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Real estate appraisals: What agents should know

Housing Wire

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? This includes foreclosed properties, flipped properties, distressed properties, commercial properties and industrial properties. The negotiations were successful, and a deal has been reached. Not necessarily.

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First Team High Desert’s Commercial Broker Bruce Kallen Closes $8.2 Million in Sales in Just One Week

First Team Real Estate

HESPERIA, CA – Commercial broker and manager of the First Team Real Estate High Desert offices, Bruce Kallen recently closed escrow on two significant commercial transactions totaling over $8 million in closed sale volume. million, and a $1.45 million 7-11 anchored strip center in the Victor Valley. million, and a $1.45

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What AVMs can and can’t do in the appraisal process

Housing Wire

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” Sometimes there are adverse site conditions for properties, such as busy streets, flood zones, commercial influence, etc.

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Should I Waive a Home Inspection? Why Buyers Are Willing To Right Now

Realtor.com

When we finally did go under contract on this third home, we learned of another issue: Home inspectors in the area were booked for two weeks and up, but our contract stated that we had only seven days to get an inspection done. We got lucky, but it left me wondering: Is it ever OK to waive a home inspection?

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How Long Does It Take to Close on a House From Start to Finish?

HomeLight

How long does closing take from here? Next steps include the home inspection, appraisal, and final paperwork. But the time required to process and underwrite the loan will be in large part what dictates the length of your closing. Average time to close. However, a holdup could push out your projected closing date.

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Things Builders Should Know About Spec Home Loans

Realty Biz

By overcoming obstacles and maximizing profitability, spec house builders can turn their vision into a successful reality in real estate. What is a Spec House? The definition of a spec house is straightforward. A spec home is a newly constructed residential property built by a developer or builder without a buyer already in place.

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Selling a Home in Florida? Here’s What You’ll Owe at Closing

HomeLight

Many Florida home sellers have been caught off guard by the litany of costs they are responsible for at closing. Seasoned Florida Realtor® Zac Coletti said he has encountered many sellers who are blindsided when they find out what they have to pay at closing and often finds himself taking on the role of educator. “It Closing Cost .

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