D Fritz Appraisals

MAY 13, 2024

Whether selling a cozy condo in the heart of downtown or a sprawling estate in the countryside, having a checklist to sell a house is essential to organizing yourself, maximizing your home’s value, and appealing to potential buyers. Selling a home can be exciting and daunting, but with the proper guidance and preparation (i.e.

Real Estate 115

Real Estate Buyers Sellers Appraisal 115

Cleveland Appraisal Blog

JUNE 25, 2021

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. Physical depreciation is the most common cause of loss of value. Even if they are completely renovated, they are still not considered to be new. In a word, depreciation.

Market Value 244

Market Value Appraisal Marketing Buyers 244

Eppraisal

MAY 19, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide an accurate estimate of the property's true market value. They can provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Inspection 36

Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. Buyers gaining power & farewell real estate honeymoon – Sacramento Appraisal Blog.

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Appraisal Development Market Value Tenants 279

PennyMac

JANUARY 2, 2024

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely. It depends.

Home Improvement 36

Home Improvement Renovations Investing Inspection 36

AmeriMac

DECEMBER 30, 2023

Definition and Purpose of REO Appraisals REO appraisals play a crucial role in establishing the market value of homes, especially during the foreclosure process. Mortgage lenders rely on these appraisals to determine the value of fundamental estate-owned properties, directly impacting loan amounts for refinancing.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Eppraisal

OCTOBER 31, 2023

 Better yet, use a real estate agent to do a comparative market analysis and calculate your home’s value impartially. Appraisal Mortgage lenders use home appraisal reports to make credit decisions, so hiring an appraiser can help you learn about your home’s current market value more objectively.  This

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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Appraisal Real Estate Real Estate Agent Contracts 75

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal. The seller can pick a different one.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

McKissock

OCTOBER 3, 2021

As a wholesaler, you need to find a property for sale, acquire a contract from the seller, identify a buyer, and assign the contract to him or her. The only costs you have to cover are those for finding a property for sale and for marketing the property to interested buyers. What about rental properties?

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

Eppraisal

SEPTEMBER 8, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide a precise estimate of the property's true market value. "Consumer They will provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

Realtor

AUGUST 1, 2018

An FHA loan—which allows the buyer to put down as little as 3.5%—sounded This is a payment that’s usually required when the buyer isn’t putting 20% down. You might not be able to use your FHA loan for renovations. It turns out, the type of FHA loan we’d signed onto didn’t allow renovations.

Inspection 136

Inspection Insurance Buyers Renovations 136

Realtor

MAY 10, 2018

If one sibling wants to keep the home, he or she can buy the others out for their share of the home’s fair market value. Real estate agent and attorney Bruce Ailion with Re/Max Town and Country in Atlanta advises siblings to have a discussion to decide what condition to sell the house in— as is or renovated.

Real Estate Agent 85

Real Estate Agent Renovations Real Estate Agents 85

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

If you plan on selling your home, you have two options- either contract a real estate agent to properly help you price and market the home or get an appraisal so that you can maximize your income from the sale. When you are a cash buyer you definitely want to get an appraisal.

Appraisal 50

Appraisal Renovations Real Estate Valuation 50

McKissock

DECEMBER 21, 2021

Firstly, they appeal to a very extensive network of potential affluent buyers as well as marketing strategies that can connect locally, nationally, and even globally. A little bit of friendly competition encourages bidders to commit to properties they love, which increases the chances of your home selling at market value or above.

Marketing 86

Marketing Decorating Buyers Training 86

Realtor

MAY 10, 2018

If one sibling wants to keep the home, he or she can buy the others out for their share of the home’s fair market value. Real estate agent and attorney Bruce Ailion with Re/Max Town and Country in Atlanta advises siblings to have a discussion to decide what condition to sell the house in— as is or renovated.

Real Estate Agent 78

Real Estate Agent Renovations Real Estate Agents 78

PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

McKissock

MARCH 1, 2021

In 2002, when Dara Alperen Cipollone purchased her first home in East Boston, her real estate agent suggested she would be a great fit for residential sales. Some want me to summarize the market data and give concise guidance on market values. Q: What obstacles are Millennials facing in the Boston real estate market?

Real Estate 90

Real Estate Clients Real Estate Agent Renovations 90

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. It’s imperative that agents invest their time to properly prepare comps!

Marketing 404

Marketing Real Estate Agent Clients Tools 404

The Robert Weiler Company

MAY 18, 2022

All expenses associated with the commercial property should be included, such as repairs and renovations, commercial real estate loans and interest rates, and costs associated with selling commercial real estate (e.g., commercial appraisal, commercial real estate agents, advertisements, and upkeep for curb appeal).

