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Going to Extremes

Appraisal Buzz

Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket.

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

Raleigh Realty

It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract. Inspections are an expense that is paid by the buyer. Due Diligence: What Is it?

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals. Plot/blueprint or property survey.

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Understanding the Math of Profitable Investment Properties

Eppraisal

These may include property taxes, insurance, maintenance and repairs, property management fees, and any homeowner association (HOA) dues. This includes inspecting the property for any potential issues, obtaining professional appraisals, and reviewing relevant legal documents.

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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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How To Read an Appraisal Report

Realvals

The legal description, parcel number, tax year, and annual taxes are next. This is followed by neighborhood name, occupant type, PUD/HOA info, property rights appraised, and assignment type. Then it talks about the project facilities and if they are complete/leased to the HOA. It starts with the address across the top.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Your neighborhood may require homeowner's association (HOA) fees, too. During due diligence, you'll need to hire someone to do a property inspection and appraisal. Also, ask about issues like lead paint.