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Eighth Inning - Appraisals
Pitch 1- Appraisal
An appraisal is a matter of opinion and the process is in the midst of
significant change.
Pitch 2 - Inspections / Repairs
The inspections: structural, mechanical
and termite. Make arrangements to do these as quickly as possible. If possible have all
inspectors there at the same time. This covers new construction as well. Once
the inspections are complete, the
summary of repairs needed is given to the seller. They can either make them or allow for
them to be made or do nothing. The buyer can also walk if nothing is done and get their good faith money
back if this is a part of their
contract. In North Carolina, the template covers this feature.
Pitch
3 - Surveys
All the
professionals are doing their work: appraisals, inspectors, repair people,
insurance agents, paralegals and surveyors. Some think surveys are not
required and sometimes in an established neighborhood with no recent
improvements maybe they aren't, but recent revelations seem to indicate that
a survey is worth the very small investment...and keeping it handy for
future sales or fences or making improvements is a wise move. See Real
Estate Pros for detailed explanation.
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