Lamacchia Realty

FEBRUARY 8, 2022

Because of this, many buyers going through the home buying process are becoming more open to a house that needs renovations. Purchasing a home that requires renovations and repairs might seem overwhelming, but with these tips, the process of purchasing a fixer-upper and making those first repairs is much more manageable.

Renovations 74

Renovations Buyers Finance Home Improvement 74

Housing Wire

JANUARY 20, 2023

Last year was challenging for housing and mortgage markets. For the first time in many years, we experienced falling home prices, in part due to skyrocketing mortgage rates which almost doubled from around 3.5% One of the prime areas of opportunity is affordable manufactured housing homeownership. a year ago to nearly 7% today.

Renovations 340

Renovations Land Lease Investing Development 340

Housing Wire

OCTOBER 5, 2021

Finance of America Mortgage (FAM), the multichannel lender, announced today that it is offering a refi product for homeowners with accessory dwelling units (ADUs). Most homeowners finance ADUs through home equity loans, cash-out refinancings and construction/renovation loans.

Finance 352

Finance Construction Renovations Design 352

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. trillion in mortgage originations in 2021. The perplexing part: Why are home prices not declining in this environment?

Inventory 445

Inventory Renovations Real Estate Government 445

Housing Wire

JUNE 30, 2022

With 35 years of experience in the mortgage business, Flagstar has reputation for successfully navigating the ebb and flow of an ever-changing housing market. We’re well-capitalized and committed to mortgage, particularly the broker channel. Lee Smith: EVP, President of Mortgage. Our brokers are our partners.

Lending 298

Lending Housing Market Technology Business 298

Housing Wire

FEBRUARY 8, 2024

Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales.

Real Estate Agent 361

Real Estate Agent Real Estate Agents Clients 361

Assurance Financial

APRIL 18, 2022

After your purchase, you can renovate the property to make it suit your tastes and fit your needs. Depending on the extent and cost of your home improvement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage. Why Remodel Your Home?

Renovations 74

Renovations Construction Home Improvement Mortgage 74

Assurance Financial

SEPTEMBER 28, 2021

Buying new construction is slightly different from buying an existing home in another way. The rules for loans and financing for new home construction aren’t exactly the same as they are for buying homes that already stand. FAQs About Home Construction Loans. Curious about the process of getting a construction loan?

Construction 36

Construction Finance Insurance Government 36

Zillow

JUNE 10, 2019

A home renovation can be yet another big and stressful project, what with all the decisions to make and contractors to deal with. Any renovation, no matter how small, should be designed with care. Find out which home renovations DIYers most regretted tackling themselves. Quiz: Should You Renovate Your Home or Sell?

Renovations 36

Renovations Home Improvement Design Buyers 36

Housing Wire

OCTOBER 17, 2023

Fix-and-flip investors — who tend to be smaller entrepreneurial players — acquire, renovate and then sell existing single-family homes — and, in some cases, hold them for rent for a time, depending on market conditions. It remained way below the 44.6% level from the second quarter of 2022 and far beneath a recent peak of 60.8%

Investors 337

Investors Inventory Investing Real Estate 337

McKissock

NOVEMBER 24, 2022

Things to Consider when Appraising Rural Residential Properties Appraisals of rural residential properties do not conform to the typical mortgage lending underwriting expectations of urban and suburban residential properties. This document summarizes some of the more common roofing materials, emphasizing the pros and cons of each.

Appraisal 52

Appraisal Renovations Architecture Real Estate 52

Appraisal Buzz

SEPTEMBER 5, 2022

Whether you are an appraiser, tax assessor, sales agent, attorney, construction manager, architect or engineer, you are required to have a level of professional expertise, at the local level, that exceeds the average person that does not practice in the area of real estate. Progress in Revision Rates. Technologies are moving fast.

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

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

Will Springer Realtor

OCTOBER 3, 2023

Cities and counties are not required to authorize the construction of an ADU where development is currently restricted under rules related to the proximity of an on-site sewage system, critical environmental areas or other unsuitable physical characteristics of a property like where there are landslide risks.

Law 66

Law Design Construction Government 66

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

Cleveland Appraisal Blog

APRIL 29, 2021

The materials used in the construction and decoration of your home are also extremely important because they determine how structurally sound your property is, how it’s going to last over time, and how much maintenance it’s going to require. Again, there is not much you can do about construction materials. Materials used. Bottom line.

Appraisal 249

Appraisal Investing Buyers Renovations 249

D Fritz Appraisals

OCTOBER 11, 2022

Financial institutes or mortgage lenders will require an appraisal to ensure the home is worth the amount of money being requested in the loan or mortgage. Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Type of foundation.

Appraisal 105

Appraisal Inspection Property Taxes Easement 105

Hank Miller Team

NOVEMBER 15, 2022

That’s by design and it's disingenuous and misleading. Renovations – Cooped up in their homes, renovations and updating became a thing to do. Same for where mortgage rates land, up in the air. Atlanta Housing Inventory Everything must be kept in context. Why move now? There are owners living paycheck to paycheck.

Inventory 52

Inventory Renovations Housing Market Buyers 52

Realvals

JUNE 18, 2023

One, as way to know the value before making an offer, and two, for the mortgage process after making an offer. Mortgage lenders require an appraisal as part of the loan application process. Unless you are paying all cash, it will be difficult to get a mortgage and finalize your home purchase without an appraisal.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Assurance Financial

MARCH 18, 2021

Refinancing could potentially lower your monthly payments , allow you to consolidate debt, speed up the payoff process for your mortgage, eliminate your private mortgage insurance (PMI) and put more cash in your pocket. Refinancing can make your mortgage more affordable and help you meet your financial obligations.

