Reverse Mortgage Loan

Does Seller Have To Disclose Appraisal

The appraisal is the bank’s but they provide you a copy by law but it’s essentiallya courtesy copy. You do not have to share or disclose anything about it. Do not tip your hand to the sellers or their agent; only tell them if you think it will help your situation.

Home appraisals keep sellers from losing money and from unpleasant surprises down the road. It’s better to find out what your home’s value is before listing it so that you have a realistic view of what it will sell for, and what you might need to do to increase the value.

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Should Home Sellers Hire an Appraiser? Menu Search Go. Go. investing. basics stocks real estate Value Investing View All ; Credit & Debt.. If they are given comparable sales, buyers generally do not have enough appraisal knowledge to know how to adjust for variances between the homes.

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Home Sales in New York: What the Listing Broker Must Disclose.. The listing broker is required to advise the seller about the disclosure requirements contained in the PCDA prior to the time the buyer signs the real estate purchase contract. The listing broker will usually provide a blank.

Frank’s contract didn’t have an addendum about providing a copy of the appraisal, and he said he’s never heard of anyone else having one, either. "Why can’t we make future sellers aware such a.

As a seller, you may have some additional costs associated with the FHA loan, requires the seller to sign a disclosure specific to its insurance programs.. The costs can include the.

We believe that the short sellers attack is based on inaccuracies and wrong assumptions. in our first article: "Short Sellers Might Soon Get Squeezed. and we have very strong appraisal practices.

Home Sales in New York: What the Listing Broker Must Disclose.. the listing broker often receives detailed information about the property contained in appraisals, inspection reports, and surveys, and becomes familiar with the condition of the property.. The listing broker is required to advise the seller about the disclosure requirements.

Massachusetts does not require seller property disclosure forms. Some, but not all, real estate companies use a voluntary form, which covers title, zoning, system utilities, building and structural information as well as water drainage problems.

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