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Florida Seller's Information for Appraiser provided to Buyer

St. Petersburg Florida Seller's Information for Appraiser provided to Buyer

Name: St. Petersburg Florida Seller's Information for Appraiser provided to Buyer
Brand: US Legal Forms
Rating: 4.8 (278 reviews)

Category:

Florida Real Estate - Home Sale

State:

Florida

Control #:

FL-00472-2

Format:

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Description

This Seller's Information for Appraiser provided to Buyer form is used by the Buyer in Florida to provide information required by an appraiser in order to conduct an appraisal of the property prior to purchase. The Seller provides this completed form to the Buyer, who furnishes it to the appraiser. This form is designed to make the transaction flow more efficiently.

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FAQ

?In general, it's nice to have somebody there as long as they don't interfere with the process,? said Graham. ?Be there to answer questions and provide necessary access, but just know when to keep your distance and let the appraiser do their work.?

A home appraiser's job is to assess the condition of your home and to provide an expert opinion on its estimated market value. They examine factors such as a home's condition, comparable recent sales, and any special features that could impact the property's value.

Once a buyer is approved for a certain amount, the lender sends a licensed appraiser to the property in order to estimate its value. If the purchase price is more than the value of the appraisal, the buyer may request a reduction in price from the seller.

If you have a previous appraisal, I might suggest you use my Appraiser Info Sheet to share information appraisers tend to ask about, and then say nothing more than, ?I have a previous appraisal if you want to see it.? If the appraiser doesn't want it, that's fine. If the appraiser does, that's fine too.

Since the buyer pays for the appraisal, he or she has the right to get a free copy of the full report. The buyer is entitled to see the appraisal, but not the seller, unless the buyer wants to use it to negotiate a lower selling price.

The seller often does not generally get a copy of the appraisal, but they can request one. The CRES Risk Management legal advice team noted that an appraisal is material to a transaction and like a property inspection report for a purchase, it needs to be provided to the seller, whether or not the sale closes.

Just keep your communication to the appraiser about the facts of the home and neighborhood, how you priced the house, and any other relevant information you think the appraiser should know. And remember, don't discuss value. Don't pressure the appraiser to 'hit the value' and you'll be fine.

A lender, buyer or seller can't ask an appraiser to give the property a specific value. But if you work with your agent to provide evidence of errors in the appraisal and the lender finds your request is well-supported, they may ask the appraiser to take a second look.

The CRES Risk Management legal advice team noted that an appraisal is material to a transaction and like a property inspection report for a purchase, it needs to be provided to the seller, whether or not the sale closes.

Lenders are in fact obligated to share a copy of all appraisals obtained in connection with an application for credit that will be secured by a first mortgage. BUT ? that copy can just be a black and white copy or a digital copy that still has the lender's name on it (important for the below point).

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But that's up to the lender, not to the agent. When their projects are done, they fill out a short cost survey.As long as they don't discuss value, agents and sellers can provide details they think are beneficial. Abandoned houses in san antonio for sale. PRICE CHANGE Status. In the real estate transaction, the thing we hear the most is you know, especially if you're a buyer. Jay Heidel Keller Williams Realty St Petersburg 360 Central Ave, Suite 600 St Petersburg, FL 33701 727-642-9633 Home values in Houston, TX. Contact our team Events – Diocese of Saint Petersburg. Petersburg, St. Выгодные тарифы на мобильную связь и интернет. X. Its located in the Lakes at White Mill neighborhood and is part of the Fulton County School District.

St. Petersburg Florida Seller's Information for Appraiser provided to Buyer

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FAQ

Should you walk around with the appraiser?

What do appraisers look at the most?

Who orders the appraisal in Florida?

Is it okay to share a previous appraisal with the appraiser?

Does buyer have to share appraisal with seller in Florida?

Does the seller get a copy of the appraisal in Florida?

What should you not say to an appraiser?

Can seller ask for another appraisal?

Should you share appraisal report with seller?

Can you share appraisals?

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St. Petersburg Florida Seller's Information for Appraiser provided to Buyer

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