Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? If the second appraisal comes back higher, buyers and sellers may feel more comfortable meeting in the middle. Not necessarily.

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Real Estate Appraisal Agents Inspection 445

Housing Wire

OCTOBER 10, 2023

Many sellers have returned to offering concessions and dropping prices to entice buyers. When making pre-listing repairs or renovations, different projects can result in vastly different returns. These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled.

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Home Improvement Real Estate Agent Sellers Real Estate 453

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. The kitchen is a focal point for just about every homeowner and prospective buyer.

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Renovations Home Improvement Appraisal Buyers 303

Housing Wire

OCTOBER 27, 2020

In today’s hot market, buyers are doing all they can to stand out. Some are waiving inspection contingencies, while others are avoiding repair requests, opting to handle home repairs, fixes and upgrades as needed later on. Are you thinking of skipping inspections or repair requests and handling any minor home repairs yourself?

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Inspection Renovations Buyers Housing Market 427

Housing Wire

JUNE 10, 2021

To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. After all, curb appeal is just as attractive to potential buyers as the indoor layout. Home improvements and renovations are also important to buyers. A concession is when the seller agrees to pay part of a buyer’s closing costs.

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Sellers Real Estate Agent Real Estate Decorating 546

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. Buyers may walk away from the purchase.

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Renovations Buyers Appraisal Investing 221

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. There are still plenty of buyers interested in this area. If you don’t have active buyers, ask around the office.

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Real Estate Open Houses Brokerage Real Estate Agent 356

Movoto

JANUARY 27, 2022

A gut renovation is a great way to get exactly what you want when you buy a home. Here are some curveballs to expect when you do a gut renovation. . With a realistic budget, preparation, and a lot of patience, a gut renovation will be worth it when you get your custom home designed specifically for you. Inspections.

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Renovations Construction Inspection Logistics 36

McKissock

APRIL 28, 2021

It makes sense, but it can make the real estate process even tougher for buyers. Here’s how to handle emotional buyers like the pro that you are. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. Kitchens can be renovated and landscaping redone.

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Real Estate Agent Real Estate Buyers Agents 87

Lamacchia Realty

MAY 25, 2021

HOME INSPECTION FINDINGS. So, keep on reading to see some of the most common Florida home inspection findings that you should keep your eyes on, especially if you are going on a home hunt without a home inspector. Be prepared for the fact that Florida homes require more frequent renovation projects. COMMON FLORIDA.

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Inspection Open Houses Renovations Realty 46

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. To be approved for the loan, the house must pass an inspection conducted by the U.S. sounded like a dream come true. Department of Housing and Urban Development.

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Inspection Insurance Buyers Renovations 136

Zillow

JANUARY 30, 2017

Most would-be buyers and sellers believe the real estate "deal" is done at the signing of the contract. Issues typically arise after the home inspection, and those issues tend to result in another round of negotiations for credits or fixes. Here are three buyer tips for negotiating repairs after a home inspection.

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Inspection Renovations Contracts Sellers 36

Zillow

FEBRUARY 15, 2019

If you’re feeling discontent with your home, you may be thinking about renovating … or getting out entirely. Should You Renovate or Sell? Consider renovating. Before you begin, be sure to: Create a renovation budget and determine how you’ll finance the project. Assemble your renovation team.

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Renovations Home Improvement Inspection Real Estate 36

East Coast Appraisal

AUGUST 11, 2022

Home Appraisal Is Only Beneficial to the Buyer. Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. For the buyer, a home appraisal protects them from overpaying for a property.

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Real Estate Appraisal Renovations Market Value 52

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.

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Home Improvement Renovations Investing Inspection 36

Lamacchia Realty

AUGUST 12, 2021

By making updates, the buyer is able to meet or exceed current market standards and build equity in their property faster. Before purchasing a fixer-upper, consider the following: Structural Work – Structural work tends to be the most expensive cost associated with buying and renovating a fixer-upper. Traveling a lot?

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Renovations Finance Inspection Buyers 69

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.

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Renovations Inspection Sellers Buyers 36

Realtor

FEBRUARY 11, 2021

Closing costs are used to pay for items such as appraisals, inspections, and much more. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership. How important is the freedom to renovate? Hammond , a Chase private-client home lending adviser.

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Property Taxes Inspection Landlords Renovations 218

Glascock Company

DECEMBER 11, 2020

There is less wiggle room because auctions motivate buyers to act quickly — plain and simple. This helps to simplify the sales process by preventing any ongoing showings and reels in buyers to act by the deadline. Buyers Purchase Property For Sale As-Is. Buyer Pays All Real Estate Commissions. There are No Contingencies.

