Chicagoland Appraisal Blog

JANUARY 21, 2020

Chicagoland Appraisals had the privilege to be featured on Redfin amongst other top appraisal companies across America to give the best way to build home equity in America. Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. A saltwater pool?

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Appraisal Partners Blog

FEBRUARY 4, 2020

How to Build Equity in Your Home. Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

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Will Springer Realtor

JULY 25, 2023

Before we get there, now may be a good time to plan for the inevitable. One of those objectives may be to make renovations on the home now when you can still safely – and, we trust, affordably – manage the projects before being too busy playing pickleball, volunteering your time or traveling the world. But, hold on!

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AmeriMac

APRIL 15, 2024

When it comes to buying, selling, or refinancing a home, one important step in the process is getting a home appraisal. A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property.

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McKissock

OCTOBER 12, 2021

At some point it’s no longer “normal market value minus cost to cure equals as-is value.” There is virtually no way to get a mortgage on the property in its present condition, so it takes a cash buyer. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers.

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McKissock

MARCH 30, 2021

In my welcome tote bag was a cardboard slide rule type device called a Home-Rule ® , subtitled “Residential Real Estate Sales Price Computer.” ” How did the Home-Rule work? ” Mr. Herbert Lafferty copyrighted the Home-Rule device in 1979. The Home-Rule’s credibility.

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Birmingham Appraisal

AUGUST 23, 2022

How Should You Compare Your Home To Recent Neighborhood Sales? Are you curious about the market value of your home? Have you seen nearby homes sell and wondered how your home might compare to recent neighborhood sales? You can check out all of the traits that make a sale a comp from a previous post I wrote.

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Appraisal Today

JULY 14, 2023

Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Built in 1968 and recently remodeled. I still hear from appraisers who let their insurance lapse. The 8,000+ sq. 3 bedrooms. A waterfront estate in Seattle.

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Cornerstone

MAY 4, 2021

If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. In a normal market, you’ll see a 6-month supply of homes for sale. This means competition among homebuyers is high, and homes are selling fast. Reading Time: 4 minutes.

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Lamacchia Realty

JULY 29, 2022

10 SUMMER IMPROVEMENT PROJECTS FOR YOUR FLORIDA HOME. On the other hand, summer is also an excellent time to get started on projects around your Florida home that will add value to your property on top of improving its overall appeal. Improvement projects for your Florida home to tackle this summer.

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Appraisal Today

JUNE 3, 2022

Don’t get caught like a deer in the headlights! State appraisal boards ARE disciplining appraisers across the country for improperly using the business income (Short term Rental – STR) from Airbnbs on the residential 1007 Fannie Mae form. The photo below has an exterior entrance to a bedroom, typical for an Airbnb remodeling.

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PennyMac

JULY 21, 2021

When it comes to remodeling plans, most homeowners immediately think of upgrades to be made inside of the house. Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. She offers these three steps to get you started.

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Appraisal Today

DECEMBER 23, 2022

Note: the link to the complementary post, “How to Pull Comps on a Complex Property,” is included in this blog post. Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! Lot: 25 acres.

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Listing Spark

JULY 5, 2023

Just over a year ago, homes on the market in Austin were available for only 19 days. Even in 2023, as the market starts to return to normal, many homes across Texas are on the market for less than two months before they find a new owner. Otherwise, new apps may fall through the cracks or off of your home screen.

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Berkshire Hathaway

AUGUST 30, 2022

Minor Bathroom Remodel. As it turns out, however, the greatest home improvement ROI coincides with remodeling the bathrooms. Instead of initiating a little project in each room, conducting a minor bathroom remodel may be better. If for nothing else, curb appeal helps sell homes. Minor Kitchen Remodel.

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Chicagoland Appraisal Blog

APRIL 3, 2020

The Windy City is home to more than 2.7 According to data from governing.com , Chicago has nearly 550,00 housing units built before 1939 or earlier. According to data from governing.com , Chicago has nearly 550,00 housing units built before 1939 or earlier. Which types of homes tend to be most attractive to buyers?

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Valuation Nation

NOVEMBER 1, 2022

The following link is a blog that Woody Fincham, SRA, AI-RRS, ASA, ASA was quoted in. This is poste d with the owner of the blog’s permission. housing market and mortgage rates , you may have seen home prices in your area sliding downward like a slow-motion roller coaster. What makes a house a “high-performance home”?

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Appraisal Today

NOVEMBER 17, 2023

Property Data Collectors (PDCs) Will Be Widely Used by Lenders in the GSEs Value Acceptance + Property Data Option” This is an excellent diversification opportunity while business is slow. acre lot A spectacular midcentury modern home, cantilevered 16 feet in the air, recently hit the market for $3 million in Oakland, CA.

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Will Springer Realtor

JANUARY 9, 2024

The National Association of Realtors® noted an estimated 41% of owners remain in their homes for a duration equal to or exceeding the median tenure of 13 years thanks to today’s higher rates. They voted to allow up to six dwellings in areas close to transit and up to four in other areas that previously only permitted one home per parcel.

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Quicken Loans

JULY 5, 2021

Many people want their home to be as energy efficient as possible. Real estate agents all over the United States boast that green homes may sell faster and for a higher price than traditional homes. Did you know there’s a specific certification for resource efficient buildings, including homes? What Is LEED?

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PennyMac

JANUARY 16, 2022

That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). Buying a vacation home? The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels.

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Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes.

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McKissock

JULY 28, 2020

Below are just a couple examples of AVM inaccuracies that I found from my small-town market of 685 single family homes: For nearly a year, one of the top online real estate websites estimated one of my rental houses to be in the low to mid $300,000s. In this case, I paid just $30,000 for it in 2014 and put $7,000 into remodeling.

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Quicken Loans

APRIL 6, 2021

If you’re in the market for a new home, there are a lot of considerations that must be weighed before pulling the trigger. But, these days, an increasing number of home buyers are forgoing the detached, single-family home in favor of the more community-minded style of living that condos and townhouses provide. What Is A Condo?

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Will Springer Realtor

MARCH 14, 2022

Most home buyers focus on the direction of interest rates. Until the start of this conflict, rates were expected to rise steadily through 2022 with anywhere from three to five Federal Reserve-generated hikes to stem the rapid rate of inflation. I think the hit from higher inflation [impacts] your lower-income consumers most directly.”.

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Will Springer Realtor

DECEMBER 12, 2023

A warm and sincere happy holidays from myself and everyone at John L. We have enjoyed working with many of you this year and providing informative stories and features in this newsletter as well as on the Living the Dream blog and social media platforms. It was a year of gyrating mortgage rates and stubbornly high home prices.

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Will Springer Realtor

JULY 9, 2021

Make sure residents can get to their employer and to a jobs center. Plan ways for people to get around, whether they are walking, biking or rolling (including wheelchairs). Cities and neighborhoods are where we all should answer our questions about home and community. THE ROI OF HOME RENOVATION. Send me a message.

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