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Closing on a House: Settlement Tips for Home Sellers

Realtor

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.

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What is the Difference Between Assessed Value and Market Value?

Lamacchia Realty

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.

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9 tips for homebuyers in non-disclosure states

Housing Wire

.: Alaska Idaho Kansas Montana New Mexico North Dakota Utah Wyoming Louisiana Missouri (partial) Mississippi Texas Purchasing real estate in a non-disclosure state can significantly impact home buyers because it’s next to impossible to find property sale prices through public records.

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Do Appraisal Gap Clauses Impact Appraisals?

Cleveland Appraisal Blog

It states that the buyer will still purchase the home at the contract price, even if the appraised value is lower than the contract price by a certain amount. Appraisal gap clauses have become relatively common in recent years due to many homes being sold at prices that market data does not support as being the market value.

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How to Appeal Your Property Taxes in King County

Will Springer Realtor

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. A large part of each property tax dollar goes to pay off construction bonds for school buildings and other public projects.

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How to price homes properly in a volatile housing market

Housing Wire

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

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Demystifying Closing Costs: What Home Buyers and Sellers Should Expect

Eppraisal

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?

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