One can’t spend more than the reasonable market value, must also use these services and actually receive them. “The line of what is legal and illegal depends on who is running the CFPB,” Steve Murray, partner at RealTrends Consulting , said. But that comes with some caveats.

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