Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Housing Wire

MARCH 2, 2022

Without effective and properly enforced regulations — including peer-reviewed engineering and licensed inspections — we risk catastrophes like the Champlain Towers collapse. Philadelphia recently offered developers a 10-year tax abatement for new construction. Of course, regulations perform an essential civic function.

Development 289

Development Real Estate Design Local Properties 289

Appraisal Today

SEPTEMBER 13, 2024

6 Tips for Appraising New Construction Homes Excerpts: Lenders, FHA, and the GSEs (Fannie Mae and Freddie Mac) treat new construction a little differently. When appraising new construction homes, certain factors that don’t always apply to existing dwellings must be considered. Keep a file of local building costs 4.

Construction 70

Construction Appraisal Contracts Mortgage 70

Hank Miller Team

NOVEMBER 22, 2022

There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. In simple terms, the lender will not lend more than a certain percentage of what the home is worth as of the date of contract. On occasion, appraisals come in below contract price.

Inspection 52

Inspection Appraisal Buyers Sellers 52

GoForrmz

AUGUST 14, 2023

Here are the top five ways users are leveraging the digital Signature form field today: Field Reports (construction daily reports, job site updates, etc.) Popular Digital Signature Use Cases Digital signatures are a great method of capturing clear, legible authorizations in a quick and efficient manner.

Legal 128

Legal Contracts Law Inspection 128

Housing Wire

APRIL 27, 2023

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.

Renovations 292

Renovations Investing Real Estate Marketing 292

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. The home appraisal is something you can negotiate prior to going under contract as well, or even while under contract. It's one of the final steps after going under contract.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

GoForrmz

NOVEMBER 14, 2024

Boost efficiency and safety on construction projects with digital forms Effective collaboration between contractors and subcontractors is essential for the success of any construction project, whether it’s a small residential build or a large commercial development.

Construction 78

Construction Project Management Modernization Inspection 78

McKissock

JANUARY 31, 2023

” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical. .” Educate yourselves on construction details and styles of homes.

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

McKissock

JULY 26, 2022

Constructing a real estate offer is an art. In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Timeliness and types of inspections. Finally under contract. Inspections. Making an offer.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

Birmingham Appraisal

SEPTEMBER 15, 2022

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Home inspections are normally regulated by the state. in addition to taking pictures.

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Appraisal Inspection Appraisal Process Real Estate Agent 96

Raleigh Realty

AUGUST 3, 2021

Conduct Environmental Tests You should view the environmental tests of your future land as important as an inspection of a future home. It will be negotiated in the contract who pays for what in terms of the closing costs, and a skilled real estate agent will help you navigate this.

Real Estate Agent 148

Real Estate Agent Development Construction Real Estate 148

Zillow

JANUARY 23, 2018

Buying new construction seems simple, right? No sellers to deal with, no unexpected repairs that come up during inspection, no drawn-out negotiations. Having your own agent provides a sense of security," says Seattle-area homeowner Kristy Weaver, who has bought two new construction homes from two different builders. "It

Construction 36

Construction Agents Buyers Real Estate Agent 36

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. To read more, Click Here To see the listing with 40 photos Click Here = Can a New Construction Sale be Used as a Comp for an Older Home? baths, 14,450 sq.ft.,

Appraisal 77

Appraisal Construction Contracts Architecture 77

Listing Spark

AUGUST 25, 2022

Home inspections are a critical part of real estate. Even if you’re buying new construction, you should be using a home inspector. For most buyers and sellers though, they don’t know what they should be looking for in a home inspection. Is there anything you can do to better prepare for future home inspections?

Inspection 36

Inspection Real Estate Construction Sellers 36

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. Most of the inspection training we receive as appraisers happens in the field. The guy I followed around on appraisal inspections didn’t really take the time to explain what he was doing. Inspection training was very good. Read the full report. Very interesting.

Appraisal 86

Appraisal Training Inspection Real Estate 86

McKissock

JANUARY 6, 2023

An assessor may contract with an independent fee appraiser to help identify property characteristics, measure properties, confirm the building’s condition and quality of construction, or review assessment disputes from taxpayers. These may be full-time jobs or contracted services.

Appraisal 74

Appraisal Training Lending Land Management 74

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = USPAP does not require use of the specific term “personal inspection”. Answer: No.

Appraisal 69

Appraisal Inspection Modernization Business 69

Hank Miller Team

DECEMBER 1, 2021

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. But unless the buyer and agent have a working knowledge of construction and a level of experience that allows them to spot signs of trouble, the buyer may be walking off a cliff.

Inspection 52

Inspection Buyers Real Estate Sellers 52

Appraisal Today

JANUARY 26, 2024

Personal Inspection I recently completed an appraisal on a residential dwelling for Lender A that sells loans to Fannie Mae and Freddie Mac and the report was completed on a GSE form. Lender B indicated there wasno need for me to re-inspect the home, since my previous inspection date was only a few days earlier. percent from 6.75

Appraisal 85

Appraisal Contracts Mortgage Inspection 85

CA Realty Training

SEPTEMBER 6, 2021

We will discuss the three contingencies that you’ll see, which are appraisal, inspection, and loan. So, the buyer will pay for an appraiser to inspect and write a report on the home’s value. What is an Inspection Contingency? A general inspection contingency is to understand the home’s structural integrity.

