Assertion: appraisal | /r/HasProperty | required
Facets:
value: generally
type: DEGREE
value: often
type: TEMPORAL
value: in many cases
type: TEMPORAL
Source sentences:
text: An appraisal is generally required when property is financed,and should be required before a real estate agent attempts to market anything significantly different from properties commonly and frequently sold in the marketplace.
text: Appraisals are needed to ensure the homebuyer, the home seller and the mortgage lender receive the accurate and true value of the real estate in question.
text: Are appraisals necessary?
text: In many cases, this estimate is necessary before a piece of artwork, jewelry or even a home can be insured.
text: However, the general rule is that appraisals aren’t always needed when the total amount of the loan when refinanced is $250,000 or less.
text: As such, appraisals are generally a requirement you can’t get out of.
text: That's why an appraisal is often a required step as part of a larger real estate transaction.
text: However, re-appraisals can be required if the market is changing rapidly.
text: Appraisals may also be required when an owner has less than 20% down payment and needs mortgage default insurance.
text: An appraisal is usually required before a mortgage loan can be fully approved and funded.
text: Using a BPO when an appraisal is required can result in trouble for the landowner.
text: An appraisal may also be needed when a donation to a charity is deemed tax deductible, for estate or gift tax, or for a liquidation.
text: However, there are several other reasons why an appraisal might be needed.
text: An appraisal waiver can also be denied any time the lender has a reasonable belief that an appraisal is necessary.
text: Appraisals are necessary for an insurance company to begin a policy for your ring.