Housing Wire

FEBRUARY 21, 2023

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. These are market-based decisions.” Kearney’s simple strategy for surviving as a high-volume seller in an environment where demand has dried up: listen to the market and do what it says. “As

Housing Market 397

Housing Market Renovations Marketing Retail 397

Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value.

Inspection 459

Inspection Appraisal Appraisal Process Buyers 459

Realtor

MAY 17, 2023

As a seller, here’s what you need to know about the settlement process. If the appraisal comes in higher than the sales price, then the buyers can relax in the satisfaction they’ve purchased a home for less than its market value. Once the contract has been signed, a seller can’t renegotiate the price higher.

Sellers 138

Sellers Inspection Contracts Property Taxes 138

Miller Samuel

NOVEMBER 30, 2018

Liability insurers are already talking about a new target when things go south. The seller and the buyer determined the market value by agreeing on the price." from an out of market area) and will also mortgage fraud supercharged. The problem with this logic is the buyer may not be fully informed (i.e.,

Appraisal 300

Appraisal Inspection Real Estate Agent Agents 300

Appraisal Hub

DECEMBER 11, 2024

If the inspector finds issues, you can: Negotiate repairs with the seller. For a relatively minor cost, a home inspection is the smartest insurance policy you can buy against inheriting a money pit. A home appraisal determines the fair market value of the property. Determines the propertys market value.

Inspection 78

Inspection Buyers Appraisal Investing 78

Realtor

NOVEMBER 7, 2023

This amount can change depending on market factors. If demand in your area is high, a seller could expect a larger deposit. If the market is cold, a seller could be happy with less than 1%. Other governing factors like state limitations and rules can cap how much earnest money a seller can ask for.

Inspection 191

Inspection Insurance Sellers Buyers 191

Realtor

OCTOBER 29, 2020

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. As part of the closing process, your mortgage lender will require a title search, and you’ll need to purchase title insurance to protect you from legal claims to the house.

Buyers 207

Buyers Inspection Contracts Real Estate Agent 207

Lamacchia Realty

NOVEMBER 8, 2023

6 SMART STRATEGIES TO LOWER YOUR HOME INSURANCE COSTS Anyone who owns a house understands just how important home insurance is – it protects what is most people’s most significant investment. When unexpected disasters or damages strike, home insurance can be the key to getting back on track in the aftermath of tragedy.

Insurance 74

Insurance Market Value Realty Investing 74

Listing Spark

DECEMBER 9, 2020

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees).

Sellers 69

Sellers HOA Insurance Contracts 69

Appraisal Hub

NOVEMBER 30, 2023

Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key. employ certified professionals who understand the nuances of the local market.

Appraisal 78

Appraisal Property Taxes Valuation Market Value 78

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. Time and energy have been spent and now the seller knows just how much they can reasonably expect from traditional buyers.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Appraisal Hub

JULY 26, 2024

Imagine you could get a report card for a home, highlighting each element that adds or subtracts value. Whether buying, selling, or refinancing a property, a meticulous and professional appraisal is essential to ensure fair market value. Knowing the property’s actual value ensures you make a sound financial decision.

Valuation 78

Valuation Buyers Market Value Appraisal 78

Realvals

JUNE 18, 2023

An appraisal will provide you with the current market value of your real estate. In some cases, if you and your spouse cannot reach an agreement on the value of your shared property, a court may require a professional appraisal. You’ll learn the current market value, and even valuable income info if requested.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Appraisal Partners Blog

FEBRUARY 9, 2025

A home appraisal is an unbiased, professional opinion of a property’s fair market value. It’s conducted by a licensed or certified appraiser who is independent of the buyer, seller, and lender. For Divorce Settlements: Real estate is often a significant asset that needs to be valued fairly during divorce proceedings.

Appraisal 78

Appraisal Property Taxes Inspection Sellers 78

Eppraisal

FEBRUARY 14, 2024

Let's delve into the intricacies of closing costs, what they entail, and how they impact both buyers and sellers. These costs typically include a variety of fees, such as loan origination fees, appraisal fees, title insurance, escrow fees, and taxes. What are Closing Costs?

Sellers 36

Sellers Buyers Property Taxes Real Estate Agent 36

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. Your offer will only become legally binding if the seller signs it.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Assurance Financial

APRIL 29, 2021

Earnest money is a portion of the sale price of the home that a buyer pays upfront, after the seller accepts their offer. The deposit shows that a buyer is serious and allows the seller to take the home off the market. If the buyer backs out of the sale, the seller gets to keep the earnest money. Fair Market Value.

Mortgage 69

Mortgage Insurance Inspection Sellers 69

Lamacchia Realty

MAY 19, 2023

To add insult to injury, insurance doesn’t cover it. People may often say that no price is too high ensure the safety of their families, but when the cost of repair is almost equal to the value of the entire home, this just isn’t feasible for many. At this time, where the funding will come from has not been determined.

Sellers 69

Sellers Buyers Government Insurance 69

Appraisal Today

AUGUST 9, 2024

Market Value and Appraised Value: Exploring Various Appraisal Values By Jo Traut Excerpts: You’ve probably been asked about the difference between “market value and appraised value” by clients seeking a mortgage. We don’t provide an appraised value of a property.

Appraisal 67

Appraisal Reconsideration of Value Insurance Market Value 67

Realtor

OCTOBER 29, 2020

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. As part of the closing process, your mortgage lender will require a title search, and you’ll need to purchase title insurance to protect you from legal claims to the house.

