Sentences with phrase «than appraisal»

But in this case, because the amount borrowed was more than the appraisal, the bank had a problem.

There are other, lenders out there that don't charge upfront fees (other than appraisal costs and what not) that you should look to do business with.

There's no reason to assume the contract price is the «correct» price simply because it's higher than the appraisal, she said.

Although lenders may use the sale price to determine the amount of the mortgage they will offer, they generally only do so when the property is sold for less than the appraisal amount.

We're actually pricing it lower than our appraisal in hopes of a quick and low - stress sale!

The only service charge more expensive than the appraisal was the lender's own origination fee, with the cost of escrow services ranking third.

A home inspection gives the buyer more detailed information than an appraisal — information you need to make a wise decision.

Other than the appraisal and home inspection fees, which are normally paid upfront, most of the other fees are paid at the time of closing.

That said, you should NOT be paying more than the appraisal value for a turnkey property.

Buyers aren't required to get a home inspection, but it's strongly recommended, as they're much more detailed and granular than an appraisal.

A home inspection is much more granular and detailed than an appraisal.

The $ 850 million purchase price for the Lord & Taylor building is about 30 percent higher than an appraisal made in July 2016.

In this scenario, the lender would not loan you any more than the appraisal amount.

A consistent source of formal and iconographic inspiration to academically trained, historically engaged artists throughout the twentieth century (from Paul Klee to Max Ernst to Julian Schnabel), talented autodidacts like Czech artist Anna Zemánková (1908 — 86) have too often been discussed using a pseudo-critical vocabulary (such as «compulsive visionaries,» coined by the Los Angeles County Museum of Art in 1992) that reads more like a diagnosis than an appraisal.

Moody's bases its valuations on sales data rather than appraisals.

Wohl said he expects the sale price to be lower than the appraisal.

Housing values are rising faster than appraisals, which rely on past sales, said Wood.

A Comparable Market Analysis from an experienced Realtor is often the best indication of value for a few reasons: (1) it is far cheaper and faster than a formal appraisal; (2) it is often more accurate than appraisals and far more accurate than a Zillow, Trulia, Redfin, etc. estimate.

«Fall through» is when a home under contract fails to reach settlement, perhaps because of a failed inspection or because the sale price is higher than the appraisal price, which can make it harder for the buyer to get a loan.

A true professional real estate opinion of value is just as, if not more valuable than any appraisal in my opinion as we agents are on the street viewing and showing all properties so we know what other homes truly compete for the current inventory of buyers and therefore are in the best position to show both sides of the coin.

For instance, if you want to purchase a home that is currently valued at $ 100,000 but it needs $ 20,000 worth of repairs, many mortgage companies will not lend you more than the appraisal value of the home.

Buyers aren't required to get a home inspection, but it's strongly recommended, as they're much more detailed and granular than an appraisal.

The obligations of the Code of Ethics in respect of real estate disciplines other than appraisal shall be interpreted and applied in accordance with the standards of competence and practice which clients and the public reasonably require to protect their rights and interests considering the complexity of the transaction, the availability of expert assistance, and, where the REALTOR ® is an agent or subagent, the obligations of a fiduciary.

A home inspection is much more granular and detailed than an appraisal.

«There's no reason to assume the contract price is the «correct» price simply because it's higher than the appraisal.»

This is a precarious situation by which either you have to drop the deal or renegotiate with the seller to make sure the price comes in less than the appraisal.

A VA loan can't be issued for more than the appraisal value, so a low appraisal can send buyers scrambling.

«We came up with a number that was $ 45,000 more than the appraisal we had gotten just a year before,» adds Drake.

A summary of the HPPI: Owners are still estimating their homes at higher values than the appraisal, although the spread is now slightly narrower.

I agree with Tom, any fees before closing is extremely suspicious (other than appraisals or inspections or what not).

This is the magic number because 95 % of the buyers will be getting a loan and the lender will not loan more than appraisal.