Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well.

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Eppraisal

JANUARY 12, 2024

In this guide, we'll explore the importance of spring maintenance and prioritize tasks that contribute to enhancing your home's value. Roof Checkup Your roof is your home's first line of defense. Inspect for loose or damaged shingles or tiles and address any leaks promptly.

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Eppraisal

OCTOBER 28, 2021

Homes with no known defects also have higher home values. Sellers are also required to provide the buyers with an EPA pamphlet called "Protect Your Family From Lead in Your Home.". The inspection contingency calls for a certain number of days in which the buyers can have these inspections performed.

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Houston Properties

JULY 22, 2022

Home Value Of My House: Tips for Pricing Your Houston Home. Asking yourself, "What is the home value of my house in Houston"? Use this Houston home valuation tool from HoustonProperties.com. Value Your Home. Planning to sell your home but overwhelmed with all the steps to take?

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Home Value Real Estate Agent Real Estate Realtors 36

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. . This is why most automated valuation models (AVM) default to assessing “average” quality and condition.

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Eppraisal

MARCH 22, 2024

While ensuring a window operates properly has minimal impact on home value, it makes living in a house more pleasant. Clean Awning and Overhangs Adding awning and home trim typically requires the help of professionals and can be costly. Spring is an excellent time to inspect your indoor caulking and see what needs repair.

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Inspection Home Value Contracts Marketing 36

Housing Wire

JUNE 30, 2021

Home values have increased over the past several months and consumers are realizing there is more equity in their homes than anticipated. This realization has increased demand for wholesale lenders and brokers as borrowers look to refinance, cash-out refinance or otherwise take advantage of the equity in their homes.

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Valuation Client Relationships Clients Inspection 196

Eppraisal

SEPTEMBER 28, 2022

Home values are not expected to go down, however, they are not going to continue going up at the double-digit rates they have been. Buyers will begin to have some say in their concerns about the homes they purchase. Be sure to get the HVAC system checked out by a professional during your inspection.

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Buyers Inspection Home Value Sellers 68

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. 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.

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Housing Wire

MARCH 31, 2021

As work-from-home becomes more of a national norm, prospective homebuyers are seeking better home values in small towns that still offer a lot of amenities. One of those is Bay City, Michigan — a town of approximately 33,000 90 minutes outside of Lansing — that’s one of the 25 hottest MSAs in the country.

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Premier Home Appraisal Blog

MAY 30, 2023

According to the Homeowners Protection Act (HPA), you can request PMI cancellation once you reach 20% equity in your home and have paid off 20% of your original loan amount, either through mortgage payments or an increase in your home's value. The real estate appraiser will come to your home and conduct an inspection.

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Appraisal Home Value Appraisal Process Insurance 98

Housing Wire

APRIL 13, 2021

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. “If you ask for a rush job, they say they can’t do rushes right now because they have so much in the pipeline.”.

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Eppraisal

FEBRUARY 28, 2023

Inspection Contingency The inspection period typically lasts five to ten business days after the contract is signed. During this time the buyer must get the inspections completed. Most buyers have a whole house inspection. Home values are expected to continue to rise slightly in some markets, but not in all markets.

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Eppraisal

DECEMBER 12, 2023

Winterizing your home not only ensures a cozy and comfortable living space during the colder season but also plays a significant role in maintaining and potentially increasing your home value. Here's a comprehensive guide with practical steps you can take annually in late fall or early winter to winterize your home.

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Chicagoland Appraisal Blog

MAY 13, 2021

Naturally, even if you choose not to sell your house, you certainly want to maintain your investment and ensure that your home value doesn’t drop. Here, we’ll explore everything you need to know about home appraisals and how to maximize the value of your house. . What’s in a Home’s Value?

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Eppraisal

JULY 19, 2022

With home values rising and homes selling at record speed, it is helpful to have an attorney on your side during the transaction. Contract Review Whether you are a home buyer or a home seller, once you sign a contract it is time to hire a real estate attorney.

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Eppraisal

SEPTEMBER 30, 2021

The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Home values are rising. One of the terms buyers are writing into their offers is that they are willing to purchase the homes "as is." This is simply untrue. What's the "As Is" Advantage?

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Eppraisal

FEBRUARY 20, 2024

Set aside money for emergency repairs and system enhancements to boost safety and increase property values. Heating and Cooling Inefficient heating methods found in older homes can benefit from modernization, which leads to substantial energy savings.  Lastly, always prioritize safety measures when managing an old property.

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Appraisal Buzz

MAY 31, 2021

A husband and wife requested a bank appraisal to refinance their Jacksonville, Florida home. Only the wife was at home to greet the appraiser when they arrived to inspect her home. When the couple received the final appraisal report of their home’s value, they were shocked! The answer….