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

East Coast Appraisal

SEPTEMBER 26, 2023

An accurate appraisal can help: A buyer to avoid overpaying for a property A seller to ensure they get a good price for their property A lender to avoid lending more than the property's fair market value Property buyers, sellers, and lenders enjoy these benefits if they work with the right appraiser.

Real Estate 52

Real Estate Appraisal Property Appraisal Insurance 52

Zillow

JULY 15, 2019

Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer. Days on market (DOM) : The number of days a property listing is considered active.

Real Estate Agent 56

Real Estate Agent Inspection Insurance Sellers 56

Will Springer Realtor

FEBRUARY 27, 2024

One scheme growing in popularity involves “title pirates,” fake sellers who convince a buyer, real estate agent and/or title company that the “sellers” own a property and want to get rid of it quickly. Title insurers are at the forefront by confirming the owners’ true identity, even contacting them directly through U.S.

Real Estate 62

Real Estate Sellers Real Estate Agent Technology 62

Raleigh Realty

AUGUST 27, 2021

It lets sellers know that you are serious about purchasing their home and that you have done the work to be in good financial standing. Sellers want to know that you will be able to follow-through with the purchase of their home. Loans such as these often will require you to purchase mortgage insurance, which is an added monthly fee.

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

Eppraisal

NOVEMBER 28, 2023

Conventional Mortgages Conventional mortgages are home loans not insured by the federal government. Consider tax deductions through your local or state government and seller concessions to save more money. They can be conforming or nonconforming.  Conforming

Finance 69

Finance Government Insurance Property Taxes 69

Assurance Financial

MAY 18, 2022

It guarantees or insures the FHA loan program. Since private lenders have insurance from the FHA, they are more likely to lend money to people who wouldn’t qualify for a conventional mortgage. In exchange for looser requirements and government insurance, FHA loans require borrowers to pay mortgage insurance.

Insurance 69

Insurance Government Mortgage Sellers 69

Appraisal Partners Blog

JANUARY 18, 2025

Commercial appraisals are not merely about determining the market value of a building; they are about assessing the economic potential and risks associated with that property. Vacancy significantly reduces the propertys income and market value.

Investors 78

Investors Appraisal Business Tenants 78

Hank Miller Team

NOVEMBER 22, 2022

In brief (operative word), an appraisal is an estimate of the current market value of a home completed by an appraiser using set evaluation criteria. They do not represent either buyer or seller. If the appraisal comes in below contract price, there are actions taken between buyer and seller that can work to resolve the issue.

Inspection 52

Inspection Appraisal Buyers Sellers 52

Town & Country Residential Appraisals

JULY 5, 2022

The buyer and seller might have opposing Interests but they equally desire for the sale to close. The buyer obviously wants to have ownership of the home and the seller would like to, for whatever the reason, no longer own the home and either pay off their existing loan and/or walk away with some cash.

Appraisal 58

Appraisal Sellers Agents Real Estate 58

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. Other users might be sellers, mortgage underwriting, banks, and contractors. Appraisal vs Home Inspection.

Appraisal 98

Appraisal Inspection Appraisal Process Real Estate Agent 98

Housing Wire

JANUARY 19, 2025

The home insurance crisis has entered a new phase Climate change has forced home insurance companies to retreat from areas that are increasingly prone to natural disasters, and California is chief among them because of the risk of wildfires. This will force homeowners to either pay more monthly or go without insurance.

Property Taxes 397

Property Taxes Insurance Valuation Transportation 397

Empire Appraisal Group

JULY 1, 2021

It’s also the appraiser’s job to develop an opinion on a home’s fair market value, and just because the buyer and seller have agreed on a price doesn’t mean that’s the true value of the property, said Francois Gregoire, broker, appraiser, instructor, and president of Gregoire & Gregoire Inc.,

Agents 78

Agents Appraisal Real Estate Realtors 78

PennyMac

SEPTEMBER 2, 2024

Some of a Loan Processor’s responsibilities include: Collecting proof of employment, assets, debt, income and homeowners insurance Your Loan Processor’s primary job is to verify the information you’ve provided on your mortgage application. Lenders need to know a home’s value to make sure they won’t lend more than a home is worth.

Mortgage 63

Mortgage Insurance Real Estate Agent Appraisal 63

Assurance Financial

DECEMBER 20, 2021

In a traditional home sale, the seller lists the house for a price that will cover the following costs: The mortgage’s remaining costs. After taking care of the above expenses, whatever amount is left over is the seller’s profit. As a result, the seller no longer has that mortgage. Traditional Home Sale.

Mortgage 74

Mortgage Sellers Buyers Finance 74

East Coast Appraisal

FEBRUARY 23, 2022

Property owners, sellers, renters, buyers, and even mortgage companies can all benefit from commercial property appraisals. For example, you can: Set the listing price slightly above the appraisal value if you don't want to sell the property below its market value. Property Purchase or Sale. ?.

Property Appraisal 52

Property Appraisal Appraisal Real Estate Property Taxes 52

Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values.

Appraisal 78

Appraisal Construction Contracts Architecture 78

The Robert Weiler Company

OCTOBER 21, 2022

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. Generally, a commercial real estate appraisal is an unbiased valuation assessment to help you determine the value of a commercial property.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60