Eppraisal

APRIL 9, 2024

Renovations are a great way to boost home value and aesthetics. Here are some home renovation truths to prepare you for such an undertaking. For example, major renovations may require temporary housing, which can be a significant expense. Another critical consideration is your neighbors.

Renovations 68

Renovations Supply Chain Home Value Construction 68

D Fritz Appraisals

OCTOBER 11, 2022

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 105

Appraisal Inspection Property Taxes Easement 105

PennyMac

NOVEMBER 27, 2023

Equity is the difference between the market value of your home and the amount you owe on your mortgage. Once you've accumulated enough home equity, you can tap into it for various needs like home renovations, debt consolidation or other expenses. But don’t treat a cash-out refinance or home equity loan like an ATM.

Market Value 36

Market Value Tenants Renovations Insurance 36

PennyMac

JANUARY 3, 2024

No monthly mortgage insurance premiums. Purchase a home and start building equity without the extra expense of monthly mortgage insurance. Does not apply to taxes, insurance or pre-paid interest. Use the funds for any purpose, such as paying off debt, funding education or making home improvements.

Insurance 36

Insurance Real Estate Agent Finance Renovations 36

Assurance Financial

OCTOBER 27, 2023

You can leverage home equity to access cash for major purchases, alternative debt repayment, retirement plans or home renovations. You can also use it to obtain funds via a second mortgage like a home equity line of credit , or HELOC. When you obtain a HELOC, you are securing it against your home equity value.

Renovations 36

Renovations Mortgage Appraisal Housing Market 36

AmeriMac

MARCH 29, 2024

One of the most common types of reverse mortgages is the Home Equity Conversion Mortgage (HECM), which is insured by the Federal Housing Administration (FHA). HECMs are government-backed loans designed to help seniors access the equity in their homes. Enhancing curb appeal through landscaping can also add value.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

PennyMac

JANUARY 16, 2022

That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). Buying a vacation home? The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels.

Investing 36

Investing Property Taxes Real Estate Renovations 36