Listing Spark

JANUARY 5, 2025

To avoid confusion, its essential for sellers to disclose any known defects or issues with the property and for buyers to conduct thorough inspections before making an offer. How the as-is clause in the Texas law can be confusing The as-is clause on a standard Texas TREC contract can be confusing for some home-sellers.

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Inspection Sellers Real Estate Agent Contracts 36

Birmingham Appraisal

JANUARY 29, 2025

Beyond what you see during the appraisal inspection do you understand the appraisal process or anything about what appraisers do? Whether its for a legal case or determining fair market value for an estate, these appraisers are just as important in providing accurate and reliable valuations.

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Appraisal Appraisal Process Valuation Buyers 63

Realvals

JUNE 18, 2023

By providing clear evidence of the value of your assets, you can help avoid disagreements among your loved ones after you’re gone. Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. An appraisal can assist you in determining the value of real estate, personal items, and business interests.

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Appraisal Property Taxes Real Estate Market Value 145

Genworth MI Blog

JUNE 27, 2019

Will the appraised value be sufficient for the loan?”. Will I be seen as overstepping the law? This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. If I have questions, what am I allowed to ask?

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Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

Will the appraised value be sufficient for the loan?”. Will I be seen as overstepping the law? This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. If I have questions, what am I allowed to ask?

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Birmingham Appraisal

JUNE 19, 2024

This means that, as an appraiser, I am bound to keep your appraisal report and its findings confidential, sharing them only with those whom you have authorized or as required by law. This includes the details within your appraisal report, such as the appraised value of your property, and any analyses or conclusions drawn by the appraiser.

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Appraisal Appraisal Process Clients Real Estate 83

Boston Appraisal

OCTOBER 27, 2023

Why Property Appraisals are Important in Divorce Cases A property appraisal is an objective and unbiased estimate of the market value of a property, on a given date. The effective date can be different from the date of inspection or the date of report, depending on the circumstances and requirements of the case.

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Appraisal Property Appraisal Inspection Legal 78

Quicken Loans

JUNE 8, 2021

You might have to place an offer or bid before viewing or inspecting the home. Bear in mind that every state has unique laws and regulations concerning foreclosures. It’s important to work with an expert who understands these laws. You should also include a contingency for a home inspection in your offer.

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Real Estate Agent Inspection Government Real Estate 72

McKissock

OCTOBER 29, 2021

” “Remain unbiased at all times and use reliable data to support your value conclusions.” ” “Be thorough on your inspections.” The inspection part is the easy part. ” “Find yourself a good mentor who will train you properly, follow the law, and research, research, research.

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Appraisal Inspection Training Development 88

Eppraisal

JULY 2, 2024

Additionally, the presence of squatters can decrease the property's market value, making it harder to sell or lease at a competitive price. Laws regarding squatting vary significantly by state, with some states providing more protections to squatters than others.

Real Estate 36

Real Estate Investors Legal Fees Legal 36

The Robert Weiler Company

SEPTEMBER 16, 2022

Hiring a well-established, local company to perform the Ohio conservation easement appraisal can provide peace of mind given their history and local market knowledge.) Essentially, the donation equals the difference between the property’s fair market value, before and after the easement takes effect.

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Easement Appraisal Development Property Appraisal 148

East Coast Appraisal

JULY 7, 2022

It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. Some people falsify their property's information to increase its market value. Remember, the soil type often influences land value depending on its intended purpose. Fabricating the Property's Information.

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Property Appraisal Appraisal Valuation Appraisal Process 52

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. A home appraisal determines the fair market value of a home. While there are different laws for different states, Fannie Mae has a general list of requirements on their site.

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Appraisal Process Appraisal Construction Sellers 139

Town & Country Residential Appraisals

JULY 25, 2022

Most states have very defined laws as to whether or not a trainee can be at a property without their supervisor. In Pennsylvania, after a trainee has accumulated a minimum of 300 field hours and the supervisor deems them to be competent to complete the inspection independently, they do not need the supervisor on site.

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Real Estate Training Appraisal Inspection 58

East Coast Appraisal

MARCH 16, 2023

A home appraisal is one of the best ways to determine a property's market value. A higher appraisal value means you can sell your home for a higher price, which can result in a larger profit for you as the seller. A clean interior can make a very good first impression when a prospective buyer comes to inspect your house.

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Appraisal Renovations Home Value Inspection 52

Lamacchia Realty

AUGUST 12, 2021

Fixer-uppers tend to be popular among real estate investors as well as first-time homebuyers as they present an opportunity to buy below market value. By making updates, the buyer is able to meet or exceed current market standards and build equity in their property faster.

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Renovations Finance Inspection Buyers 69

AmeriMac

OCTOBER 28, 2024

Sold below market value, they often require significant repairs. The property may also have legal issues, like title problems or unpaid liens, which can affect its value. Appraisers must fully understand foreclosure processes, legal issues, and local market trends to set the correct market value for REO properties.

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Property Appraisal Appraisal Legal Valuation 36

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?

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Real Estate Appraisal Property Appraisal Valuation 60

Property Metrics

AUGUST 13, 2020

A liquid asset is one that can be sold immediately at market value. If an owner had to sell a piece of real estate by the end of the day, chances are that it would be for a price far below market value. The degree of illiquidity varies according to location, property type, and market cycle. Liquidity Risk.

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Real Estate Tenants Investing Construction 53

PennyMac

AUGUST 31, 2024

Home Inspection The home inspection helps identify any potential property issues. Many mortgage companies mandate a home inspection before approving a loan. The inspection report, shared with both buyer and seller, can lead to further negotiations, particularly if repairs or updates are necessary.