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Eppraisal

SEPTEMBER 8, 2023

This knowledge can help them provide a more accurate estimate of your home's value based on current market conditions. An agent can physically inspect your property An AVM can only estimate your home's value based on data such as square footage and number of bedrooms and bathrooms.

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Eppraisal

DECEMBER 20, 2022

Your real estate agent will discuss with you the price of the home you are looking for, the size, how many rooms you need, the style, your needs and wants in a home, and much more. It is important to understand home values in the areas you are looking so you have an idea of what type of homes you can afford.

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McKissock

MAY 24, 2022

If you’re working with AMCs , be sure to complete your report within 24–48 hours after the appraisal inspection, as many AMCs will score you on this metric. Always deliver your appraisal reports on time, and do not accept an assignment if you’re unsure whether you can deliver by the required deadline. Communicate with the client.

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Client Relationships Clients Appraisal Appraisal Process 75

Realtor

MARCH 7, 2023

These loans have no home value limits at all, although they do have income limits. ” In some cases, experts advise it might be wise for a potential homebuyer to pay to have a home inspection done prior to the official appraisal. Many homebuyers may instead qualify for a USDA guaranteed loan through a lender.

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Inspection Appraisal Market Value Finance 111

PennyMac

SEPTEMBER 6, 2023

Save money on home improvements When you sell your house more traditionally, you want to get the most money from your sale by fixing up your home. You may also be required to make repairs to meet certain state standards in order to sell your home. Invest some money and time to fix and update your home.

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Eppraisal

DECEMBER 23, 2022

Be sure your agent did an analysis for you and that you are aware of the home values for similar homes in your area. Negotiate the price based on these home values. Inspection Period After the contract is signed and delivered to all parties, it becomes a fully executed contract.

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Eppraisal

MARCH 10, 2023

Even though most houses were selling quickly, and home values were rising, many sellers wanted to sell their homes to buyers with few or no contingencies. "House Homes may not sell as quickly, and home values may not rise at the double-digit percentage rates they have been over the past couple years.

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Sellers Home Value Real Estate Real Estate Agent 68

East Coast Appraisal

JUNE 7, 2021

If you're thinking about selling your home, you probably want to know what it's really worth. During an appraisal, your home is inspected and photographed to determine the current market value. If you would like to know more, check out these commonly asked questions about the home appraisal process.

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Eppraisal

APRIL 8, 2021

Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. There is so much pent-up buyer demand that homebuyers are in bidding wars and are offering considerably more than list price for homes.

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Marketing Inspection Contracts Buyers 36

Eppraisal

JANUARY 21, 2022

Updating and maintaining the exterior of your home on an annual basis can help preserve the life of every aspect of your exterior. Keeping up with its condition will also add to your curb appeal and home value. If you notice missing tiles or shingles, have your roof inspected by a professional roofing company.

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Inspection Architecture Home Value 36

Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

PennyMac

JANUARY 2, 2024

Equity is the difference between your home's current market value and the amount you owe on your mortgage. A home upgrade that doesn’t fully pay for itself dollar-for-dollar in terms of increased home value may still boost your home’s overall market value, thereby increasing your equity.

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Home Improvement Renovations Investing Inspection 36

Eppraisal

MAY 25, 2021

The VA home loan is a true "no money down" home loan opportunity. Private mortgage insurance (PMI) is usually required with other loan programs when a buyer's down payment is less than 20% of the home's value. Since VA home loans are government-backed, they portray VA homebuyers as financially solid buyers.

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Eppraisal

SEPTEMBER 16, 2021

Have Your Roof Inspected Late Summer is a great time to have your roof inspected. Keep in mind if your roof is in poor shape, it will lower your home value. If you go through the above punch list, your home will be ready for fall and winter. Remove the mildew off your deck by power washing it as well.

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Eppraisal

JULY 1, 2022

When you choose to go with the FSBO method, you are responsible for many things, including: Determining an accurate home value, gathering photos and other marketing information, and paying to list the house on real estate websites. Meeting with inspectors, contractors, agents and other professionals during the inspection period.

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Real Estate Agent Real Estate Home Value Legal 36

Zillow

JULY 15, 2019

Approved for short sale : A term that indicates that a homeowner’s bank has approved a reduced listing price on a home, and the home is ready for resale. Look for this accreditation or something similar when shopping for a home inspector.). Buyers should budget for an amount that is 1% to 3% of the home's purchase price.

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Eppraisal

NOVEMBER 23, 2021

The real estate market is still hot and there are currently more buyers than homes available for sale. So far in this year's fall real estate market, home values continue to rise. It hasn't been uncommon where homes haven't appraised for the prices on the real estate contracts this year.

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Eppraisal

MAY 18, 2021

If you've been outbid for another home, keep your head up. It's All About the Sellers It's a super sizzling seller's market right now and home values are rising. Sellers are in charge and if you're trying to buy a home, keep this in mind. Be prepared to purchase the home "as is."

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Real Estate Agent Sellers Buyers Home Value 69