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Unexpected Repairs in a Flip Home

Hank Miller Team

Rookie investors make rookie mistakes; overpaying, underestimating repairs, poor project management, overestimating finished market value and a thousand other things. The residents of this town home ignored routine maintenance for years, it needed extensive renovation. Here's an example.

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Features That Can Make Or Break The Value Of Your Home

Lamacchia Realty

In fact, excellent landscaping can add up to 15% to your property’s overall value! This is one of the few home improvements that can increase the value as the years pass. Renovation Projects How this can Increase Value : When it comes to renovation projects , there are two directions you can take.

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How to Market A Luxury Home the Right Way

McKissock

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.

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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

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.

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Inheriting A House? Here Are Your Options

Quicken Loans

If the house is being passed to heirs, they will have to pay taxes on the fair market value of the property out of the funds and assets in the estate. Consult a tax adviser to go over your options for determining fair market value. Any decorative or nonessential improvements are at your discretion.

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How to Contest a Bad Appraisal

AmeriMac

Highlight new and upgraded features, especially those adding value to your house. Renovating your kitchen, bathroom, or bedrooms. Updating your house’s decor. One more effective way to increase your home’s market value is to compare it with similar ones and highlight the benefits of your property.

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How to Avoid Hurting Your Home Appraisal: Cleaning, Updating & Fixing

Listing Spark

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.