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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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How to negotiate your home purchase offer

Housing Wire

Consider an appraisal gap: Adding an appraisal gap to your offer tells the seller that even if the property appraises for less than the purchase price in the contract, you are committing a preset dollar amount to making up the shortfall. Sponsored content presented by Citibank, N.A. In an extremely competive market? NMLS #412915.

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9 tips for homebuyers in non-disclosure states

Housing Wire

Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information. With the right knowledge and strategies, you can still negotiate a fair deal, even with the challenge of “hidden” numbers.

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Doma expands platform to six new states

Housing Wire

In the next five-to-10 years he wants to make it possible for a homebuyer to sign a contract on their new home on a Friday evening and move in on a Monday morning. Presented by: Doma. So, it’s like you put those things together and it’s like, what is the argument for having a human being go to a house and physically do an inspection.”.

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Making offers of buyer broker compensation is a tricky puzzle to solve

Housing Wire

“Maybe you are trying to make your offer more attractive to the seller, so you don’t include it on the purchase and sales, but in a negotiation situation, I think it is really important to have it on there, just as you would if you are waiving inspection, so that way everyone knows what the buyer’s intentions are going in.”

Buyers 405
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The hybrid appraisal is here. Who benefits?

Housing Wire

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. Presented by: Reggora.

Appraisal 421
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What Does Under Contract Mean in Real Estate?

Raleigh Realty

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. Then, you look at the status and that other shoe finally has a chance to drop: it's "under contract."

Contracts 147