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So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value. The post The Loan Officer’s Guide to Appraisals Part 5: What is bracketing and why do we do it? So if this is […]. appeared first on Riverfront Appraisals.
All things appraisal property inspection. Following a hosted group lunch, our Certified Real Estate Appraisers will walk the class through the sales grid portion of an appraisal report based on the earlier inspection highlighting insightful topics, including; Adjustment discussions. Bracketing requirements and consideration.
So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals. For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. And, you’ll definitely […].
So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value and bracketing. […]. This post is part six of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. We’re halfway there! appeared first on Riverfront Appraisals.
The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers. If you widen the search bracket to reflect homes $50K under your budget, you may have an easier time winning a bidding war because you’ll be able to offer much higher than the asking price. Additional Resources.
Agents and appraisers should be choosing comparables based on the physical attributes of the property and bracketing different features of the property when possible. If you are an agent that likes to meet the appraiser at the home for the appraisal inspection you could provide it to them in an information packet.
The first line of defense is hiring a REALTOR® who is experienced in handling the complexities of multiple offers in this adjusting market with higher rates. Consider Waiving Inspection You can also waive the home inspection , which is the most aggressive way to show you’re serious about the property. Real estate is a long game.
The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers in this adjusting market with higher rates. Consider Waiving Inspection You can waive the home inspection, which is the most aggressive way to show you’re serious about the property.
Buyers in that pricing bracket will look at other properties that make more sense for the price, and your home will stagnate on the active market. Showing Tools and Resources When you have an agent, they coordinate showings with other realtors or hold an open house to get prospective buyers into your home.
Top Ranked Realtors: Paige Martin & The Houston Properties Team. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. National Association of Houston Realtors Research Group: 2019 Home Buyers and Sellers Generational Trends Report.
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