Appraisal Buzz

DECEMBER 30, 2024

Redfin reports a major reason for the jump in housing supply is a pileup of unsold homes, many of which buyers have deemed undesirable because they seem overpriced. I explain to sellers that their house will sit on the market if its not fairly priced. month-over-month, and 12.1% year-over-year. a year earlier. In Portland, 58.7%

HOA 221

HOA Inventory Real Estate Agent Contracts 221

Appraisal Buzz

JUNE 18, 2024

Foxfield at Naaman’s Creek Homeowners Association, Mohamed Ahmadat and Raechelle Eventoff was commenced by a homeowners’ association (HOA) due to delinquent HOA assessments. The HOA initiated a foreclosure action under its HOA liens that proceeded to a Sheriff’s Sale of the property.

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HOA Mortgage Legal Law 195

Appraisal Buzz

OCTOBER 3, 2024

Rising prices and low supply: This year has seen record highs for US home prices, with steady price increases due to a steady demand from buyers. Presidential race between two candidates with diametrically opposed economic and housing policies, many buyers and sellers have adopted a wait-and-see attitude.

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HOA Property Taxes Advertising Real Estate Agent 397

Listing Spark

JANUARY 5, 2025

Start with a home seller’s checklist to ensure you are organized and prepared. Here is a great net sheet by Stewart Title for sellers to calculate listing expenses. Here is a great net sheet by Stewart Title for sellers to calculate listing expenses. Really look into the neighborhood market activity.

Sellers 69

Sellers HOA Real Estate Agent Contracts 69

Lamacchia Realty

MARCH 9, 2023

WHAT IS AN HOA? An HOA, or Homeowners Association, is when a common interest community – which includes mainly condos but could include some single-family or waterfront properties – provides ground rules for maintaining their common spaces and property. HOAs can also have legal power over properties.

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HOA Legal Buyers Realty 67

Raleigh Realty

FEBRUARY 19, 2022

One of the largest reasons some buyers walk away from a home purchase feeling remorseful is because they don't consider everything about purchasing real estate before they jump into it. There are common buyer mistakes we address with all of our buyers upfront so they have a highly successful transaction.

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HOA Real Estate Buyers Construction 148

Hank Miller Team

DECEMBER 3, 2024

HOA issues are on the rise, but the vitriol directed at them is not always justified. Over the last several years, many HOAs have been financially stressed and that stress is being passed to residents. Over the last several years, many HOAs have been financially stressed and that stress is being passed to residents.

HOA 52

HOA Buyers Insurance Sellers 52

Listing Spark

DECEMBER 9, 2020

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees).

Sellers 69

Sellers HOA Insurance Contracts 69

Empire Appraisal Group

JUNE 29, 2023

million homes in homeowners’ associations (HOAs), most of our members have helped prepare contracts that address issues associated with association rules. The condo disclosure comes from Section 718.503, Florida Statutes, and the HOA disclosure comes from Section 720.401, Florida Statutes. Next month we’ll focus on the differences.

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HOA Contracts Sellers Buyers 78

Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Will Springer Realtor

MAY 2, 2023

Home buyers are consumers. These buyers also have the right to either add or omit some of those available rights when their real estate broker drafts an offer. These are known as contingencies, or conditions, that require the buyer or seller to take an action or possibly a non-action as part of the overall agreement.

Contracts 58

Contracts Buyers HOA Inspection 58

Lamacchia Realty

OCTOBER 17, 2022

QUESTIONS BUYERS SHOULD ASK WHEN TOURING A PROPERTY. And as a buyer, purchasing their home is very exciting but also a significant decision and can be a bit overwhelming. On the other hand, sometimes sellers can leave behind things the buyer may not have been aware of. When in Doubt, Ask Lamacchia Realty. Read More ».

Buyers 63

Buyers HOA Realty Insurance 63

Listing Spark

FEBRUARY 6, 2023

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. As a seller, this can help to ensure that buyers have the actual cash they are claiming they have.