Real Estate 148

Real Estate Tenants Retail Investing 148

Realtor

AUGUST 1, 2018

An FHA loan—which allows the buyer to put down as little as 3.5%—sounded This is a payment that’s usually required when the buyer isn’t putting 20% down. You might not be able to use your FHA loan for renovations. It turns out, the type of FHA loan we’d signed onto didn’t allow renovations.

Inspection 78

Inspection Insurance Buyers Renovations 78

D Fritz Appraisals

MARCH 16, 2021

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. Any known inconsistencies with data – if your assessed property value has been fluctuating wildly over the years, this needs to be looked at. This will help ensure a fair market value.

Appraisal 126

Appraisal HOA Easement Valuation 126

Town & Country Residential Appraisals

SEPTEMBER 29, 2019

In home valuation language they are trying to buy under improvements for the neighborhood, which are usually a good deal, and below market value, but then there is the second half. A “dream home'“ is often code for “over improvement for the neighborhood,” and typically see lower market values compared to their costs.

Renovations 46

Renovations Market Value Valuation Appraisal 46

Birmingham Appraisal

AUGUST 23, 2022

Are you curious about the market value of your home? While my main audience for this post is homeowners, real estate agents can also use this method to see how a home they are listing might compare to the recent sales. How Should You Compare Your Home To Recent Neighborhood Sales? If so then this post is for you.

Real Estate Agent 79

Real Estate Agent Appraisal Real Estate Renovations 79

AmeriMac

APRIL 15, 2024

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. Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser.

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Appraisal Appraisal Process Real Estate Renovations 36

Padove Appraisal Service

JANUARY 14, 2018

It is hard to imagine a potential buyer going through a house, with a physical or mental list of all these items. More likely buyers will walk away with a general impression of the house like, “That house has a lot of updates,” or, “That house needs a lot updates.” These sales provide insight into actual market reactions.

Home Improvement 78

Home Improvement Appraisal Construction Renovations 78

AmeriMac

JANUARY 19, 2021

However, the buyer or anyone paying for the appraisal can request a copy of it. Here what you should do is sit down with your real estate agent and review the homes your appraiser deemed similar. Renovating your kitchen, bathroom, or bedrooms. Moreover, the seller and buyer may split the cost between themselves.

Appraisal 36

Appraisal Real Estate Agent Market Value Real Estate 36

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. 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. Renovation loan assessments.

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Appraisal Inspection Property Taxes Easement 105

Cleveland Appraisal Blog

MARCH 4, 2021

Last week, a real estate agent asked me about how appraisers adjust for age. That usually appealing to many home buyers. There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. However, that’s not always the case.

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Appraisal Real Estate Real Estate Agent Loan Conditions 223

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. You may need a commercial valuation for many reasons.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

McKissock

FEBRUARY 21, 2021

This means having to renovate the house so that it is in good condition, which is never cheap. Note: Keep in mind that you will need to ensure the property is in the best shape for you to live in (renovation costs) and that moving in could lead to an increase in property taxes. Download here. Rent out the property.

Real Estate Agent 56

Real Estate Agent Property Taxes Real Estate Legal 56

AmeriMac

JULY 15, 2021

This dramatic increase in value affects home appraisals, which is good news for both buyers and sellers. Neighborhood sales of comparable homes, known as “comps” in the real estate industry, is a key component used to figure fair market value of a property. What Goes into Determining a House Appraisal?

Appraisal 36

Appraisal Sellers Real Estate Buyers 36

Town & Country Residential Appraisals

JANUARY 27, 2020

Why are real estate agents among the top 10 most hated professions? Most home buyers have encountered a “lying listing” — the house for sale that doesn’t even remotely resemble its colorful description in the Multiple Listing Service or classified ad. Where is the standard? In one case, both units were 25 years old.

Home Value 36

Home Value Decorating Agents Investors 36

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. TODAY’S HOME BUYERS ARE LIKE THE CARP. This fish phenomenon reminds me of the housing market today. It is free to visit. That is a lot of bread!

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. When a property goes under contract, that is an excellent sign of what the buyer and seller conclude the property is worth. In and of itself, it is not market value.

Appraisal 72

Appraisal Contracts Real Estate Architecture 72

Listing Spark

MARCH 15, 2022

One of the biggest differences is that the buyer does not get involved in the appraisals. If the yard is full of toys, tools, or other items, it will be difficult for potential buyers to get a good idea of what the property could look like. Another thing that can hurt your appraised value is bad paint job. Source: YCHARTS.

Appraisal 36

Appraisal Renovations Contracts Buyers 36

AmeriMac

APRIL 30, 2023

An appraisal provides detailed information about your home and its condition, including its interior and exterior structure, and the factors affecting its market value. Additionally, it can also give a homeowner insight on any repairs or renovations that could increase the property value before selling.

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Appraisal Valuation Appraisal Process Renovations 36