Sentences with phrase «what real estate appraisers»
Knowing what real estate appraisers (and homebuyers) are looking for will help you sell your property faster.
http://rismedia.com/
A lender can not finance a loan above what a real estate appraiser determines the value to be.
A lender can not finance a loan above what a real estate appraiser determines the value to be.
Not exact matches
Appraised value is determined by a licensed real estate appraiser and is used primarily for determining whether or not a mortgage should be issued and for what amount.
In addition to that sizeable down payment you've worked so hard to save for, don't forget about what's owed to your real estate professional, your mortgage appraiser and your home inspector.
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Since it took effect May 1, 2009, the Home Valuation Code of Conduct (HVCC) has generated significant commentary among real estate professionals, appraisers, and lenders — as well as plenty of uncertainty over exactly what the agreement does and does not allow.
What's more, when real estate professionals try to share comparables or familiarize out - of - area appraisers with unique market issues, appraisers say they can't talk to them.
One big misunderstanding between real estate agents and appraisers centers on how, when, and what they can communicate about the valuation process, said panelists at a Valuation Forum on Saturday at the 2013 REALTORS ® Conference & Expo.
My combined knowledge is gained from experience acquired thus: New home Builder in my father's business Licensed tradesman Conciliator - Inspector: Tarion New Home Warranty Corp. (Ontario) National warranty adjuster, PAFCO Insurance Real Estate Appraiser affiliated with / member of Appraisal Institute of Canada Realtor, paying member of CREA University degree: Political Science Not bragging, just exposing the truth about what «should» constitute where «combined knowledge» might flow from.
The course also covers the appraisal side of the issue, teaching real estate professionals about their responsibility in meeting the appraiser, and what to do if the property doesn't appraise.
The issue is a growing disconnect between the comps used by appraisers and what buyers are actually willing to pay in some of Canada's tightest real estate markets.
One big misunderstanding between real estate agents and appraisers centers on how, when, and what they can communicate about the valuation process.
«What I use it for as a real estate broker is totally different than what an appraiser would use it for,» adds BenWhat I use it for as a real estate broker is totally different than what an appraiser would use it for,» adds Benwhat an appraiser would use it for,» adds Benson.
Automated online home value estimators generally use a computer algorithm that has been formulated to try to do what a human appraiser or real estate agent would do: compare the property (your home) against other nearby homes that have recently sold (the comparable properties, or «comps»).
The easiest way for you to get some estimates is to ask an appraiser and / or some real estate agents what they use.
Don't blame the real estate appraiser if it turns out that house you're trying to sell or buy isn't worth what you thought it was.
These requirements have left real estate agents and appraisers confused about what can or can not be discussed during the appraisal process, and with whom agents can talk to if they have a complaint about the results of an appraisal.
Grow your business with an appraisal blog As a follow - up to my recent post on the 6 reasons real estate appraisers should have a blog I thought I would discuss what steps you can take to actually get started.
What a great tool, too bad it is only available to real estate professionals [lawyers, appraisers, REALTORS, etc]
It's tough for homeowners to fully recapture what they spend on remodeling at the time of a sale, said Dean P. Zibas, an Orange County, Calif., real estate appraiser.
The appraiser's job is to reflect the thoughts and actions of real estate investors who finance new construction, major renovation projects and property purchases in their analyses of what a building is worth.
For an unbiased analysis of what their home would be worth both before and after an improvement project, a homeowner can work with a qualified real estate appraiser — such as a Designated member of the Appraisal Institute — to conduct a feasibility study.