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Finance of America now offers renovation loans

Housing Wire

announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans. Per a study from Harvard University’s Joint Center for Housing Studies, renovation financing is expected to increase 3.3% in 2021 to $433 billion.

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What Impact Do Renovations Have on Appraisal Value?

Birmingham Appraisal

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The best way to look at home renovations is by considering the overall impact they will have on your home. Updates or Renovations?

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What renovations will add value to my home?

Housing Wire

We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these days. It’s no secret that home improvements can be a costly endeavor.

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How much value do home improvements add to an appraisal?

Boston Appraisal

The effect that home improvements have on an appraisal can vary depending on the type of improvement, the quality of the work, and the local real estate market. What are some common home improvements that can increase appraisal values? How do appraisers determine the value of home improvements?

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Home Renovations: A Time-Sensitive Proposition

Appraisal Buzz

homeowners has found that more than half polled believe that their home improvement and home renovation projects will take longer than originally estimated. The post Home Renovations: A Time-Sensitive Proposition appeared first on DSNews. A survey of 1,000 U.S.

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New Service is Designed to Help Homeowners Renovate

Appraisal Buzz

The lending and services platform Finance of America has introduced a home improvement financing product offered to consumers through approved contractors. The post New Service is Designed to Help Homeowners Renovate appeared first on DSNews.

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Homeowners Look to Renovate Than Relocate

Appraisal Buzz

In light of a difficult housing market filled with high home prices and low supply, Discover Home Loans issued a survey to better understand homeowners’ attitudes towards home improvements, purchasing and refinancing. In some … The post Homeowners Look to Renovate Than Relocate appeared first on DSNews.