D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

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Realtor

DECEMBER 11, 2017

“Having some sort of legal oversight, for the largest single transaction either side is ever going to make, seems to be more than reasonable,” Hendon says. A lawyer can provide clarity if any legal issues arise during the sale of the home.

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Realtor

DECEMBER 11, 2017

“Having some sort of legal oversight, for the largest single transaction either side is ever going to make, seems to be more than reasonable,” Hendon says. A lawyer can provide clarity if any legal issues arise during the sale of the home.

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DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. But still, he was baffled.

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DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. But still, he was baffled. Conclusion.

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Appraisal Appraisal Process Buyers Legal 78

Listing Spark

JANUARY 5, 2025

Yet, most buyers are still going to do their due diligence and get the home inspected before closing. According to Texas law, sellers must disclose any known defects or issues with the property to avoid legal complications. Failing to disclose known defects about a property is the #1 one reason a sellers have legal trouble.

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Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property.

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D Fritz Appraisals

OCTOBER 11, 2022

Read on for more information about how a home appraiser determines the value of your property. What is a Home Appraisal and Why is it Important? A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property.

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Zillow

JULY 15, 2019

Comps : Or comparable sales, are homes in a given area that have sold within the past six months that a real estate agent uses to determine a home's value. Contingencies : Conditions written into a home purchase contract that protect the buyer should issues arise with financing, the home inspection, etc.

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Eppraisal

MAY 5, 2023

Getting to that point, as with the other uses, means addressing issues of legal status, financial capacity to effectuate the remodeling; and home value before and after the proposed reconstruction. The modifications shall in no way inhibit the marketability or home value of the property.

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AmeriMac

FEBRUARY 14, 2022

Here, a trained professional will gather as much information about a home as possible – along with information about comparable homes in the area – to determine a fair market value. This is crucial, as no bank will ever sign off on a mortgage for more than a property is worth.

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PennyMac

NOVEMBER 27, 2023

Building Equity Over Time As you make mortgage payments, you build equity in your home. Equity is the difference between the market value of your home and the amount you owe on your mortgage. Any increase in market value also contributes to an increase in your home equity.

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Hood Homes Blog

SEPTEMBER 19, 2018

” No, actually Salado is the most expensive market on this list. Usually higher taxes means lower home values. That is because cities with lower home values have to tax a higher percent in order to get enough money to run their business. 2.717730% – Belton. 2.713408% – Copperas Cove.

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Appraisal Today

AUGUST 23, 2024

Investors use them to evaluate the value and risk of potential investments. Attorneys order reviews to support legal matters involving property valuation, including disputes and condemnation cases. Insurance companies use them for verifying property values in underwriting and claims.

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Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers.

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PennyMac

JUNE 28, 2022

State laws will usually dictate who is legally responsible for overseeing the closing. This cost will depend on how much your insurance will cost per month, but it’s usually about $35 for every $100,000 in home value. If you’re buying a house built before 1979, you run the risk of lead-based paint in the home.

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Appraisal Today

OCTOBER 25, 2024

The complaint alleges Mykhailyna used sales from distant, majority-Black areas, ignoring closer sales, and undervalued the property by over $200,000 compared to an appraisal less than a year earlier, despite rising home values. After the homeowner raised concerns of discrimination, Rocket Mortgage canceled the refinance.

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