If the Realtor is buying the house for 85 - 95% of the appraised value, the Realtor should pay for the appraisal since they are the Buyer and you are the Seller. It is no longer a Buyers market so I would be hesitant to work with that Realtor that is trying to buy your home for under its true value. I do not know how the real estate market is in IN but it sounds like a scam. The Realtor can then sell it for a profit. Monies you should have gotten for it.... more
The operative word in your question is "appraisal". Only a licensed appraiser can perform an appraisal. Realtors call that same activity Opinion of Value or Competitive market Analysis and are/should be careful not to suggest their service is an appraisal.
True, Realtors and appraisers have the same information available, but an appraisal uses more scientific data to determine a value than most Realtors would use.... more
If the builder is "obligated" to have the rails a particular color you should wait to close until it is correct or get an estimate on the fix and have that amount deducted from the purchase price. Experience has shown us that you do not close until things are correct.... more
Hi, it is very important that you first find an engineer who works with the town on various projects and knows what they are looking for. The person is your key to streamlining the process and getting the proper information to the town less time which means a savings to you. If you are looking to sell the parcel or parcels, I have a vast knowledge of land and would be happy to lend my services to you. Have a great day!... more
With the information you provided, there should not be a problem. You should definately consider your goals when applying for your mortgage. Being 22 and no lids is this the house you are going to live in the rest of your rlife? 10 years? 5 years? Choosing your mortgage is as important as choosing the right property. You want to keep your payment affordable and get the best rate and terms all at the same time. Please feel free to email me firstname.lastname@example.org if you would like some referrals of some great mortage people and as well i can help you find the property that is right for you. I work extensively in this area and would love to help you out. Good luck and i hope to hear from you.... more