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Chicago Residential Lease for 2017

Chicagoland Appraisal Blog

The Chicago Association of Realtors has released the 2017 Chicago Residential Lease for apartments, condominiums, single-family homes, and townhomes. In their post from January 4, 2017, the updated 2017 Chicago residential lease with the new security deposit interest rates can found.

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5 Things You Didn’t Know a VA Loan Could Do for You

Realtor

realtor.com Because of the bravery and sacrifices of veterans and active military, the rest of the country’s civilians can live the American dream in safety.

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Patch of Land to Attend FinCon 2017 in Dallas

Patch of Land

Patch of Land is excited to attend #FinCon17 on October 25-28, 2017 at the Sheraton Dallas Hotel ! On October 25th-28th, 2017 an energetic community of money media nerds will descend on Dallas, TX for a weekend of connecting and learning. FinCon: Where Money and Media Meet. Will you be there? Attendees connect with others in the community, learn to create, promote, and profit from compelling online content, and discover new trends in personal finance and investing.

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Square footage: Ask three professionals, get three different answers.

Padove Appraisal Service

Imagine you are in the process of purchasing a home. The real estate agent you are working with tells you the house is 2,200 square feet. The local tax assessor indicates that it’s 2,350 square feet. The appraisal report was just delivered and it says the home is 1,925 square feet. Who’s right?

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Is it a condo? Is it a townhome? Maybe it’s both!

Padove Appraisal Service

Philadelphia and the surrounding area offers a wide variety of housing options. Condominiums and. townhomes served by a homeowners’ association (HOA) are becoming increasingly popular. Residences. that are part of an HOA typically require payment of monthly dues however, these dues often cover.

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Commercial Real Estate Appraiser – Minnesota

MN Real Estate Services

Commercial Real Estate Appraisals Are More Complicated Than the Typical House Appraisal. That is hardly a surprise. Unlike most home appraisals, there are usually far fewer comprable (comps) properties with which to do an accurate valuation based on market activity.

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Communicating With The Appraiser: Top 10 Guide For Getting Answers About a Home Appraisal And Staying Compliant

Genworth MI Blog

The home appraisal has been requested … and the waiting begins. As a lender, many questions race through your mind: “Will the property condition be acceptable? Will repairs be needed? Will the appraiser give credit for all the upgrades in the home? Is the appraiser familiar with the neighborhood?

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Commercial Real Estate Appraisals – Minnesota When You Need It Done Right

MN Real Estate Services

Commercial Real Estate Appraisals – Minnesota. When you need it done Right. Call 612-618-0917. link]. Our Appraisals Stand Up in Court. We are Court certified and expert witnesses. Because when we do an appraisal we are careful to understand all aspects of a properties value.

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Real Estate Appraisals That Will Stand Up In Court, If They Had To – Minnesota

MN Real Estate Services

When Emotions Are Raw, and Trust Is Low, You Need a Real Estate Appraisal That Could Stand Up In Court If It Had To. Your client is going through divorce and there is real property involved.

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How Does Lot Size Impact Property Value?

CP Home Appraisals

Homeowners who have larger lots than other lots in their area want to know if the value of their home would be substantially more. If a specific lot is approximately 3,000 to 5,000 square feet larger than other lots, it should have an appraised value that is greater.

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How Does Lot Size Impact Property Value?

CP Home Appraisals

Homeowners who have larger lots than other lots in their area want to know if the value of their home would be substantially more. If a specific lot is approximately 3,000 to 5,000 square feet larger than other lots, it should have an appraised value that is greater.

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Recapping Some of the 2017 Real Estate News that is Impacting Investors

Patch of Land

It seems like at the end of every year we tend to wrap it up with reviews and lists to summarize the year’s activity. So we thought it would be fun to summarize three big stories in real estate so far this year. Sit back, relax, grab a cup of coffee, and find out what you might have missed. Investors Enjoy a Resurging Market. House flipping declined significantly after the financial crisis of 2007-2008.

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9 Home-Buying Costs Veterans and Active Military Should Keep in Mind

Realtor

Veterans United Home Loans 2016 For veterans and active military, VA loans are a great way to achieve the dream of homeownership. More than 22 million service members have used these flexible, no down payment loans since 1944.

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Industrial Real Estate Appraisal Trends

MN Real Estate Services

23, 2017 /PRNewswire/ — Steered ahead by strengthening demand in smaller markets, the commercial real estate sector should remain on stable ground in 2017 and offer decent returns for investors, according to the latest National Association of Realtors® quarterly commercial real estate forecast. economy is poised for slight improvement in 2017. National and Regional Industrial Real Estate Appraisal Trends.

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Recent Appraisal Topics

MN Real Estate Services

Rules Change? Possible loss of business for Appraisers. Are we setting the stage for future misery, again? bank regulators may increase the commercial loan threshold for requiring appraisals from $250,000 to $400,000, Bloomberg reported. The change could make it easier for small-business owners to secure financing and also ease costs since appraisal fees are typically well over $2,000.

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Communicating With The Appraiser: Top 10 Guide For Getting Answers About a Home Appraisal And Staying Compliant

Genworth MI Blog

The home appraisal has been requested … and the waiting begins. As a lender, many questions race through your mind: “Will the property condition be acceptable? Will repairs be needed? Will the appraiser give credit for all the upgrades in the home? Is the appraiser familiar with the neighborhood? Will the appraiser use good comparables? Will the appraised value be sufficient for the loan?”. It is not difficult to guess what you are thinking: “If I have questions, what am I allowed to ask?

