Appraisal Buzz

MAY 10, 2021

The post New Service is Designed to Help Homeowners Renovate appeared first on DSNews. The post New Service is Designed to Help Homeowners Renovate appeared first on Appraisal Buzz.

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Renovations Design Home Improvement Finance 195

Appraisal Buzz

JUNE 1, 2022

According to a survey of 1,000 consumers by LendingTree, … The post Homeowners Would Rather Renovate Than Sell appeared first on DSNews. The post Homeowners Would Rather Renovate Than Sell appeared first on Appraisal Buzz.

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Renovations Housing Market Appraisal Marketing 150

Housing Wire

SEPTEMBER 19, 2023

One of the final hurdles to clear is the appraisal , and it has the power to leave a deal dead in the water. What is a real estate appraisal? A real estate appraisal is the assessment of a property’s value. Appraisals are required for homes financed with any type of mortgage. Why are appraisals important?

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Real Estate Appraisal Agents Inspection 449

Appraisal Buzz

JANUARY 13, 2022

Some 72% of homeowners are considering renovations or upgrades to their home, and 37% are seeking to apply for home refinance. The post Refinances, Renovations Expected to Increase in 2022 appeared first on theMReport.com. The post Refinances, Renovations Expected to Increase in 2022 appeared first on Appraisal Buzz.

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Renovations Appraisal 195

Appraisal Buzz

JANUARY 4, 2022

James Hardie Industries commissioned a survey of 1,000 homeowners from Wakefield Research that is intended to “illustrate the impact of homeowners’ concerns about severe weather on their … The post Weatherproofing Projects Lead Millennials Renovation Decisions appeared first on theMReport.com.

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Renovations Appraisal 195

Boston Appraisal

FEBRUARY 11, 2024

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Leveraging Market Data The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics.

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Appraisal Renovations Architecture Appraisal Process 147

Appraisal Buzz

MAY 10, 2022

The post Renovation: A Path to Fair Lending appeared first on Appraisal Buzz. While that’s true of the federal law, at least three states have passed CRA-like laws that apply to nonbanks, and the Mortgage Bankers Association (MBA) predicts more states could follow suit.

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Renovations Lending Law Appraisal 150

Appraisal Buzz

DECEMBER 17, 2021

Instead of pulling from MLS data, or conducting yet another “market pulse” survey, Point2, an online real estate marketplace, decided to research certain … The post Keywords Show Homeowners Focused on Renovations During the Pandemic appeared first on theMReport.com.

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Renovations Real Estate Appraisal Marketing 195

Appraisal Buzz

AUGUST 3, 2021

The post Two-Thirds of Gen X Homeowners Plan on Renovating appeared first on theMReport.com. The post Two-Thirds of Gen X Homeowners Plan on Renovating appeared first on Appraisal Buzz. With real home equity reaching a new peak of $20.2

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Renovations Appraisal 195

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. Let’s talk about three areas of a listing that, when completed accurately, can help appraisers to develop more supportable opinions of value. An appraiser may miss that sale through no fault of their own.

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Agents Appraisal Renovations Development 374

Housing Wire

FEBRUARY 1, 2024

The Brookings Institution summed it up well: “Today, downtown Detroit is nearly unrecognizable from previous decades, with new features such as the QLine streetcar system, a renovated Detroit Tigers ballpark, a riverwalk, and Campus Martius Park. Young, Detroit’s 70th mayor said, “We must take the profit out of prejudice.”

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Real Estate Appraisal Insurance Training 393

Housing Wire

AUGUST 2, 2022

The Department of Veterans’ Affairs announced last week that it would allow desktop and exterior-only appraisals for some transactions. In a department memo, the VA explained that the move was a response to “high demand for appraisal services and limited availability of appraisers in certain local market areas.”.

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Appraisal Appraisal Process Renovations Finance 368

Chicagoland Appraisal Blog

MARCH 9, 2024

Sometimes consumers equate the appraisal inspection as a professional home inspection. Appraisal Inspection An appraisal inspection is a visual observation of physical factors that will influence value in the market place to include location, size, condition (noting any deficiencies, updates, renovations) and amenities.

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Inspection Appraisal Real Estate Property Appraisal 136

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

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Business Appraisal Real Estate Agent Clients 393

Housing Wire

FEBRUARY 9, 2021

When you go to buy a home , your mortgage lender will almost always order a home appraisal. Four renovations to consider before selling your house. Scenario 1: Your home appraises at your full offer price. Many times, the home appraisal goes off without a hitch. Scenario 2: Your home appraisal comes in low.

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Appraisal Real Estate Agent Sellers Real Estate 458

Housing Wire

FEBRUARY 18, 2022

Fannie Mae recently announced that it will begin to “include a desktop appraisal option in Desktop Underwriter beginning March 19, 2022. Automated Valuation Models (AVMs) are commonly used today in the mortgage industry to help support the appraiser’s concluded value. AVMs do not account for upgrades or renovations.

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Appraisal Process Appraisal Valuation Renovations 371

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. This is an important question to answer when appraising a property. Thanks for being here!

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Appraisal Development Market Value Tenants 279

Cleveland Appraisal Blog

DECEMBER 24, 2022

Are you planning on renovating your home? What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. Read on for some pointers from Cleveland Appraisal Blog. I hope you enjoy it!