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Inspection Real Estate Agent Sellers Legal 36

AmeriMac

FEBRUARY 25, 2021

In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. After an in-depth inspection, the appraiser will offer the FHA an insight into the property’s market value. Moreover, the U.S. Are FHA Appraisals Public Record?

Appraisal 36

Appraisal Insurance Appraisal Process Market Value 36

AmeriMac

FEBRUARY 25, 2021

In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. After an in-depth inspection, the appraiser will offer the FHA an insight into the property’s market value. Moreover, the U.S. Are FHA Appraisals Public Record?

Appraisal 36

Appraisal Insurance Appraisal Process Market Value 36

Will Springer Realtor

MARCH 7, 2023

Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. For residential parcels, fair market value is generally determined by analyzing recent sales of comparable properties in the same area.

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Property Taxes Market Value Real Estate Government 36

AmeriMac

JANUARY 15, 2025

Understanding Different Appraisal Products A real estate appraisal is a detailed study determining a property’s market value for potential buyers. Understanding valuation methods, market trends, and property analysis is crucial to establish this value.

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Appraisal Valuation Appraisal Process Real Estate 36

Listing Spark

AUGUST 2, 2021

Selling with Offerpad consists of 5 straightforward steps: Offer Request Offer Sent Offer Accepted On Site Inspection Closing. They will have a price floor and price ceiling that can change based on the market they are buying and selling within. Home Inspection. Let’s take a closer look at each of these steps.

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Contracts Inspection Real Estate Sellers 36

AmeriMac

FEBRUARY 25, 2021

In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. After an in-depth inspection, the appraiser will offer the FHA an insight into the property’s market value. Moreover, the U.S. Are FHA Appraisals Public Record?

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Appraisal Insurance Appraisal Process Market Value 28

Appraisal Today

OCTOBER 6, 2023

I always thought the accused could face their accuser in a court of law in America. Fannie Mae sees the appraisal process as “inspection + value.” Yet, the idea of sitting at the desk and relying on some stranger to gather the nuances of the property to generate a value is wildly flawed. There is a difference.

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Appraisal Contracts Real Estate Mortgage 86

Quicken Loans

JUNE 3, 2021

After a homeowner accepts an offer, the iBuyer will set up and pay for a home inspection. The home buyer is responsible for scheduling and paying for an inspection and appraisal of the property. iBuyers insist that these calculations provide them with fair market values of homes. iBuying FAQs.

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Sellers Buyers Agents Real Estate Agent 55

PennyMac

JUNE 28, 2022

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. State laws will usually dictate who is legally responsible for overseeing the closing. The agency will use the data from the inspection to plan for flooding emergencies. Lead-Based Paint Inspection.

Property Taxes 36

Property Taxes Insurance Sellers Inspection 36

Listing Spark

JUNE 6, 2024

However, ListingSpark offers MLS listing and syndication plus a 150-point marketing plan and e-flyer blast to help you get your property listed and noticed. Familiarizing yourself with local and state laws is crucial, and consulting with an attorney can help ensure you comply with all legal requirements.

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Real Estate Agent Legal Real Estate Agents 36

Listing Spark

JUNE 13, 2024

To determine a fair market value, consider getting a Comparative Market Analysis (CMA) report. ListingSpark offers an online “Market Compare” tool for customers. Contingencies : Common contingencies include home inspections, financing, and appraisals.

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Realtors Open Houses Legal Real Estate Agent 36

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.” Value acceptance is 3 out of 5 – no appraisers. Or desktop appraisals and inspection only. Diversify!!

Appraisal 52

Appraisal Bracketing Valuation Contracts 52

Assurance Financial

NOVEMBER 9, 2021

That’s why it’s beneficial to hire someone to conduct a pre-inspection of the house so you can pinpoint and fix any problems before listing the property. Consider closing costs and concessions: In a competitive market, you may have to go the extra mile by paying for closing costs or including concessions to close the deal.

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Marketing Sellers Real Estate Buyers 36

Housing Wire

APRIL 25, 2022

Minority homeowners are paying more for public services relative to the market value of their homes, the researchers wrote, a dynamic the researchers demonstrated in all but a handful of states. There is a great reluctance on part of most homeowners to have an interior inspection,” said Youngman.

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Property Taxes Appraisal Government Valuation 435

Clear Capital

FEBRUARY 13, 2023

Clear Capital combines our highly accurate ClearAVM with our Property Condition Inspection (PCI) products to provide a nationwide evaluation solution to meet this requirement. In addition to controlling data inputs, an AVM should have continuous oversight to ensure ongoing compliance with Fair Lending Laws.

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Valuation Lending Inspection Real Estate Agent 69

Assurance Financial

APRIL 29, 2021

If the house doesn’t pass inspection or the sale doesn’t go through due to an allowable contingency, the buyer gets the EMD back. FMV (Fair Market Value). A home’s fair market value or FMV is the price it would sell for under normal conditions. government.

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Mortgage HOA Insurance Real Estate Agent 74

Appraisal Today

MARCH 21, 2025

So one main difference between traditional lender appraisals and relocation appraisals is the forecasting aspect: whereas lender appraisals determine a current market value, relocation appraisals try to project what the sales price WILL be. You definitely needed to be nice, not rush through the inspection, dress professionally, etc.

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Appraisal Reconsideration of Value Mortgage Contracts 52