Housing Wire

FEBRUARY 16, 2022

The following are some helpful suggestions for vetting a private money lender: Request a list of references for other real estate investors who have recently completed transactions with the lender. Even if a mortgage broker or conventional lender is unable to fund the transaction, they might be able to refer.

Real Estate 382

Real Estate Investing Investors Renovations 382

Eppraisal

AUGUST 2, 2022

Whether you have just purchased an investment property or have had one for some time, if it is ready for a renovation, you will want to carefully select your materials. Paint Choices Paint is the number one material you will want to be durable when choosing your materials for renovating your rental property.

Renovations 36

Renovations Landlords Tenants Investing 36

Housing Wire

JULY 20, 2022

Homeowners constructing an ADU – whose total build costs run over $150,000, according to the report – use cash out refinances, home equity loans, and renovation loans. The problem then, the authors found, is ascertaining favorable financing. How to minimize tenant turnover using online property management tools.

Finance 367

Finance Legal Landlords Construction 367

Housing Wire

DECEMBER 30, 2022

Temporary rate buydowns that lower mortgage rates during the initial period will be products LOs will be pushing for, as well as diversification of mortgage products that include renovation products or construction loans. Instead, they’ll be seeking to renovate their homes.”.

Renovations 376

Renovations Realtors Construction Mortgage 376

Housing Wire

MARCH 22, 2021

Specifically, the state said that Modus used its partnership with “Staging Boost,” a platform that works with third-party vendor ZingFix to offer cleaning, landscaping, staging and listing preparation renovation with a deferred payment. ” Inman News first reported the planned license revocation.

Insurance 422

Insurance Real Estate Agent Brokerage Real Estate 422

Zillow

MARCH 13, 2018

Even if you’re ready for a kitchen renovation or anxious for a bathroom remodel, figuring out how to plan a home renovation that doesn’t break the bank can be tricky. For example, a kitchen generally accounts for 10 to 15 percent of the property value, so spend no more than this on kitchen renovation costs.

Renovations 50

Renovations Contracts Modernization Investing 50

Housing Wire

JANUARY 5, 2024

The Federal Reserve When your clients express concern about interest rates, they’re likely referring to the larger-scale changes with long-term effects that are tied to the Federal Reserve (“The Fed”) and its monetary policy. The Fed’s primary objective is to promote a strong U.S.

Real Estate 421

Real Estate Agents Marketing Sellers 421

Housing Wire

OCTOBER 5, 2021

ADU’s, sometimes referred to as “granny flats,” are livable units that are sometimes detached or attached to a home. Most homeowners finance ADUs through home equity loans, cash-out refinancings and construction/renovation loans.

Finance 357

Finance Construction Renovations Design 357

Zillow

JUNE 10, 2019

Rather, I'm referring to discretionary remodeling, expansions and other improvement projects. A home renovation can be yet another big and stressful project, what with all the decisions to make and contractors to deal with. Any renovation, no matter how small, should be designed with care. You need time to plan.

Renovations 36

Renovations Home Improvement Design Buyers 36

Eppraisal

SEPTEMBER 19, 2023

Whether you're looking to update a single room, increase your home value or undertake a whole-house renovation, following a structured approach will help ensure a successful outcome. It's wise to allocate a contingency fund for unforeseen circumstances that may arise during the renovation process.

Renovations 69

Renovations Inspection Design Development 69

Birmingham Appraisal

MAY 21, 2024

Renovations and updates can reduce these effects by increasing a home’s market appeal and extending its lifespan. The first impression a home makes, often referred to as curb appeal, is important and can be enhanced with simple upgrades like landscaping or exterior paint.

Home Value 70

Home Value Architecture Renovations Real Estate 70

Lamacchia Realty

AUGUST 12, 2021

What to Consider Before Purchasing a Fixer-Upper Although fixer-uppers are more affordable than purchasing a turnkey home in the perfect neighborhood, the process of buying a fixer-upper and renovating it is more complicated than what you see on television. How Much Time Do They Take to Renovate? Traveling a lot?

