Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. This is actually about fewer buyers getting into contract. Data for those fixer homes (contractor specials). percent from 5.82

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

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?

Mortgage 436

Mortgage Renovations Appraisal Process Finance 436

Housing Wire

FEBRUARY 9, 2021

More for Real Estate Enthusiasts. Four renovations to consider before selling your house. Your real estate agent can help if you decide to go this route. If you had an appraisal contingency in your sales contract, you could do this without any sort of penalty. One more option.

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Appraisal Real Estate Agent Sellers Real Estate 454

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

Real estate agents are typically the individuals who provide information in the MLS. I have read some comments in the MLS, that state that a home had been completely renovated. However, when I looked at the photos, the home may have not been renovated. What should appraisers look for in a sales contract?

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Agents Appraisal Renovations Development 374

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. Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. I hope you find her article to be helpful!

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Renovations Buyers Appraisal Investing 221

Cornerstone

MAY 4, 2021

But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. Keep 2 things in mind if you’re planning to sell this season.

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Renovations Home Improvement Loan Officers Real Estate Agent 41

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. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Raleigh Realty

FEBRUARY 19, 2022

They can keep buyers up at night after going under contract on a home. The seller accepts your offer and you are officially under contract and the home will be marked contingent. If that happens, your real estate agent will have to negotiate with the seller to see if they will bring their sale price down to $350,000.

Appraisal 148

Appraisal Appraisal Process Real Estate Agent Renovations 148

McKissock

JULY 19, 2022

Hasty changes to terms and conditions of the housing contract. Sellers are often on a time crunch to get properties locked into a contract, which leaves little time to properly deal with the unexpected. Overselling a recently renovated area of the house. Real estate agent without a license. Loan fraud.

Real Estate 98

Real Estate Real Estate Agent Sellers Agents 98

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Listing Spark

JULY 21, 2023

Without the right knowledge and expertise, you might find yourself with a property that has extensive foundation problems or a post-renovation value that doesn’t reach your break-even point. A popular consideration is getting a real estate license. While the average ROI of a flip was 51.4%

Real Estate 36

Real Estate Real Estate Agent Agents Investors 36

Appraisal Today

MAY 17, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M It’s important to understand the difference between updates and renovations.

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Tools Appraisal Renovations Design 64

Birmingham Appraisal

AUGUST 23, 2023

In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. When real estate agents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened.

Agents 85

Agents Appraisal Valuation Appraisal Process 85

Realtor

APRIL 14, 2021

But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”. ” The changes in everyday life due to the pandemic have placed a greater emphasis on the value of a home, says Rick Rudman , CEO at Curbio, a home renovation technology company.

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

Appraisal Today

APRIL 26, 2024

What should appraisers look for in a sales contract? 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. You are “graded” on how close you come to the sales price.

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Appraisal Real Estate Real Estate Agent Contracts 76

The Robert Weiler Company

JUNE 17, 2022

The latter can be a lot cheaper but the amount of renovations required might end up costing you more in the long-run. Before hiring a property management company, make sure a contract is in place that covers all of your expectations. Plan your budget and understand your mortgage payments. Keep These Critical Tips in Mind.

Property Management 147

Property Management Renovations Real Estate Investing 147

Eppraisal

JULY 28, 2023

The integration of AI technologies is revolutionizing the way people buy and sell houses, streamlining processes, enhancing decision-making, and providing new opportunities for buyers, sellers, and real estate agents. Automated Customer Support AI-powered chatbots are transforming customer support in the real estate industry.

Real Estate Agent 36

Real Estate Agent Real Estate Sellers Buyers 36

Listing Spark

FEBRUARY 28, 2024

It’s the default strategy when you have a real estate agent. Listing agents can push out a new property to get attention from buyers, and buyers’ agents can easily search through the database. Agents handle uploading details, managing communications, fielding questions, and negotiating on your behalf.

Real Estate Agent 36

Real Estate Agent Agents Real Estate Tools 36

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? My experience in completing appraisals for properties that have been sold without the professional expertise of a real estate professional is that the selling price is often lower than the value.

Appraisal 50

Appraisal Renovations Real Estate Valuation 50

McKissock

OCTOBER 3, 2021

As a wholesaler, you need to find a property for sale, acquire a contract from the seller, identify a buyer, and assign the contract to him or her. FREE Guide : Learn how to earn more with our free Real Estate Agent Income Guide. Cheaper fixes translate into more profit for you after you sell the property.

