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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

” “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. .” These are typical items for re-inspections.”

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The Appraiser-Agent Relationship: A Win-Win Approach

Birmingham Appraisal

A well-maintained property can contribute to a more favorable valuation and prevent the need for a final inspection, which can cost the buyer more money and possibly delay the closing. The Power of Pre-Appraisal Preparation: Agents preparing properties for appraisals can have a significant impact on the outcome.

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The 9 Essential Steps of a Real Estate Closing Process

Movoto

After an offer is accepted when buying a home , the sale will enter the under-contract phase leading up to the final real estate closing day. Here, we’ll quickly walk through the different steps from the beginning of the under-contract period through the final real estate closing day. What is a Real Estate Closing?

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Say What? Home-Buying Lingo You Should Know

Zillow

American Society of Home Inspectors (ASHI) : A not-for-profit professional association that sets and promotes standards for property inspections and provides educational opportunities to its members. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more.

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Appraising New Construction

Appraisal Today

My advice: Always check what plan and updates were actually built when doing final inspection. I always asked to see the final sales document data. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.29 percent from 6.43 percent from 6.73