article thumbnail

Unlocking Home Values: The Top 5 Home Improvements for Maximum ROI

Eppraisal

While personal enjoyment is undoubtedly a priority, the return on investment (ROI) becomes a crucial factor, especially for those considering selling their homes in the future. Here, we delve into the top five home improvements that not only elevate your living experience but also promise substantial returns when it's time to sell.

article thumbnail

Unveiling DIY Project Resources to Boost Home Value

Eppraisal

Additionally, platforms like YouTube host a vast array of instructional videos, covering everything from basic home repairs to advanced renovation projects. Home Improvement Blogs: Insights from the Experts Home improvement blogs have emerged as invaluable resources for homeowners seeking expert advice and insights.

Insiders

Sign Up for our Newsletter

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

article thumbnail

With mortgage rates on the rise, here are some products originators should tap into

Housing Wire

For lenders unfamiliar with reverse mortgage products, RMF makes it easy to get into the business with its technology platform, training, marketing assistance and industry-leading support. As such, reverse mortgages will continue to be a growing option as a valuable and effective tool to help meet the challenges of retirement financing.

Mortgage 361
article thumbnail

Home equity is the bright gem of the housing market

Housing Wire

Closed fixed-rate second-lien [home-equity] loans have been up the least in terms of volume, Toohig said, with HELOCs leading the charge — along with unsecured personal loans used for home improvement. (A Our contract is little different in that we share part of the entire home value at the end of the contract.

article thumbnail

Understand home equity lending and how lenders can acquire home equity customers

Clear Capital

If a borrower owns a home valued at $500,000 and they owe $250,000 on their mortgage, they can refinance with a $300,000 mortgage and take the $50,000 difference in cash. What can customers do with home equity loans? Borrowers may use this option to upgrade their home, perform repairs, or pay sudden expenses like medical bills.

Lending 36
article thumbnail

15 Reasons Your Home May Not Appraise for the Expected Value: Tips for Homeowners

Birmingham Appraisal

Outdated Features and Finishes: Homes with outdated features and finishes can struggle to meet the expected appraisal value. Upgrades like modern kitchens, updated bathrooms, and smart home technology can potentially boost your home’s worth.

article thumbnail

How to Build Equity in Your Home

Assurance Financial

If your equity is $50,000, your home equity loan can be up to $42,500. Some people use the loan to cover the cost of a home improvement project, while others use the loan to help pay for their children’s college education. The second option is to increase the value of your property.