Property Taxes 85

Property Taxes Renovations Home Improvement Mortgage 85

Assurance Financial

MARCH 1, 2021

Each time you make a payment on your mortgage, you gain equity in your home. The difference between your property’s value and the amount you still owe on your mortgage is your home equity. You may be able to use this equity to borrow money, but is it better to get a second mortgage or refinance? What Is a Second Mortgage?

Mortgage 36

Mortgage Renovations Home Improvement Finance 36

Appraisal Today

APRIL 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. Acres: 0.7960055, built in 1993 The residence in Poipu was built in 1993 and designed by Seattle architect Ralph D.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

Raleigh Realty

AUGUST 19, 2022

67 percent of millennial home buyers would put an offer on a home in need of a full or partial renovation. The minute mortgage. This ease-of-access mindset comes into play with the mortgage process as well. It may shock many that millennials are typically drawn to the style and charm of older designs.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Buyers 78

Appraisal Today

FEBRUARY 16, 2024

She designed more than 700 buildings in California during a long and prolific career. In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. I appraised many of them, but never noticed any effect, plus or minus, for historic designation. No effect on value.

Appraisal 80

Appraisal Contracts Training Architecture 80

Appraisal Today

NOVEMBER 3, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Investigation of desktop appraisals, economic analysis, Bias, hybrid appraisals, unusual homes, mortgage origination stats, etc. Mortgage markets navigate through a storm This year, mortgage markets have been stirred by significant volatility.

Appraisal 76

Appraisal Contracts Architecture Mortgage 76

Will Springer Realtor

DECEMBER 11, 2022

In fact, mortgage demand rose as interest rates fell following October’s slowdown of inflation growth. Does this signal a peak in mortgage rates or a temporary blip? Customers wishing to pursue this offer must pre-qualify for their mortgage before move-in. Mortgage rates vary depending on the buyers’ financial situation.

Inventory 36

Inventory Construction Supply Chain Buyers 36

Appraisal Today

JANUARY 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. Remember the old days with personal relationships with mortgage brokers? January 17, 2024) — Mortgage applications increased 10.4

Appraisal 73

Appraisal Contracts Real Estate Architecture 73

Raleigh Realty

MARCH 29, 2021

You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. Build Equity Every time you make a mortgage payment, you build equity in your home. Whether you own a small home in the center of town or lakeside property, you always will know what your mortgage payment is.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Appraisal Today

JULY 22, 2022

ANSI was designed by home builders, not appraisers or lenders. The forms were not designed to accommodate ANSI, such as where to put the different square footages on the form. What did he think when Netflix approached him about doing this type of construction? And there are construction challenges. Year built: 1668.

Appraisal 52

Appraisal Contracts Buyers Design 52

Appraisal Today

FEBRUARY 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AMC layoffs, adjustments, your business voicemail, unusual homes, mortgage origination stats, etc. == 11 of the Most Remote Homes in the World From the “Loneliest House in the World” to the smallest inhabited island, these homes are as beautiful as they are secluded.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

AmeriMac

MARCH 18, 2021

Regardless of whether you’re purchasing a new house or revamping your mortgage, getting an appraisal is a critical part of the process. Construction. The results of appraisals help determine the fee a mortgage lender will allow buyers to borrow. Age and design of the house. Size of the home. Square footage.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

AmeriMac

MARCH 18, 2021

Regardless of whether you’re purchasing a new house or revamping your mortgage, getting an appraisal is a critical part of the process. Construction. The results of appraisals help determine the fee a mortgage lender will allow buyers to borrow. Age and design of the house. Size of the home. Square footage.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

Appraisal Today

JANUARY 4, 2023

Earn a designation or certification (16%). NOTE: Please scroll down to read the other topics in this long blog post on USPAP and non-traditional appraisals, Non-lender appraisals, reos, tear downs, unusual homes, mortgage origination stats, etc. ==. 1-6-23 NEWSLETTER. Appraisers Share Their Top Professional Goals for 2023.

Appraisal 52

Appraisal Contracts Business Development 52

Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse.

Easement 52

Easement Contracts Appraisal Inspection 52

Will Springer Realtor

AUGUST 11, 2023

NAR’s Housing Affordability Index is a good measure of whether a household earns enough to qualify for a mortgage on a typical home. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). >> Bellevue is rated No.

Buyers 36

Buyers Development Construction New Listings 36

The Robert Weiler Company

MARCH 15, 2021

Today, it is in the aforementioned neighborhoods that a special purpose property – buildings designed for one specific use – are being repurposed for new ventures. And, they too, face a variety of challenges unique to their designation. For instance, the property’s layout may be distinctive or it the building’s design one-of-a-kind.

Appraisal 158

Appraisal Property Appraisal Real Estate Buyers 158

Appraisal Today

JULY 29, 2022

NOTE: Please scroll down to read the other topics in this long blog post on USPAP Update Mistakes on Bias, Real Estate Market analysis, the FED raises interest rates, unusual homes, mortgage origination stats, etc. After 1979, mortgage rates went up to 18%. Mortgage applications decreased 1.8 Mortgage applications decreased 1.8

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52