Housing Wire
SEPTEMBER 9, 2020
Another critical element, according to agents, is not to make the deals contingent upon things like inspections and not to “nickel and dime” the seller. For our seller-clients, we were counseling them on how the buyers waive appraisals or waive mortgage contingencies,” Cordano said.
Housing Wire
NOVEMBER 8, 2021
Next, he has his buyers write a letter to the seller, a practice that has come under scrutiny lately for creating potential biases. I’d say there is a 50/50 chance of a letter having an impact on sellers, but when things are tough, it’s worth a shot,” Pascoe said.
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Housing Wire
AUGUST 2, 2022
The VA said it would conduct oversight of alternative appraisals through its current audit process and “address any willful or negligent practices.”. The VA’s lengthy appraisal process — or, at least, the perception that it is more difficult — is one reason sellers prefer borrowers with other kinds of financing over veterans.
Appraisal Hub
DECEMBER 11, 2024
If the inspector finds issues, you can: Negotiate repairs with the seller. Appraisals arent just for buyerstheyre also invaluable for sellers. A pre-listing appraisal helps sellers set a realistic price, ensuring their property doesnt sit on the market for months. A home inspection helps you avoid that nightmare.
Birmingham Appraisal
AUGUST 23, 2023
The agent’s client (buyer or seller) can make an informed buying or selling decision and the appraiser’s client (bank) can make an informed lending decision. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.
Appraisal Hub
SEPTEMBER 8, 2023
One crucial step that often goes unnoticed by many prospective homeowners is the mortgage appraisal. This step is not just a formality; it plays a pivotal role in determining whether or not you get approved for a mortgage. Appraisal Hub, for instance, stands out as one of the leading appraisal firms in the industry.
Appraisal Hub
MARCH 19, 2023
How Can Buyers And Sellers Benefit From Appraisals? If you’re buying, a professional appraisal can show you the true value of the property you are interested in purchasing. For example, the report will reveal if you are paying too much for the home so that you can renegotiate with the seller. Appraisal Hub Inc.
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