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Sellers Inspection Real Estate Buyers 78

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. To be approved for the loan, the house must pass an inspection conducted by the U.S. sounded like a dream come true. Department of Housing and Urban Development.

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Inspection Insurance Buyers Renovations 78

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 106

McKissock

JANUARY 31, 2023

” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” Sometimes a homes across the street are not the same pool of buyers as a home a block away, even if it is the same builder and floor plan. Because of where buyers want to live.

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Real Estate Agent Real Estate Agents Appraisal 97

Lamacchia Realty

JUNE 8, 2021

A home inspection is a part of the selling process, but you can get your own inspection prior to listing. Get the quote in writing and hold onto it for future buyers. You might think you need to sell your home as-is to a cash buyer to make any money, but that isn’t the case. Negotiate with Buyers. Buyer Resources.

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Real Estate Agent Inspection Realty Legal 68

AmeriMac

DECEMBER 30, 2023

Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions. The Appraisal Process Appraising a home involves collecting public records and conducting a thorough inspection to determine its value. One increasingly common practice is the use of desktop appraisals.

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Real Estate Appraisal Inspection Appraisal Process 36

Birmingham Appraisal

JUNE 21, 2023

Condition: The overall condition of a property, including its structural integrity, maintenance, and any necessary repairs or renovations, affects its appraisal value. Importance of Accurate Pricing Accurate pricing is vital for both sellers and buyers. Common Appraisal Challenges That Impact Home Sales 1.

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Real Estate Agent Real Estate Agents Appraisal 75

Boston Appraisal

DECEMBER 11, 2023

The appraisal process is important for homeowners, buyers and sellers. You should also disclose any special circumstances or contingencies that may affect the value of the property, such as repairs, renovations, easements, or encroachments.

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Appraisal Process Real Estate Appraisal Easement 78

Lamacchia Realty

AUGUST 4, 2021

Photo by stux–12364 There are many real estate myths out there, from commissions to renovations. A home passes or fails inspection This isn’t like an exam in high school where you either pass or fail. The point of an inspection is to assess the condition of the home, the good and the bad.

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Real Estate Renovations Agents Inspection 69

Eppraisal

OCTOBER 3, 2023

Buyers populate real estate markets all year round. On the bright side, fall buyers tend to have stronger motivations to purchase fast. Unless you live somewhere warm, you may find it harder to find a serious buyer the deeper you get into the season because of the cold. Here are seven tips to sell your home in autumn.

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Real Estate Agent Real Estate Buyers Agents 69

Eppraisal

MAY 19, 2023

A realtor 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. 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

APRIL 21, 2022

Often personal ideas of value are different than market value because the value is in the eyes of the beholder, which does not account for the entire market of potential buyers. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised.

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Market Value Appraisal Agents Real Estate Agent 350

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. Schedule a Home Inspection If you include an inspection contingency, hire an inspector to evaluate the house’s condition within the agreed-on period.

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Real Estate Agent Sellers Inspection Real Estate 69

Birmingham Appraisal

AUGUST 23, 2023

The agent’s client (buyer or seller) can make an informed buying or selling decision and the appraiser’s client (bank) can make an informed lending decision. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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Agents Appraisal Valuation Appraisal Process 82

D Fritz Appraisals

MARCH 7, 2019

Before you go spending thousands of dollars in renovations, however, make sure you follow this advice from the outset. You need to be careful that what you spend on renovations is less than the potential increase in value of your house. This information will help you impress the appraiser as well as prospective buyers.

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Renovations Appraisal Real Estate Agent Buyers 78

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. Make sure to consider the inspection process as you are making your offer.

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Inspection Real Estate Agent Real Estate Agents 69

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. 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

FEBRUARY 11, 2021

“Closing costs are used to pay for items such as appraisals, inspections, and much more. Watch: Buyers Should Know These Factors That Drive Up a Home’s Price. Watch: Buyers Should Know These Factors That Drive Up a Home’s Price. How important is the freedom to renovate? Can you afford the neighborhood?

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Property Taxes Inspection Landlords Renovations 78

Birmingham Appraisal

FEBRUARY 28, 2023

Mistakes To Avoid 1) Failing to Prepare the Property One of the most common mistakes that sellers make is failing to prepare the property for the appraisal inspection. Sellers should be transparent about any issues with the property, such as previous damage, repairs, or renovations.

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Sellers Real Estate Appraisal Appraisal Process 78