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How to Sell a House to a Family Member: Tax Implications and Experts You Should Hire

Realtor

MarsBars/iStock If you’re wondering how to sell a house to a family member, first, a bit of congratulations are in order. You’ve found a buyer! The most strenuous part of the home-selling process is already over. So now what?

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How to Sell a House to a Family Member: Tax Implications and Experts You Should Hire

Realtor

MarsBars/iStock If you’re wondering how to sell a house to a family member, first, a bit of congratulations are in order. You’ve found a buyer! The most strenuous part of the home-selling process is already over. So now what?

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Real Estate Appraisal Resources: The Ultimate List

Realvals

The following is a list of real estate resources compiled for the purpose of having a quick reference to these sources. I will be adding to the list as needed so come back often. Appraisal Organizations. Appraisal Foundation (TAF). Appraisal Subcommittee (ASC). Appraisal Institute (AI).

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Desktop Appraisals: Everything You Need to Know

Realvals

If you’re involved in the real estate industry in any way, you may have seen them or heard about them by now. They provide a quick estimate of property value without a hefty price tag. Homeowners, brokers, lenders, developers, and investors all use them.

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5 Things You Didn’t Know a VA Loan Could Do for You

Realtor

realtor.com Because of the bravery and sacrifices of veterans and active military, the rest of the country’s civilians can live the American dream in safety.

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How to Handle a Low House Appraisal and Not Lose Your Dream Home

Realtor

Kenishirotie/iStock It’s disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on.

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How to Handle a Low House Appraisal and Not Lose Your Dream Home

Realtor

Kenishirotie/iStock It’s disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on.

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A Seller Giving a Counteroffer Over the Asking Price: Absurd but Not Unheard Of

Realtor

SIphotography/iStock Can a seller give a counteroffer over the asking price? (It It seems strange—if the seller thought the home was worth more, maybe he should have started with a higher asking price.) Well, the short answer is yes.

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A Seller Giving a Counteroffer Over the Asking Price: Absurd but Not Unheard Of

Realtor

SIphotography/iStock Can a seller give a counteroffer over the asking price? (It It seems strange—if the seller thought the home was worth more, maybe he should have started with a higher asking price.) Well, the short answer is yes.

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9 Home-Buying Costs Veterans and Active Military Should Keep in Mind

Realtor

Veterans United Home Loans 2016 For veterans and active military, VA loans are a great way to achieve the dream of homeownership. More than 22 million service members have used these flexible, no down payment loans since 1944.

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How to Prepare for an Appraisal and Showcase Your Home at Its Best

Realtor

SolisImages/iStock Determining a price for your home can be stressful, especially if you don’t know how to prepare for an appraisal. If the home’s appraised value is too far from the listing price, it can make or break the deal.

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How to Prepare for an Appraisal and Showcase Your Home at Its Best

Realtor

SolisImages/iStock Determining a price for your home can be stressful, especially if you don’t know how to prepare for an appraisal. If the home’s appraised value is too far from the listing price, it can make or break the deal.

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Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The title is definitely eye-catching especially to an appraiser in Chicago.

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Get ready to be gouged on home appraisal fees

Chicagoland Appraisal Blog

On February 9, 2017, Sen. Pamela J.

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How Long Does It Take to Get a Mortgage? Longer Than You Might Think

Realtor

Marrypopins/iStock In the age of same-day delivery and smartphones, we’re used to rapid wish fulfillment. With a few clicks and taps, and within hours, a drone drops a package on your porch. But when it comes to getting a mortgage, that’s just not how things work.

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How Long Does It Take to Get a Mortgage? Longer Than You Might Think

Realtor

Marrypopins/iStock In the age of same-day delivery and smartphones, we’re used to rapid wish fulfillment. With a few clicks and taps, and within hours, a drone drops a package on your porch. But when it comes to getting a mortgage, that’s just not how things work.

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How do you count the value of a converted garage when appraising a home?

Realvals

This is a question that comes up more than you would think. There could be many different answers, so I’ll try to cover each one below. Converting your garage into a studio, man cave, or whatever, can be an excellent way to add some living space to your home.

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Do appraisals take into account home renovations? To what extent?

Realvals

There are always pros and cons with any home renovation. The biggest pro is that your home always looks way better, and the biggest con is that it always costs too much money. Renovation pros and cons also apply when it comes to home appraisals.

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The Home Appraisal Checklist Form [Digital and Printable]

Realvals

I’m often asked by homeowners if there is anything they need to do to prepare for the home inspection. I usually inform them to clean up a little and gather any information they have on the property.

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Steps to Buy a House: How Long Do They Take?

Realtor

Pureradiancephoto/iStock Homes aren’t impulse purchases.

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Steps to Buy a House: How Long Do They Take?

Realtor

Pureradiancephoto/iStock Homes aren’t impulse purchases.

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Ready to Buy in Orange County? These Are the Cities You Can Afford

Realvals

Some of the first concerns that come to mind when looking for a new home are the budget and how far that budget will go. Since you’re most likely not a billionaire, knowing what cities you can afford is important.

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Rocker Steve Miller Sued for Ditching $6.7M Mansion

Realtor

Mike Coppola/Getty Images Rocker Steve Miller ‘s a joker, backing out of buying a $6.7 million mansion in Dutchess County at the last minute and leaving the owner in a lurch, a new Manhattan federal lawsuit says.

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Rocker Steve Miller Sued for Ditching $6.7M Mansion

Realtor

Mike Coppola/Getty Images Rocker Steve Miller ‘s a joker, backing out of buying a $6.7 million mansion in Dutchess County at the last minute and leaving the owner in a lurch, a new Manhattan federal lawsuit says.