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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

It plays an essential role in the economics of homeownership, ensuring that credit reaches those who need it and providing safeguards to those who lend it. Title insurance is imperative for lenders to ensure the borrower has ownership rights to a property, but it doesn’t just protect against problems affecting title.

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6 Things That Terrify Appraisers

JMV Lending

a round house), multiple dwellings on one lot, adverse influences such as a nearby freeway, easements that clearly affect value, income properties (two to four units), over-improvements, unfinished structures, significant deferred maintenance, and unclear […]. The post 6 Things That Terrify Appraisers appeared first on JVM Lending.

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Any easements or encroachments – any part of the property should be accounted for to get the most accurate estimate of the land value. With a combined half century of experience across the industry in business administration, lending and real estate sales, you can trust in D. Fritz for your real estate appraisal.

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

Two of the best examples occur when there is lending involved or litigation pursued. Consider the grantor’s position when considering a disbursement for a mixed-use development, conservation easement, or specialty use property. Grant Applications. A commercial appraisal review can be as significant as the appraisal itself.

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11 Land Buying Tips: How to Buy Land

Raleigh Realty

It will help you learn if there are any easements or restrictions on the land that you need to know about. There may be a representative of the lending institution present to make the payment to the seller. Finding the property lines is important when buying land to know exactly what it is you are purchasing.

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

Raleigh Realty

An appraisal is an important part of the home buying process for the buyer, as lenders will not lend money to you if the appraised value comes back lower than the loan amount. Any existing easements on the property which legally allow another party to use someone else’s property.

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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.” Also, I have appraised multiple airports and done various easement studies for research.” My focus is lending institutions appraisals.” ” “FHA.”