Home Value Inspection Investing Renovations 
Chicagoland Appraisal Blog
MAY 13, 2021
Your home may be your favorite place to be, but it’s also an investment. Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. What’s in a Home’s Value?
PennyMac
JANUARY 2, 2024
Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely.
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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.
PennyMac
SEPTEMBER 6, 2023
This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition.
PennyMac
OCTOBER 10, 2023
The required in-person visit by a home appraiser can take over an hour, depending on the size of your home. However, several other steps are involved in making an unbiased and professional assessment of your home's value. An appraiser will also evaluate your home's foundation and its condition.
D Fritz Appraisals
MARCH 7, 2019
Before you go spending thousands of dollars in renovations, however, make sure you follow this advice from the outset. You need to be careful that what you spend on renovations is less than the potential increase in value of your house. This ultimately affects how much money you should invest in improvements.
PennyMac
DECEMBER 22, 2020
Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. The process for buying an REO home is similar to the standard home buying process , but there are a few key exceptions to keep in mind.
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