Real Estate 56

Real Estate Agents Inspection Real Estate Agent 56

McKissock

APRIL 25, 2023

Businesses are observing a decline in demand for their goods and services, which should result in a further contraction of the labor market in the coming months. economy could experience a contraction this year. March saw a modest decline in residential construction as developers continued to navigate a challenging housing market.

Real Estate 86

Real Estate Appraisal Contracts Construction 86

The Robert Weiler Company

APRIL 5, 2023

Almost one-third of new warehouse space for lease is snatched up before the construction project is complete. Renters are outpacing the construction of industrial units and warehouses. office, inspection station, docking)? Industrial real estate investors and developers can’t add new properties to the market fast enough.

Landlords 144

Landlords Tenants Logistics Real Estate 144

The Robert Weiler Company

SEPTEMBER 9, 2022

Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. With a land contract, the seller provides the land buyer with the loan, instead of an institution. Floor Space Index or FSI (Amount of Construction Allowed on the Land). Property Lines. Title Deed.

Real Estate 78

Real Estate Contracts Buyers Development 78

The Robert Weiler Company

MAY 14, 2021

Independent and not contracted with any party, institution, or broker. The appraiser will have professional-grade access to historical market statistics, construction data, the cost to build, and comparable sales records. Both the interior and exterior of all the decedent’s properties must be inspected.

Real Estate 133

Real Estate Appraisal Legal Valuation 133

Appraisal Today

NOVEMBER 1, 2024

The ranch dates to the late 1800s, and its multiple properties include a 4,980-square-foot lakefront home with a waterside cabana, an under-construction 7,713-square-foot architect-designed residence and a number of cabins. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.55

Appraisal 82

Appraisal Training Contracts Mortgage 82

Boston Appraisal

DECEMBER 11, 2023

If the property is a new construction building, the appraiser may use the Cost Approach , which estimates the value of a property based on the cost of replacing it with a similar one. You can also point out any unique or relevant features of the property, such as a view, a pool, a fireplace, or a solar panel system.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

Appraisal Today

AUGUST 18, 2023

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. This was the same process many of us underwent with the exterior-only (drive-by) inspections. percent from 7.09

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

Raleigh Realty

MAY 3, 2021

Oftentimes you may even find that new construction homes are the way to go as the barrier to entry can oftentimes be easier than purchasing a resale. If you are wondering if a home inspection is worth the cost, the answer is. Hiring a real estate agent gives you a knowledgeable professional who knows how to read contracts.

Real Estate Agent 78

Real Estate Agent Real Estate Inspection Insurance 78

Genworth MI Blog

JUNE 27, 2019

Withholding or threatening to withhold timely payment for an appraisal report or appraisal services rendered when the appraisal report or services are provided in accordance with the contract between the parties. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

Withholding or threatening to withhold timely payment for an appraisal report or appraisal services rendered when the appraisal report or services are provided in accordance with the contract between the parties. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Eppraisal

MARCH 28, 2023

That question centers around whether they prefer new construction to a pre-existing house that has had previous occupants. Advantages and Disadvantages of New Construction According to Realtor.com, one-third of all homes on the market are new, i.e. recently built with no previous inhabitants. Drawbacks exist alongside benefits.

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Construction Inspection Property Taxes Home Value 36

Appraisal Today

OCTOBER 20, 2023

The inspection was uneventful. I was given a lockbox combination and inspected the vacant home. The lender may also contact the In-Plant Primary Inspection Agency or the manufacturer for the HUD Data Plate information. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.36

Appraisal 71

Appraisal Design Contracts Inspection 71

Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. I quit doing FHA appraisals in the mid-1980s because of the inspection requirements compared to conventional appraisals, that did not have the requirement.

Easement 52

Easement Contracts Appraisal Inspection 52

Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. Just more than 4,000 homes went under contract last month across all home types in King, a 4.3% Update: The home is now Pending Inspection…sorry!]. The post HINTS OF SHARP INCREASE IN NEW CONSTRUCTION appeared first on Will Springer.

Construction 36

Construction Inventory Buyers Real Estate 36

The Robert Weiler Company

NOVEMBER 9, 2022

Once you have finalized your Columbus, Ohio property search with a property you’re interested in, there are key areas to inspect; look for damp spots and mold, and check out the woodwork, roofing, ceilings, doors, windows, cupboards, electric, plumbing, and heating. billion of new commercial real estate construction contracts in 2021.

Transportation 78

Transportation Real Estate Supply Chain Investing 78

Eppraisal

DECEMBER 5, 2023

You also have a say in every architectural choice, from the floor plans to the materials builders will use in construction. Generally, the process includes a preliminary phase — which involves signing contracts for the architectural design and site plans — and pre-construction, where the project gets approval.

Architecture 36

Architecture Construction Inspection Design 36