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.

Home Improvement 36

Home Improvement Renovations Investing Inspection 36

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Unless you’re desperate to sell and willing to accept less than what you still owe on your mortgage, price your house based on what these sources say it should be worth. Pay attention to rental inventory, too.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

East Coast Appraisal

FEBRUARY 28, 2022

Your home's square footage is a great determinant of the home's appraised value. Buyers love an opportunity to expand, and most of them would prefer a property that allows expansion. Market Trends Market conditions determine your home's value at any given time.

Appraisal 52

Appraisal Renovations Home Value Construction 52

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.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

PennyMac

SEPTEMBER 6, 2023

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition.

Renovations 36

Renovations Inspection Sellers Buyers 36

PennyMac

OCTOBER 10, 2023

Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

AmeriMac

JUNE 6, 2022

As a homeowner, you may be asked to get a home appraisal for a variety of reasons. Maybe you’re refinancing your mortgage, or perhaps you’re selling your home. As a home seller, you will need to go through the process of home appraisal to secure a mortgage. What is a Home Appraisal?

Appraisal 36

Appraisal Renovations Buyers Lending 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.

Appraisal 105

Appraisal Inspection Property Taxes Easement 105

Housing Wire

JANUARY 3, 2024

If a Colorado teacher making the average salary had $20,000 to put towards a down payment and were willing to spend 30% of their pre-tax salary on their mortgage payment, she could afford a house that cost about $225,000. When teachers can’t afford to buy homes, school districts can’t hire teachers.

Landlords 436

Landlords Home Value Construction Renovations 436

Eppraisal

SEPTEMBER 8, 2023

An agent can physically inspect your property An AVM can only estimate your home's value based on data such as square footage and number of bedrooms and bathrooms. A real estate agent can provide personalized advice An agent can provide personalized advice on how to improve your home's value before listing it on the market.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

Birmingham Appraisal

JULY 7, 2022

These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. If a buyer paid ‘X’ amount for a property similar to the one being appraised then other buyers will probably pay a similar price for the subject property.

Appraisal 64

Appraisal Marketing Contracts Buyers 64

Listing Spark

MARCH 15, 2022

Refinancing appraisals are another type of appraisal commonly used when an individual uses their current mortgage to buy and repay his/her existing mortgage. One of the biggest differences is that the buyer does not get involved in the appraisals. There are a few things that can hurt a home appraisal. Source: YCHARTS.

Appraisal 36

Appraisal Renovations Contracts Buyers 36

Raleigh Realty

MARCH 29, 2021

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Remember that owning a home can help build your assets, though, and buying a home in the right location will set you up for future success. You should try not to spend more than 28 of it on home expenses.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. Step 3: Find a Real Estate Buyer’s Agent Who Knows REO Homes. Foreclosure. Step 4: Refine Your List of Lender-Owned Properties.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

D Fritz Appraisals

MARCH 16, 2021

It takes the home itself, the neighbourhood and the available historical data into account to determine the most accurate valuation. If you want to refinance, sell, or buy, the appraisal provides mortgage lenders with straight facts so they can underwrite loans based on the purchase price or the appraisal (whichever is lower.)

Appraisal 126

Appraisal HOA Easement Valuation 126

Chicagoland Appraisal Blog

JANUARY 21, 2020

Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

Real Estate 78

Real Estate Appraisal Home Value Real Estate Agent 78

Appraisal Partners Blog

FEBRUARY 4, 2020

Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

Real Estate 60

Real Estate Appraisal Home Value Real Estate Agent 60

Houston Properties

JANUARY 13, 2021

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. In addition, mortgage rates are at an all-time low.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

AmeriMac

MARCH 29, 2024

Reverse mortgages are becoming an increasingly popular financial tool for homeowners over the age of 62 who want to access equity in their homes. One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Will Springer Realtor

AUGUST 11, 2023

All this, while we prepare to experience in a few years the largest wave of potential home-purchase demand in our nation’s history. As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. income can qualify for financing on a median-priced home.

Buyers 36

Buyers Development Construction New Listings 36

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. What appraisers do.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. What appraisers do.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

PennyMac

NOVEMBER 27, 2023

Building Equity Over Time As you make mortgage payments, you build equity in your home. Equity is the difference between the market value of your home and the amount you owe on your mortgage. Tax Advantages As a homeowner, you can deduct some of the interest you pay on your mortgage from your federal income taxes.

Market Value 36

Market Value Tenants Renovations Insurance 36

Raleigh Realty

JULY 12, 2022

Raleigh Real Estate Supply Raleigh is currently in a buyer’s market, which means there are more homes for sale than available buyers. This means buyers have more power to negotiate for lower pricing. However, in Raleigh, homes typically sell for above the asking price. is renter-occupied. is renter-occupied.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

PennyMac

JANUARY 3, 2024

A VA loan is a mortgage loan guaranteed by the United States Department of Veterans Affairs. Not Just For First-Time Homebuyers While you can use a VA loan for your first home, you can take advantage of the VA loan benefit again if you sell or refinance. Look for homes. Meet with a real estate agent and begin looking for homes.

Insurance 36

Insurance Real Estate Agent Finance Renovations 36

Assurance Financial

NOVEMBER 9, 2021

In some cases, you may have to take out several loans or pay for something called private mortgage insurance (PMI). Read on to learn more about how private mortgage insurance can allow you to purchase a home, even if you don’t have enough resources to make a standard down payment. What Is Mortgage Insurance on a Home Loan?

Insurance 41

Insurance Mortgage Home Value Finance 41

Zillow

OCTOBER 25, 2018

Median home value: $79,000. Dream of building your own home from the ground up? If you construct a single-family home within a specified time period, you’ll receive the lot of land it sits on for free. Median home value: $75,300. Median home value: $93,900. Median home value: $116,300.

Home Value 36

Home Value Construction Renovations Development 36

Lamacchia Realty

FEBRUARY 22, 2023

.” – Anthony Lamacchia, Broker/Owner The New England housing market is off to a slow start in 2023 with home sales down about 30% in January 2023 compared to this time last year. Nationally, the National Association of REALTORS® (NAR) reports that existing home sales are down 36.9% over this time last year from 6.34 million to 4.00

Real Estate 67

Real Estate Sellers Contracts Buyers 67

PennyMac

JANUARY 16, 2022

That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). Buying a vacation home? The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels.

Investing 36

Investing Property Taxes Real Estate Renovations 36

Quicken Loans

APRIL 7, 2021

Spring is here, and with it comes home buying season. There are also some unique challenges you and your buyers might be confronting in the market now. Sales for both new and existing homes have been on an absolute tear. One likely reason for this is no doubt a moderate increase in mortgage rates. Mortgage Rates.

Real Estate 43

Real Estate Marketing Real Estate Agent Construction 43

Will Springer Realtor

OCTOBER 8, 2021

I also heard the same question from buyers this year. They wonder if they missed their opportunity to buy before interest rates rise along with home values. This has prompted rates for everything from car loans to mortgages to inch higher and will likely continue an upward trajectory through at least mid-2022. (A

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Assurance Financial

APRIL 29, 2021

Important Mortgage Acronyms. When you’re in the process of shopping for a home and a mortgage, you’re likely to encounter what looks like alphabet soup. All those letters and mortgage statement abbreviations can make your head spin. Mortgage Term Abbreviations to Know. ARM (Adjustable-Rate Mortgage).

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74