Tidewater Meaning Real Estate at Lachlan Mckeehan blog

Tidewater Meaning Real Estate. What is tidewater for a va appraisal? The appraiser declares this initiative or process when their opinion of value is lower than the contract price. Va home loan guidelines require an appraiser to call “tidewater” anytime their assessment of value comes in lower than the sales price on any given transaction. If the va appraiser believes that the actual home value will be lower than the listing price, they will invoke tidewater. It is used in cases where the property appraises. In civilian home sales, the buying party is usually free to use whatever appraiser they’d like—sort of. This is simply a heads up that gives the listing agent 48. Tidewater initiative is the name given to a process for va home appraisers. The tidewater process is an extra step that sometimes occurs with va home appraisals. In simpler terms, in order to reduce the requests from veterans to have the va reconsider the value of a home (after an appraisal comes in. The tidewater initiative (or tidewater for short) is used when the appraised value of a home falls below its contract purchase price worked out by the buyer and seller. This process can also be referred to as “initiating tidewater.” The va has a unique set of protocols, known as the tidewater initiative, that a va appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price.

This process can also be referred to as “initiating tidewater.” If the va appraiser believes that the actual home value will be lower than the listing price, they will invoke tidewater. In simpler terms, in order to reduce the requests from veterans to have the va reconsider the value of a home (after an appraisal comes in. This is simply a heads up that gives the listing agent 48. It is used in cases where the property appraises. The tidewater process is an extra step that sometimes occurs with va home appraisals. The tidewater initiative (or tidewater for short) is used when the appraised value of a home falls below its contract purchase price worked out by the buyer and seller. The va has a unique set of protocols, known as the tidewater initiative, that a va appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price. What is tidewater for a va appraisal? The appraiser declares this initiative or process when their opinion of value is lower than the contract price.

Tidewater Real Estate, Oriental North Carolina Waterfront Property Oriental, NC

Tidewater Meaning Real Estate Va home loan guidelines require an appraiser to call “tidewater” anytime their assessment of value comes in lower than the sales price on any given transaction. The va has a unique set of protocols, known as the tidewater initiative, that a va appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price. It is used in cases where the property appraises. What is tidewater for a va appraisal? This process can also be referred to as “initiating tidewater.” The appraiser declares this initiative or process when their opinion of value is lower than the contract price. Va home loan guidelines require an appraiser to call “tidewater” anytime their assessment of value comes in lower than the sales price on any given transaction. This is simply a heads up that gives the listing agent 48. If the va appraiser believes that the actual home value will be lower than the listing price, they will invoke tidewater. In simpler terms, in order to reduce the requests from veterans to have the va reconsider the value of a home (after an appraisal comes in. Tidewater initiative is the name given to a process for va home appraisers. In civilian home sales, the buying party is usually free to use whatever appraiser they’d like—sort of. The tidewater process is an extra step that sometimes occurs with va home appraisals. The tidewater initiative (or tidewater for short) is used when the appraised value of a home falls below its contract purchase price worked out by the buyer and seller.