Remove Construction Remove Easement Remove Inspection
article thumbnail

7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

During this time, there are many things that a buyer needs to accomplish such as inspections, appraisals, securing their financing, and title searches. Let’s take a closer look at each one of these processes Inspections Why do real estate agents recommend getting home inspections during the due diligence period?

article thumbnail

11 Land Buying Tips: How to Buy Land

Raleigh Realty

Conduct Environmental Tests You should view the environmental tests of your future land as important as an inspection of a future home. It will help you learn if there are any easements or restrictions on the land that you need to know about. This is a detailed construction plan for your building.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

“I have a background in construction and have been a business owner in the construction industry.” ” “I have a life long time in agriculture and worked at a title company, giving me a good understanding of legal descriptions and easements.” I use the iPad to do inspections.

article thumbnail

How to Communicate Effectively with a Real Estate Appraiser in the Appraisal Process

Boston Appraisal

You should also disclose any special circumstances or contingencies that may affect the value of the property, such as repairs, renovations, easements, or encroachments. You should also be aware of any additional charges or expenses that may arise during the appraisal process, such as travel, inspection, research, or review fees.

article thumbnail

FHA: Cosmetic vs. MPR Repairs

Appraisal Today

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.

article thumbnail

How to Best Search for Land to Buy in Ohio [2022]

The Robert Weiler Company

This is when you, as the investor, will have the opportunity to inspect all aspects of the land and receive full disclosure of all details and conditions before completing the transaction with the land seller. Floor Space Index or FSI (Amount of Construction Allowed on the Land). Possible Title Issues (Easements, Foreclosure).

article thumbnail

Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

As it turns out, both the appraiser and the home inspector had each independently inspected the home 18 months prior and both mistakenly reported a few of the smoke alarms present at the home, as CO detectors. I request any reports, such as termite or home inspection, even old reports, but rarely get them. I never use the terms.