Renovations 69

Renovations Finance Inspection Buyers 69

Housing Wire

OCTOBER 20, 2023

Post decorating and renovation tips Since customization is commonplace among homeowners, posting decorating or renovation tips may be helpful to your audience. Sharing tips could also secure referrals for businesses you partner with, who could in turn be more motivated to refer you to their client base.

Real Estate 342

Real Estate Agents Real Estate Agent Clients 342

McKissock

NOVEMBER 24, 2022

Renovation and Remodeling Appraisal Considerations When appraising proposed modifications, remodels, or renovations to a residential property, appraisers must decide the feasibility of the modification, if it adds any contributory value, if it extends the remaining economic life, or possibly improves the property’s marketability.

Appraisal 52

Appraisal Renovations Architecture Real Estate 52

Housing Wire

OCTOBER 17, 2023

“Our team tries to make every effort to purchase the properties on the front side,” said Mary Tritt, managing broker at Tritt Realty , a Carrollton, Georgia-based company that buys and renovates distressed properties. There are good reasons why institutional buyers might buy pre-foreclosure properties at a deeper discount.

Buyers 373

Buyers Retail Market Value Real Estate Agent 373

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Signed lease documents, detailed rent roll, etc.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Today

MAY 17, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M I’m always looking for something new = What Impact Do Renovations Have on Appraisal Value?

Tools 64

Tools Appraisal Renovations Design 64

Lamacchia Realty

MAY 11, 2021

As a member of Leading Real Estate Companies of the World , the Lamacchia Relocation Department never hesitated to refer clients out of state and around the globe. The Chelmsford location is under significant renovations and will celebrate is grand opening in June.

Brokerage 69

Brokerage Realty Renovations Clients 69

Chicagoland Appraisal Blog

MAY 13, 2021

And that means you can actually impact your home’s value by making renovations that are likely to increase its marketability and value in the real estate market. . Some real estate firms or banks may refer to the home appraisal as a real estate appraisal. Overly personalized renovations. Expanded or renovated front porch.

Appraisal 88

Appraisal Renovations Home Value Real Estate 88

Property Metrics

APRIL 7, 2022

Depending on the context, yield on cost is also commonly referred to as the going-in cap rate, development yield, return on cost, cost cap rate, or build-to rate. Finally, we’ll take a look at how to calculate the yield on cost for specific construction or renovation projects. Yield on Cost Formula. The yield on cost of 9.6%

Renovations 41

Renovations Development Real Estate Tenants 41

Padove Appraisal Service

JANUARY 14, 2018

Chronological age refers to the actual age of the dwelling. Effective age refers to how old the structure appears to be or “feels.” Updates refer to the physical condition of the home, while upgrades refer to the quality of construction materials used. Determination of chronological age is relatively easy.

Home Improvement 78

Home Improvement Appraisal Construction Renovations 78

Movoto

MAY 15, 2024

As such, home equity loans should be used to increase the property’s value through repairs or renovations. This can be used for various purposes, like home renovations or other expenses. They can be used for home renovations but can be applied to other expenses as the borrower sees fit. Repayment Period.

Renovations 36

Renovations Finance Lending Real Estate 36

Birmingham Appraisal

FEBRUARY 28, 2023

Sellers should be transparent about any issues with the property, such as previous damage, repairs, or renovations. Providing information about updates or renovations can help the appraiser estimate effective age more accurately which will have a positive effect on the final opinion of value.

Sellers 82

Sellers Real Estate Appraisal Appraisal Process 82

Lamacchia Realty

JULY 7, 2021

After massive renovations, 6 North Road in Chelmsford has a whole new look and is built to accommodate Lamacchia Realty’s Chelmsford agents as well as agents that were previously located in the Westford office. During the renovation period, Lamacchia Chelmsford agents operated out of the Westford Office.

Business 66

Business Renovations Realty Realtors 66

Boston Appraisal

FEBRUARY 2, 2023

For example, public records may not reflect any renovations or additions that have been made to the property since the records were created. A small, independent living area constructed on the same property as a single-family home is referred to as an accessory unit. It is also known as a secondary unit or in-law unit.