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Contracts Real Estate Sellers Buyers 36

Realtor

SEPTEMBER 29, 2017

The good news is that buyers don’t have to go in blindly: Your VA loan-savvy real estate agent will be your ally in helping you estimate the costs you will need throughout the process, no matter where you live. Buyers will often pay this fee, which runs, on average, about $30 , to their lender when they first apply for a loan.

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Inspection HOA Insurance Appraisal 85

San Jose Real Estate

SEPTEMBER 23, 2024

What is a seller concession? This refers to anything that the seller gives or grants to the buyer. Sellers are not the only ones who can grant concessions, but right now it’s in the news more due to changes this year in how we sell real estate and the forms and clauses we use to do so.

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Sellers Counter Offer Buyers HOA 36

Realtor

SEPTEMBER 29, 2017

The good news is that buyers don’t have to go in blindly: Your VA loan-savvy real estate agent will be your ally in helping you estimate the costs you will need throughout the process, no matter where you live. Buyers will often pay this fee, which runs, on average, about $30 , to their lender when they first apply for a loan.

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Inspection HOA Insurance Appraisal 78

Movoto

SEPTEMBER 23, 2024

Seller concessions are a great negotiating point on both the buying and selling side of any home sale. They are exciting for buyers as they mean lower costs, while also helping out sellers who want to close quickly. But, what exactly are seller concessions and how can you make the most of them?

Sellers 36

Sellers Buyers HOA Property Taxes 36

Lamacchia Realty

MARCH 11, 2024

Buyers hoping to purchase condos have been under more stringent lending regulations over the past three years, initially under temporary guidelines that were later made permanent. Buyers and buyer agents alike needed to be keenly aware of how the new regulations would impact the purchase of a condo in any building over 5 units.

Buyers 60

Buyers Lending Insurance Mortgage 60

Lamacchia Realty

MARCH 26, 2024

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Inventory rises when more sellers are listing than buyers are buying.

Bracketing 55

Bracketing HOA Sellers Buyers 55

Raleigh Realty

AUGUST 27, 2021

Here's everything you need to know about buying a home Whether you are a first-time home buyer or a seasoned veteran of the housing market, buying a house is no small undertaking. There is nothing worse for a buyer than starting to look at homes online, falling in love with a few, then realizing that they are not in your budget.

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Real Estate Agent HOA Real Estate Agents 78

Appraisal Today

JULY 5, 2024

This likely has to do with the cost of building a pool, cost of maintaining a pool, and even larger parcels at higher ranges – not to mention buyers at higher price points expecting a pool more often. Often sellers said they would remove the pool, but the buyers never requested it. This is where we have to study the comps.

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HOA Appraisal Real Estate Contracts 65

Lamacchia Realty

MARCH 15, 2022

Do you want to pay an HOA ? You can sell pieces to your buyers or at a yard sale, and you can give the high-quality, sentimental pieces to the family. Buyer Resources. Seller Resources. Do you want an extra room for the family to stay and visit? Condo or House? Or would you still take care of maintenance? April 8, 2021.

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HOA Realty Sellers Buyers 76

Listing Spark

APRIL 2, 2021

Below I’ll break down these fees in a few different categories like Title closing costs, lender closing costs, contractual closing expenses and then HOA (HomeOwners Association) expenses. Closing Costs for Sellers in Texas. Title Company Fees for Sellers. Buyer and Seller will each pay an escrow fee at closing.

HOA 36

HOA Sellers Insurance Contracts 36

Zillow

JULY 15, 2019

Buyers market : Market conditions that exist when homes for sale outnumber buyers. Cancellation of escrow : A situation in which a buyer backs out of a home purchase. Capacity : The amount of money a home buyer can afford to borrow. Buyers should budget for an amount that is 1% to 3% of the home's purchase price.

Real Estate Agent 56

Real Estate Agent Inspection Insurance Sellers 56

Listing Spark

APRIL 2, 2021

Below I’ll break down these fees in a few different categories like Title closing costs, lender closing costs, contractual closing expenses and then HOA (HomeOwners Association) expenses. Title Company Expenses (Seller Paid). Below are the list of fees the seller typically pays that are specific to the title company.

