It’s important to understand what a home inspection isn’t. It’s NOT an appraisal. The inspector will offer no opinion about a property’s value. It’s NOT an estimate of what repairs might cost. That will require bids from qualified contractors. It’s NOT a legal guarantee against a possible lawsuit alleging misrepresentation.

RealtyTrac reports foreclosure filings rise 3% in January Foreclosure Activity Up 3% for the Month, Down 10% From Last Year 02/15/2012 By: Esther cho foreclosure activity increased 3 percent in January, but is still down 10 percent compared to a year ago in January 2011, according to the U.S. Foreclosure Market Report released by RealtyTrac Thursday.Top 8 states for mortgage fraud MountainView set to invest in “non-prime” mortgages Similarly Non Prime attributes also called as Non Key attributes. Attributes of the relation which does not exist in any of the possible candidate keys of the relation, such attributes are called non prime or non key attributes.

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Tip: Some sellers have a home inspection done before they put their home on the market. Even in that case, you should still hire a home inspector to look over the property. The couple of hundred dollars you’ll spend is worth it to get a second opinion.

What Happens if a Seller Fails to Disclose Defects When Selling Property? In many states, an owner selling property has an obligation to disclose any latent defect(s) with that property.. The owner and agent may remain liable even if the buyer’s inspector does not discover the defect(s) during inspection.

UNC director says data supports Occupy Our Homes dismay Bill would cut all funding to HUD The Trump administration wants to slash funding for the Department of Housing and Urban Development, including deep cuts to the federal. crafted after the bill’s passage, the administration added.Contact Us . Department of Communication CB# 3285, 115 Bingham Hall. The University of North Carolina at Chapel Hill Chapel Hill, NC 27599-3285. t. (919) 962-2311 | f.

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Make sure all utilities are on: Even if your home is vacant and you have no immediate "need" to have the electricity, water, or gas on, your potential buyers will need those items to be available for inspections and the appraisal. You can also get a home inspection before you list your home, in order to alleviate potential repairs before a.

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Appraisal – A determination of value. Your lender will send an appraiser to the property to assess the “value” of the property.. Inspections – Simultaneously is also time to contract a Licensed Home Inspector and inspect the property. 9). We will email you if a property is reduced or leaves the market. Add/Modify Email Alerts Click.