Remove Design Remove Home Improvement Remove Insurance Remove Property Taxes
article thumbnail

Home Appraisals – What Do They Look For?

D Fritz Appraisals

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?

Appraisal 106
article thumbnail

Does Refinancing Affect Your Taxes?

Assurance Financial

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. Make a Capital Home Improvement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Does Adding an In-Law Suite Pay Off?

Empire Appraisal Group

If you’re building an ADU primarily for the extra income, recognize that any rent you charge could be at least partially offset by increased costs, such as higher property taxes , larger homeowners insurance premiums and payments on loans used to construct the unit, among other expenses.

Law 78
article thumbnail

The Ultimate Guide to Retiring in Florida: Tips for a Smooth Transition

Lamacchia Realty

Additionally, the state is no stranger to hurricanes, and it’s crucial to be prepared and have a plan, along with home insurance , in the event of severe weather. This is a welcomed law for many current and incoming residents, as home prices continue to rise in some regions.

article thumbnail

What Is a USDA Loan and How Do I Apply?

Assurance Financial

The USDA’s Single-Family Housing program includes several types of loans that are made directly to borrowers, in addition to grants and loans made to organizations that help lower-income individuals purchase or improve their homes. These mortgages are designed to suit low- to very-low-income applicants. Direct Loans.

article thumbnail

Buying a Vacation Home: 4 Critical Factors & Expert Advice

PennyMac

Couple this with the improved job market and an upswing in home values, and you have a tidal wave of homeowners willing to invest in fixer-upper dwellings. In 2018, homeowners reported an average of $7,560 or more on major home improvements , up 17% over the previous year.