Housing Wire
MAY 11, 2021
For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. . Detailed definitions of these rating points can be viewed in the Fannie Mae and Freddie Mac Uniform Appraisal Dataset Specification. .
Housing Wire
JUNE 10, 2021
While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. Home improvements and renovations are also important to buyers. A seller concession could include putting money towards the inspection costs, appraisal fees, taxes or another expense.
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Appraisal Buzz
JUNE 6, 2022
Oh yeah, we need the effective date to be two years ago,” or “actually, we want it to be appraised as if those renovations were completed, not as is.” We’ve all gotten a presumably as-is appraisal assignment, gone out to inspect, and learned at the inspection that the master bathroom is gutted. Assignment conditions.
Cleveland Appraisal Blog
AUGUST 13, 2023
Before you embark on a complete bathroom renovation, take heart. Schedule Regular Plumbing Inspections If you really want to keep your plumbing system eco-friendly, it’s time to practice some TLC. Regular inspections are important to catch plumbing issues and maintain an efficient plumbing and water transport system.
Housing Wire
APRIL 22, 2024
I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection.
AmeriMac
DECEMBER 30, 2023
We will start with the definition and purpose of these appraisals, followed by how they work, the factors considered in them, and preparing for an appraisal. Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions.
McKissock
JANUARY 31, 2023
” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “The definition of market value.” ” “We do not adjust dollar for dollar with regards to upgrades/renovations/updates. These are typical items for re-inspections.”
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