Inspection 78

Inspection Law Real Estate Agent Appraisal 78

Boston Appraisal

FEBRUARY 2, 2023

For example, public records may not reflect any renovations or additions that have been made to the property since the records were created. A small, independent living area constructed on the same property as a single-family home is referred to as an accessory unit. It is also known as a secondary unit or in-law unit.

Inspection 78

Inspection Law Real Estate Agent Appraisal 78

Eppraisal

OCTOBER 31, 2023

Comparable Properties (Comps) Listings with similar specs — lot size, square footage, number of bedrooms and bathrooms, floor plan, and architectural style — as your home sold within the past six months are excellent points of reference when pricing your house. Search real estate listing sites to find suitable candidates.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Boston Appraisal

DECEMBER 11, 2023

You should also disclose any special circumstances or contingencies that may affect the value of the property, such as repairs, renovations, easements, or encroachments. Appraisals are needed for a range of reasons, such as a property purchase, or a refinance, divorces, estate settlements, or tax purposes, etc.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

Housing Wire

JULY 8, 2022

Among the positives highlighted by Progress Residential: Renovating 100% of homes at the time of acquisition or vacancy, with some $21 billion invested in U.S. Make no mistake about it: These companies engage in equity stripping,” she said, referring to institutional players in the SFR market. homes since its founding in 2012.

Tenants 391

Tenants Investors Investing Government 391

PennyMac

OCTOBER 10, 2023

Again, this refers not only to the appearance of the interior but also to the working condition of standard household assets such as: Plumbing Electrical and HVAC systems Doors and windows Light fixtures Any kitchen appliances to be included in the sale Attic, basement and foundation. Home improvements and renovations.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Housing Wire

FEBRUARY 8, 2024

It is often the first point of contact between you and potential clients, or it’s how clients confirm if you’re the right fit after you’ve been referred to them. Buzzwords to use Try these buzzwords and phrases to reference your accreditations and designations: “Jane Doe is a member of the REALTOR® Association of Pittsburgh.” “In

Real Estate Agent 366

Real Estate Agent Real Estate Agents Clients 366

Cleveland Appraisal Blog

APRIL 21, 2022

By the way, when I use the term “crazy” in this post, I’m referring to personality clashes between two individuals and not to a mental condition that one may be suffering from. What if the neighbor’s home in poor condition, was purchased and then renovated? Would that then increase the market value of the neighboring homes?

Market Value 350

Market Value Appraisal Agents Real Estate Agent 350

The Robert Weiler Company

SEPTEMBER 23, 2020

Can their references substantiate their claims? Do they have established relationships with local companies who can assist with maintenance and/or renovations? We can also help market your property, attract potential tenants, then qualify them with credit checks and references.

Property Management 142

Property Management Tenants Investing Legal 142

Eppraisal

JANUARY 23, 2024

    Contractor Con Artists Each state has its own laws, but contractors must provide proof of licensure and insurance before starting home renovations. Hiring an unlicensed and uninsured contractor is a liability and could decrease your home's value.  Other

Legal 36

Legal Real Estate Agent Lending Real Estate 36

Housing Wire

FEBRUARY 8, 2024

Also, know about specific local initiatives and incentives, like land trusts, environmental regulations, property developments, or upcoming renovation projects. Be able to name the best grocery stores, community recreation centers, places of worship, nature centers and shopping areas.

Real Estate 310

Real Estate Tools Agents Real Estate Agent 310

The Robert Weiler Company

APRIL 7, 2023

Upgrades to existing buildings brought an even bigger reduction in operating costs globally, with green renovations at 11.5% Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. reduction in operating costs in the first year and a 16.9%

Real Estate 109

Real Estate Construction Development Investing 109

The Robert Weiler Company

MARCH 9, 2021

By referring to his belief in the investment of knowledge paying the best interest. This allows us to perform any level of maintenance and renovations with quick response time and competitive pricing. . “Well done is better than well said.” And yes, there is something positive to be said about that style of growth.

Property Management 148

Property Management Tenants Property Taxes Business 148