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Renovations Home Improvement Appraisal Buyers 303

Raleigh Realty

APRIL 24, 2022

Sustainable Renovations for Every Room Whether you buy an older home or a new construction home, there are most likely modifications and renovations you can do to make your new house more eco-friendly. Let’s take a room-by-room look at potential eco-friendly modifications and renovations you can make to your home.

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Renovations Modernization Inspection Construction 144

Housing Wire

FEBRUARY 8, 2022

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic.

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Appraisal Appraisal Process Valuation Renovations 369

Cleveland Appraisal Blog

JUNE 18, 2022

This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. Appraising property in an eminent domain case requires unique expertise and skills. Appraising property in an eminent domain case requires unique expertise and skills.

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Appraisal Law Development Valuation 309

Genworth MI Blog

FEBRUARY 29, 2024

The mortgage process involves diligence and timeliness to ensure that borrowers can meet their closing date – that diligence is also required to master the appraisal review process. Ensuring you know the ins and outs of the appraisal review is imperative to help your borrowers meet that end goal on time.

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Appraisal Inspection Training Real Estate 88

Realvals

JANUARY 15, 2017

There are always pros and cons with any home renovation. Renovation pros and cons also apply when it comes to home appraisals. Renovations give your home the added value, but never as much as you spent on the renovations in the first place. Homes sell higher than the appraised values all the time for many reasons.

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Renovations Appraisal Home Value Buyers 78

Boston Appraisal

NOVEMBER 9, 2023

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? What are some common home improvements that can increase appraisal values?

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Home Improvement Appraisal Renovations Real Estate 78

Housing Wire

DECEMBER 21, 2023

My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. Who is eligible?

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Mortgage Renovations Appraisal Process Finance 440

Cleveland Appraisal Blog

AUGUST 25, 2022

You’ve just purchased your first property to renovate. Today, Cleveland Appraisal Blog shares a few tips for first-time investors. Let the Renovations Begin! When you’re figuring out how much money you can put into your property, don’t forget to calculate renovations. Decide on How to Proceed. Let us know !

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Investing Renovations Landlords Real Estate 332

Cleveland Appraisal Blog

FEBRUARY 11, 2022

Just like going cheap when buying running shoes can be costly, the same is true when it comes to hiring an appraiser. If you’re in need of an appraisal, I highly recommend not going with the cheapest appraiser. At first glance, two appraisals may both look impressive to someone who doesn’t know anything about appraisals.

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Appraisal Market Value Clients Design 221

Hank Miller Team

MAY 31, 2022

Appraising and being involved in real estate sales for over 30 years allows me to see epic "renovation" nightmares. Will your agent spot renovation disasters? This home however, was a graduate course in renovation disasters - and renovation is the listing agent's term.

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Renovations Agents Buyers Real Estate 52

Inman

JANUARY 26, 2024

AI-driven, personalized listings will include an immersive virtual tour experience and data will be used not just for sales and marketing, but also restorations, renovations and appraisals.

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Renovations Appraisal Marketing Tools 157

Kairos Appraisal Services

DECEMBER 16, 2021

There’s no doubt that 2021 was a hot real estate market, but there was another hot market this year, and that was the renovation market. This is a trend we will… The post Highest ROI: Top Home Renovations appeared first on Kairos.

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Renovations Inventory Real Estate Marketing 52

Appraisal Hub

SEPTEMBER 25, 2023

The answer lies in a comprehensive commercial real estate appraisal. Embarking on the Journey of Commercial Real Estate Appraisal Imagine stepping into a space that resonates with possibilities. The Crossroads: Why Opt for an Appraisal? Appraisal Hub Inc.

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Real Estate Appraisal Renovations Legal 78

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. For appraisals required to be Uniform Appraisal Dataset (UAD) compliant, you must indicate the type of sale for the transaction.

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Appraisal Real Estate Real Estate Agent Contracts 60

Appraisal Today

APRIL 5, 2024

Why an Organized Workfile is Your Best Defense By Craig Capilla Excerpts: We all know that the Uniform Standards of Professional Appraisal Practice (USPAP) set the baseline for what must be included in a workfile. Still, all too many appraisers seek only to meet that minimum standard and little more. Newer appraisers are lucky.

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Appraisal Contracts Business Construction 76

Housing Wire

AUGUST 27, 2021

Renovations Can Be Beneficial. If you refinance your home after you’ve made upgrades, your home will most likely appraise higher than when you bought it. Renovations might make you feel better about putting your home on the market one day. Average cost: $26,214 Average resale value: $18,927 Cost recouped: 72.2%. Bottom Line.

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Renovations Home Improvement Investing Home Value 432

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraisal Process Real Estate Appraisal Easement 78

Riverfront Appraisals

NOVEMBER 9, 2020

Riverfront Appraisals opened a new office in Tell City, Indiana. Located at 820 Tell Street in the newly renovated Turnkey Realty building in historic downtown Tell City, the new office had a ribbon cutting with the Perry County Chamber of Commerce on September 25 and is currently open for business. […].

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Appraisal Renovations Realty Business 122

Cleveland Appraisal Blog

MARCH 25, 2023

Having had our kitchen gutted and remodeled a couple of years ago, I can honestly say that I had not thought about this question before our renovation. Also, if you are planning on doing a complete gut renovation of your kitchen, it is best to go for a larger dumpster, as the amount of debris generated will be significant.

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Supply Chain Renovations Appraisal Market Value 280