D Fritz Appraisals

SEPTEMBER 11, 2023

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most. Fritz for Your Appraisal Needs At D.

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Renovations Home Value Market Value Valuation 117

Cleveland Appraisal Blog

OCTOBER 29, 2021

They all have done their studies and have provided their analysis of what their data reflects the total economic life of a home to be based upon its quality of construction. One observation I have made is that different cost data services may vary a little in their analysis of what the total economic life of a home is.

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Padove Appraisal Service

APRIL 9, 2020

Public tax records offer many useful pieces of information about the home such as its square footage, room count, HVAC system, access to public utilities, year of construction, basement finish, and more. In Montgomery County, PA, the county assessor’s office even includes permits for home improvement projects.

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Appraisal Home Improvement Contracts Construction 148

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.

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Appraisal Investing Buyers Renovations 249

D Fritz Appraisals

OCTOBER 11, 2022

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. They are also used to assess the value of the home for home improvement loans and insurance evaluations. What is a Home Appraisal and Why is it Important?

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Appraisal Inspection Property Taxes Easement 105

Lamacchia Realty

FEBRUARY 8, 2022

If you decide to sell the home in the future, not having permits may turn buyers away as it makes them think the project may not have been done correctly or that the renovation is a safety risk. Get the Right Type of Mortgage Buying a home that needs renovations takes a bit more than if you were to purchase a move-in-ready home.

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Renovations Buyers Finance Home Improvement 73

Hank Miller Team

JULY 12, 2023

Owners Love Low Mortgages Pretty simple. During the pandemic, the government bought mortgage backed securities and artificially maintained those historically low interest rates. Working at home became "a thing" and people spent a lot more time in and around their homes. Why give up that sweet mortgage rate?

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Housing Market Marketing Buyers Sellers 40

Lamacchia Realty

MAY 6, 2021

City and town offices were ordered to shut down at the beginning of the pandemic causing delays for attorneys who need municipal certificates, mortgage companies were extremely backed up due to the low rates which caused a litany of refinancing applications, and extremely low inventory and high buyer demand flipped the market upside down.

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Renovations Buyers Home Improvement Realty 52

Zillow

JUNE 10, 2019

That said, I often recommend that buyers live in a new home for a while before undertaking any major remodeling or pricey home improvements. Rather, I'm referring to discretionary remodeling, expansions and other improvement projects. After buying a home, you deserve a break.

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Renovations Home Improvement Design Buyers 36

Appraisal Today

OCTOBER 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! Some use postal mailings or office visits, such as you did in the mortgage broker days.

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Appraisal Design Contracts Inspection 72

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.

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Appraisal Real Estate Agent Renovations Home Value 69

Will Springer Realtor

NOVEMBER 29, 2022

Without that safety net, the result can be destructive to not only the home but to your finances. Mortgage holders are still on the hook to make their monthly payment whether or not they can live in the home following a disaster. Failing to account for construction costs (see below).

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Insurance Construction Finance Home Improvement 36

Assurance Financial

JULY 27, 2021

Mortgage Loan for You. Many homebuyers make a list of the things they’d like in their new home — including the number of bedrooms, the types of amenities and the size of the yard, to name a few. You have lots of options when choosing a mortgage. What Is a Mortgage? What Mortgage Do I Need?

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Mortgage Government Construction Insurance 69

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. If you have equity in your home, you may be able to leverage it through a refinance.

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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?

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Mortgage Renovations Home Improvement Finance 36

Assurance Financial

AUGUST 9, 2021

It aims to encourage the purchase of homes in rural or suburban areas by making mortgages easier for borrowers to obtain. The USDA’s Rural Development program also offers grants to individuals who want to work on housing construction projects. These mortgages are designed to suit low- to very-low-income applicants.

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Home Improvement Insurance Development Finance 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.

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Law Design Construction Government 66

Will Springer Realtor

MAY 9, 2023

annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.

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Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

APRIL 11, 2022

and rising home prices (still!). Mortgage rates have risen by about 1.6 Rates have a small chance to top out before hitting 5% and a good chance of topping out before hitting 6%,” said Matthew Graham, chief operating officer at Mortgage News Daily. “It The spring housing market will include a trio of indicators – all rising.

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Construction Development Inventory Buyers 36

Will Springer Realtor

DECEMBER 8, 2021

housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8%

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Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

MARCH 14, 2022

Interest rates on a 30-year mortgage have slipped since the start of the conflict, now averaging 3.76% in the U.S., My lender friends in Seattle are quoting mortgage rates of around 4% (plus or minus an-eighth of a point), depending on individual circumstances. Developers can build only so many new homes at a time!

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

JULY 9, 2021

A key takeaway from this year’s report is the impact that rising raw materials costs has had on home-improvement projects. This has caused an average of -3% ROI for all home improvement projects. Here are the top ROI projects for a typical home in the U.S. million homes, or 3.4% >> A whopping 3.8

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Buyers Development Transportation Inventory 36