Appraisal Buzz
MAY 6, 2024
And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket. Couple that with the new Florida regulation requiring HOAs to maintain reserve funds for future expenses related to maintenance and inspections, and it’s no surprise that HOA dues are soaring.
D Fritz Appraisals
OCTOBER 11, 2022
How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.
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D Fritz Appraisals
MARCH 16, 2021
Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals. Copies of any previous appraisals – this can help the appraiser see how the value has changed over the years.
Zillow
JULY 15, 2019
Approved for short sale : A term that indicates that a homeowner’s bank has approved a reduced listing price on a home, and the home is ready for resale. Look for this accreditation or something similar when shopping for a home inspector.). Buyers should budget for an amount that is 1% to 3% of the home's purchase price.
PennyMac
JUNE 28, 2022
From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. If you live in a flood zone, you’ll need to pay a flood inspector from the Federal Emergency Management Agency to certify your home. Lead-Based Paint Inspection. Pest Inspection.
Raleigh Realty
MARCH 29, 2021
This means that it's harder to know a local neighborhood well before searching for homes. Changing locations may make it feel like committing to a home isn't worth the effort, too. With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle.
PennyMac
SEPTEMBER 2, 2020
Potential property value increase: According to the sales comparison approach (SCA), one of the most recognizable forms of valuing residential real estate, a “finished” garage that feels like an extension of the home’s indoor living space is one of several features that can increase overall home value.
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