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

Listing Spark

AUGUST 31, 2023

Fix-and-Flip Real Estate Investments This investment approach is faster and more hands-on. Investors will purchase distressed or otherwise below-market properties, renovate them, and sell them for more than the initial purchase price. Then you don’t need a license and don’t have to pay a 3% fee to an agent.

Real Estate 36

Real Estate Investors Investing Real Estate Agent 36

Realtor

APRIL 14, 2021

But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”. ” The changes in everyday life due to the pandemic have placed a greater emphasis on the value of a home, says Rick Rudman , CEO at Curbio, a home renovation technology company.

Mortgage 78

Mortgage Real Estate Agent Buyers Real Estate 78

Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. An example of this in real estate appraisal is the purchase and sale contract. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.24

Appraisal 73

Appraisal Contracts Real Estate Architecture 73

Raleigh Realty

JULY 31, 2022

This is one of the steps that happen after you go under contract and sometimes can happen prior to. At the end of this inspection period repairs, financial concessions, or other negotiations may occur before entering the final phase of the contract. Structural issues can generally be seen in the attic or crawlspace.

Inspection 148

Inspection Sellers Real Estate Agent Buyers 148

Listing Spark

SEPTEMBER 5, 2023

Along the way, you’ll learn more about the resources available for navigating the real estate market without an agent and why so many homeowners are starting to sell their own homes. You can sell your home as an FSBO by following these five basic steps: Make repairs or renovations to your home (if applicable).

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Realtors Real Estate Agent Real Estate Agents 36

Eppraisal

JANUARY 23, 2024

    Phishing Scams Real estate phishing scams are becoming more common, putting agents and buyers on high alert. Typically, scammers pretend to be your real estate agent and convince you to wire money to a fraudulent account.  It

Legal 36

Legal Real Estate Agent Lending Real Estate 36

Realtor

DECEMBER 15, 2016

To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

D Fritz Appraisals

MARCH 16, 2021

It’s important to note that any undisclosed additions can cause a breach of conditions in your sale contract. The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase.

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Appraisal HOA Easement Valuation 126

Zillow

JUNE 10, 2019

Plan renovations well in advance. By the time you’ve signed a contract, you have lots of ideas about how you'll live in the home, how you'll customize it and what work needs to be done. Real estate agents work with all kinds of tradespeople, so they're often a great resource for referrals. .

Real Estate Agent 36

Real Estate Agent Sellers Renovations Real Estate 36

Listing Spark

FEBRUARY 12, 2024

You should also have cash flow so you can pay for renovations and services between each sale. Compared to the comprehensive approach of hiring a real estate agent, who manages the listing process on your behalf for a hefty 3% fee, this option offers investors the versatility and control they desire.

Brokerage 36

Brokerage Investors Investing Real Estate 36

PennyMac

DECEMBER 22, 2020

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Listing Spark

MARCH 15, 2022

Check out our home-seller checklist which will guide you through your home sale from pre-listing to contracts and closing. Don’t do any major renovations or updates before the appraisal. Major renovations or updates before the appraisal can hurt a home’s value. Love this list? How to improve your appraised value.

Appraisal 36

Appraisal Renovations Contracts Buyers 36

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. Rent your home out.

Renovations 36

Renovations Inspection Sellers Buyers 36

Cornerstone

JULY 1, 2021

It’s also the question most real estate agents and housing authorities are asking: “When will sellers start returning to the market?” Meaning, you have the additional leverage you need to negotiate better terms on your contract when selling your house. This is a major advantage when selling your house.

Sellers 61

Sellers Buyers Real Estate Agent Inventory 61

Raleigh Realty

MARCH 29, 2021

You want to choose the best price available Find an Agent Yes, it does cost money to hire a real estate agent. With an agent, you get a professional who knows the ropes. Ask around for recommendations so you get an experienced agent who puts you first. You'll need to do some renovations.

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Government Real Estate Agent Insurance Property Taxes 148

AmeriMac

JANUARY 19, 2021

A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value. Here what you should do is sit down with your real estate agent and review the homes your appraiser deemed similar. Renovating your kitchen, bathroom, or bedrooms.

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Appraisal Real Estate Agent Market Value Real Estate 36