Search results
Results from the WOW.Com Content Network
However, among the contingencies being waived were two important ones: the inspection and the appraisal. That put buyers at risk of purchasing a money pit, or losing money if they back out of the ...
1. Hire a Home Inspector. Ryan Luke from Arrest Your Debt says:. A good home inspection will cost you several hundred dollars. When you are already spending so much money, it may be difficult to ...
If you're planning to retire in the next few years, you might have some trouble qualifying for a mortgage. While lenders can't deny you a mortgage based on your age, they can take your future ...
Property condition assessments (PCAs) (also known as the property condition report, or PCR) are due diligence projects associated with commercial real estate.Commercial property and building inspections are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, financing or simply maintaining.
The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a fair market value determined by an appraisal. Lenders will often not lend more than a certain percentage (fraction) of the appraised value, so ...
The Real Estate Counseling Group of America (RECGA) was founded in 1970 by William N. Kinnard, a former president of the American Real Estate and Urban Economics Association, who sought to bring together a small group of top U.S. real estate appraisal and consulting experts to meet regularly, consult with each other on complex topics, and serve as co-authors and co-references for a growing ...
Once you understand why a home might fail inspection, you can better formulate a repair plan. Here are 15 common things that may come up and what you can do to address the issues.
Rates on a 15-year mortgage stand at an average 6.18% for purchase and 6.22% for refinance, down 6 basis points from 6.24% for purchase and 4 basis points from 6.26% for refinance this time last ...