HOA 36

HOA Sellers Insurance Contracts 36

Lamacchia Realty

FEBRUARY 27, 2024

What does this mean for Buyers ? More inventory translates to more options for buyers as well as potentially less competition and a stabilization or eventual reduction in home prices! As such, buyer affordability is still diminished due to mortgage rates and increasing home prices. What does this mean for Sellers ?

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Inventory Sellers Real Estate Buyers 48

Lamacchia Realty

JULY 29, 2024

It’s expected with tight inventory that prices will increase due to buyer competition with bidding wars. That said, for most residential real estate in the region, sellers are well advised to list their homes competitively due to unprecedented affordability challenges for buyers. over this timeframe in 2023.

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Sellers Buyers Insurance Inventory 51

Birmingham Appraisal

MAY 21, 2024

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Key Factors For Buyers to Consider 1. Whether it’s a buyer’s or seller’s market can greatly influence home prices and property values.

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Home Value Architecture Renovations Real Estate 73

Lamacchia Realty

JANUARY 30, 2024

That said, the number of homes sold is down year over year, so it’s a true sign that the voracious buyer activity has slowed down and that this region is a bit ahead of the North in the market adjustment cycle. And some are not able to sustain the rising HOA fees and insurance rates. South Florida Sales Decline by 17.5%

HOA 46

HOA Inventory Buyers Contracts 46

Will Springer Realtor

MARCH 5, 2024

We have APR, CMA, CC&Rs and, of course, HOA – all commonly used terms to help “abbreviate” our conversations. The seller or lender could pay some or all of it, too. Policies don’t usually pay for HOA dues and homeowners insurance, though. Here are two more, perhaps lesser-known, terms worth noting – PMI and MIP.

Finance 56

Finance HOA Insurance Real Estate 56

Raleigh Realty

MARCH 29, 2021

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Your neighborhood may require homeowner's association (HOA) fees, too. Getting pre-approved tells the seller that you're serious. And the seller's agent will be happier to do business with a colleague in the field.

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Government Real Estate Agent Insurance Property Taxes 148

Lamacchia Realty

JUNE 7, 2022

Lenders must ask specific questions and if the answer is yes to any of them, lenders need to have a Maintenance/Special Assessment addendum completed and signed by the HOA. From there, the HOA or property manager must confirm if the repairs have been completed. Buyer Resources. Seller Resources. Additional Resources.

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HOA Inspection Law Property Management 36

Appraisal Today

APRIL 2, 2023

They love the HOA for keeping the neighborhood, pools, and parks looking impeccable, but don’t always like how it goes about enforcing the rules. “Some HOA rules can seem overbearing, but are required by state law—such as no glass or pets in the pool area,” says Kelly G. I will never live anywhere with an HOA.

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Contracts Appraisal HOA Architecture 52

Lamacchia Realty

MARCH 28, 2023

New listings and pending sales are also down year over year as many sellers are hesitating to put their homes on the market, so less homes are being placed under contract and inevitably less homes are closing. Sellers, the sooner you put your home on the market, the more it will sell for ! Buyers, falling mortgage rates is good news!

New Listings 50

New Listings Sellers HOA Buyers 50

Lamacchia Realty

JULY 31, 2024

Important to note that this increase can largely be attributed to condos & townhomes as many owners are opting to list versus pay for the costs of increased regulatory requirements through special assessments, increased HOA fees, etc. For buyers, increased inventory means more options.

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HOA Inventory Real Estate Buyers 43

Raleigh Realty

AUGUST 20, 2022

When many buyers consider the cost of purchasing a home, the mortgage payment is typically the expense that immediately comes to mind. Whether you are a first-time home buyer or an experienced buyer, you will want to familiarize yourself with all the costs of buying a home Your Real Estate Agent is not a cost to you as a buyer.

Property Taxes 78

Property Taxes Real Estate Agent Insurance Real Estate 78

Listing Spark

NOVEMBER 11, 2022

You are technically a For Sale By Owner seller (FSBO). There are some sites, like the FSBO section of Zillow, geared to FSBO sellers that you can use to market your home. In order to get the most exposure and the most potential buyers, your goal should be to get on as many sites as possible. Down payment amount.

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Realtors Contracts HOA Sellers 36