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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?

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Does Refinancing Affect Your Taxes?

Assurance Financial

Home improvements: With a cash-out refinance, you can finally tackle those home improvements. No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. Make a Capital Home Improvement.

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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.

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

Lamacchia Realty

This is a welcomed law for many current and incoming residents, as home prices continue to rise in some regions. Consider housing prices, property taxes, healthcare costs, and everyday expenses like groceries and utilities.

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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.

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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. Property taxes.

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WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

The home remodeling industry is a $368B business, according to Harvard researchers , and is expected to reach $432B by the end of this year. Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic.