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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?

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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

” “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. Also, I have appraised multiple airports and done various easement studies for research.”

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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.

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Purchasing & Developing Land - Part 2 - The Process of Purchasing Land

Eppraisal

Factors that affect sales price were noted in the previous installment: the presence of easements; distance to utility connections; and environmental circumstances, for example. Buyers should make sure the most accurate and up-to-date survey is incorporated into the title insurance policy.

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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.

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Selling a House Without a Realtor in Texas: An Essential Guide

Listing Spark

A title company will provide a title commitment, which is a promise to issue title insurance for the property. Prepare for Home Inspections Home inspections can make or break a sale, so being prepared is essential for FSBO sellers. While you’re not required to have a pre-listing inspection, it can be beneficial.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. They are also used to assess the value of the home for home improvement loans and insurance evaluations. Valuation for insurance claims. Tax implications for final probate.

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