Sentences with phrase «need appraisal»

If you're selling to buyers who are getting a mortgage — in other words, most buyers — the lender will need an appraisal.

If the seller is confident in the home's market value, the seller doesn't need an appraisal, and if the buyer is getting a loan, the buyer is going to be getting their «own» appraisal later in the transaction anyway.

Her agent had advised her that the appraiser is the buyers» choice and that she didn't need an appraisal, because the buyers would obtain one when they applied for financing.

I told her she'd need the appraisal anyway, when the house sold.

In some cases we won't need an appraisal if the borrower is willing to pay their closing costs out of pocket.

To make things better, as long as you don't raise your loan amount, you don't need an appraisal either.

In some cases, VA Streamline borrowers won't need an appraisal or even to meet a credit score benchmark.

For most loans we will need an appraisal performed by an MAI appraiser, title report from Stewart Title Co. or Chicago Title Co. and a survey.

Agricultural units also need appraisal.

I tried to focus on the fact that the appraiser told the seller that «she'd need the appraisal anyway when the house sold.»

Cash offers that need no appraisal and waive many contingencies are common, and properties are closing in two weeks.

One situation that many people don't know that they need an appraisal for is when they gift real estate as a charitable donation.

Again, we may need an appraisal and color photo.

We may need an appraisal and color photo for pieces over a certain dollar amount.

• Ask the agent if you need an appraisal for particularly valuable items.

Again, we may need an appraisal and color photo.

In either scenario, you'll need an appraisal, ordered directly by your lender, to substantiate your home's value.

The major plus point of these catalogs is that they do not need appraisal of creditworthiness and therefore are accessible to poor credit score holders.

You'll also need an appraisal and a final review of your loan file by the lender's underwriting staff.

On a purchase you need an appraisal, pest inspections may be needed, and you are dealing with Realtors and sellers also.

The value is < $ 5,000.00 meaning I'll be only filling out Section A. I also know that I don't have any «single» items over $ 500.00 which means I won't need an appraisal (third - party valuation).

You will not need an appraisal and will not be penalized if your house value has decreased.

You'll need an appraisal of the value at the time of conversion to determine your capital gain.

Appraisal — In most cases you will need an appraisal of your home or property in order to get a first or second mortgage.

Buyers need the appraisal to come in at or above what they've offered to pay.

(You won't need an appraisal for cash purchases).

In some cases, VA Streamline borrowers won't need an appraisal or even to meet a credit score benchmark.

FHA streamline applicants don't need an appraisal or even income documentation like W2s and pay stubs.

There are many variables to the program, but under the best circumstances, you don't even need an appraisal, making it a great loan for underwater home owners.

The assets you present as collateral need an appraisal before the lender approves it.

Both of these program may not need an appraisal.

• Ask the agent if you need an appraisal for particularly valuable items.

Guidelines were in place stating that the borrower needed no appraisal to qualify.

Your mortgage lender needs an appraisal of your new home to ensure that it's worth the money that was loaned to build it.

Then the VA Interest Rate Reduction Refinance Loan (IRRRL loan), or more commonly known as the VA Streamline Refinance loan, can be used to refinance your current VA loan to a lower interest rate, or to maybe refinance your adjustable rate mortgage to a new fixed rate loan with minimal paperwork, and usually without needing an appraisal.

Guidelines were in place stating that the borrower needed no appraisal to qualify.

That said, not everyone needs an appraisal report to value their home.

A second mortgage application needs an appraisal provided by a registered Ontario home appraiser.

While these things may need appraisals or other proof of purchase, you can easily add them to most insurance policies for an additional cost.

Although Mario and the company have completed thousands of mortgage appraisals over the past 15 years, our experienced and highly qualified Contra Costa based appraisers «specialize» in helping people who need appraisals for estate purposes, divorce, bankruptcy, FSBO's and more.

Not exact matches

Descalzi said an appraisal well will need to be drilled to determine the deposit's size.

There is no appraisal necessary in most cases, and loans do not need to be underwritten.

If the loan is transferred to a Special Servicer, an appraisal will need to be performed (often done at the borrower's expense).

Senior management needs to take talent management extremely seriously, including leading a rigorous annual evaluation of the performance appraisal process itself.

Managers should be evaluated on how well they measure the performance of their subordinates, and their bonuses and career development need to be tied to the quality of their appraisals and to how well they develop their employees.

(Only in special instances — say, you donated art valued at $ 20,000 or more — do you need to submit a signed appraisal to the IRS with your return.)

These are the costs you need to pay to buy a house and include the fee to launch your mortgage, the real estate agent's commission, the fee for transferring the property title, the cost of a home inspection and appraisal.

You may also need money on hand up front to pay for an appraisal and a home inspection.

An appraisal will help you decide whether or not the asking price is fair; an inspection will help you understand the repairs and renovations needed, which is critical for a bank - owned home.

While you will still need to undergo an appraisal for most kinds of loans, the Home Value Estimator is a fast, free way to get an instant estimate that can be used to help you decide what to offer on a new purchase or how much equity you may have for a refinance.