Remove Buyers Remove Counter Offer Remove Home Value
article thumbnail

Purchasing & Developing Land - Part 2 - The Process of Purchasing Land

Eppraisal

Once a suitable piece of vacant land becomes available, a prospective buyer must then determine what price is worth the acquisition. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. All of these variables can influence the final price paid as well as future home values.

article thumbnail

Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Market Data for Real Estate Helps Counter Low-Ball Offers

Home Junction

When it’s a buyer’s market, there are the reasonable buyers who might come in a little low on an offer. Then there are the extreme opportunistic buyers. Buyers who take an almost predatory approach with a ridiculous “take it or leave it” type of stance. A low-ball offer comes in.

article thumbnail

The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. Step 3: Find a Real Estate Buyer’s Agent Who Knows REO Homes. Step 4: Refine Your List of Lender-Owned Properties.