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Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. A closing is usually attended by the buyer, the seller, both realestateagents and the lender. Closing of escrow is the responsibility of the escrow agent.
For example, should the seller have a lien on the home and the sale won’t cover their mortgage payoff and lien-connected debt, a buyer may opt-out without penalty, thanks to a contingency typically included in realestate purchase agreements. And so begins the trying process of moving and unpacking!
RealEstateAgents and Comparable Sales – Tips for Appraisers Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! My advice: Always check what plan and updates were actually built when doing finalinspection.
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