PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

AmeriMac

JANUARY 19, 2021

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. Updating your house’s decor. Essentially, the point is to compile a list of important things your real estate agent agrees you should add.

Appraisal 36

Appraisal Real Estate Agent Market Value Real Estate 36

McKissock

DECEMBER 21, 2021

A little bit of friendly competition encourages bidders to commit to properties they love, which increases the chances of your home selling at market value or above. Does your audience appreciate more modern decor? Update the property with unique furniture pieces and decorative art that will “wow” them.

Marketing 86

Marketing Decorating Buyers Training 86

Town & Country Residential Appraisals

JANUARY 27, 2020

Why are real estate agents among the top 10 most hated professions? When the listing agent was asked why she made such an audacious claim, she replied, “Because each one of them had received a new part within the last year.” Retro decor: It’s ’60s flashback time. Where is the standard?

Home Value 36

Home Value Decorating Agents Investors 36

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. Despite what some highly placed authorities in the GSEs mistakenly would have us believe, the contract price, in and of itself, is not indicative of a property’s market value.

Appraisal 72

Appraisal Contracts Real Estate Architecture 72

Listing Spark

MARCH 15, 2022

Update your decor. Don’t do any major renovations or updates before the appraisal. Major renovations or updates before the appraisal can hurt a home’s value. In fact, most renovation projects don’t return as much as they cost, according to Remodeling Magazine’s 2019 Cost Versus Value Report.

Appraisal 36

Appraisal Renovations Contracts Buyers 36