Appraisal Buzz

MAY 6, 2024

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters.

HOA 370

HOA Insurance Legal Fees Valuation 370

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.

Home Value 36

Home Value Inspection Modernization Buyers 36

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?

Home Value 36

Home Value Real Estate Agent Real Estate Realtors 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.

Valuation 196

Valuation Client Relationships Clients Inspection 196

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. This is starting to change, however and the market is starting to balance out.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

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.

Inspection 36

Inspection Home Value Contracts Marketing 36

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. “It’s easily a $1 million home anywhere else,” she said. .’ “I had to stop showing it,” she said. “It was just crazy.”

Buyers 393

Buyers Investors Realtors Agents 393

Eppraisal

SEPTEMBER 28, 2022

The real estate market is starting to change. We are experiencing a shift from the sizzling hot seller's market we have had the past couple of years to a more balanced market. 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 68

Buyers Inspection Home Value Sellers 68

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. What is Checked During a Home Appraisal?

Appraisal 105

Appraisal Inspection Property Taxes Easement 105

Eppraisal

APRIL 8, 2021

It's a "super seller's market" right now. 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. When buyers purchase a home "as is" they can still have inspections performed.

Marketing 36

Marketing Inspection Contracts Buyers 36

Chicagoland Appraisal Blog

MAY 13, 2021

Real estate professionals or other appraisal experts can help you determine the market value of your home. This is helpful whether you intend to stay in your home or wish to sell it. Here, we’ll explore everything you need to know about home appraisals and how to maximize the value of your house. .

Appraisal 88

Appraisal Renovations Home Value Real Estate 88

Housing Wire

AUGUST 3, 2023

Job functions most likely to be impacted include sales, marketing and software engineering. Given that sales and marketing are key areas for real estate agents, generative AI will increase the probability of agents winning listings. They concluded that AI has the potential to deliver an economic benefit of $6.1 trillion to $7.9

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Appraisal Buzz

JULY 18, 2022

Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. Therefore, it begs the question: what will happen to home values? To answer this question, we must consider the historical correlation between interest rates and home price appreciation. The offer was accepted.

Sellers 435

Sellers Marketing Market Value Home Value 435

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.

Inspection 36

Inspection Contracts Sellers Real Estate 36

Eppraisal

AUGUST 26, 2022

The real estate market is starting to show signs of balancing. This means that the sizzling hot seller's market will be softening up a bit. It won't turn into a buyer's market right away. In fact, home values are still rising. He or she knows the local market better than anyone.

Sellers 36

Sellers Real Estate Marketing Real Estate Agent 36

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.

Inspection 36

Inspection Home Value Market Value Investing 36

Eppraisal

OCTOBER 2, 2021

Whether you're buying a home or selling a home, today's real estate market is hot. Key Skills Every Agent Should Possess Whether you're buying, selling or both, be sure your real estate agent is knowledgeable about today's market and has been doing business recently. It's fast-paced and you cannot miss a beat.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

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.

Appraisal 98

Appraisal Home Value Appraisal Process Insurance 98

Eppraisal

SEPTEMBER 8, 2023

An AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. Eppraisal has always conveyed the value you see from an AVM is a great starting point for finding your home's value.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

Empire Appraisal Group

JUNE 6, 2024

“There is a risk the deal will fall through because there’s a third-party mortgage lender who needs to approve the loan for the borrower and there are other caveats such as issue the appraisal, or inspection, which is why around 10% of transactions fail when the buyer is paying with a mortgage.

Buyers 78

Buyers Sellers Real Estate Finance 78

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….

Valuation 370

Valuation Appraisal Real Estate Insurance 370

Eppraisal

SEPTEMBER 30, 2021

There is a lot of competition when buying a home nowadays. It is one of the strongest seller's markets we've ever seen in the real estate industry. The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Home values are rising. This is simply untrue.

Inspection 36

Inspection Sellers Contracts Real Estate 36

PennyMac

SEPTEMBER 6, 2023

Especially in a seller’s market, you will likely be able to sell successfully. 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.

Renovations 36

Renovations Inspection Sellers Buyers 36

Eppraisal

MARCH 10, 2023

There is risk involved in owning two homes and being responsible for both mortgage payments. The real estate market is still strong in many areas, so you still may be able to sell your current home without paying two mortgage payments for very long. It is more of a risk to sellers to wait for you to sell your house.

Sellers 68

Sellers Home Value Real Estate Real Estate Agent 68

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. Utilize online marketing channels to promote your appraisal business and engage with prospective clients. Communicate with the client. Connect with clients online.

Client Relationships 75

Client Relationships Clients Appraisal Appraisal Process 75

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.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

Realtor

MARCH 7, 2023

Additional requirements for direct loans from the USDA Very low-income homebuyers might qualify for a direct loan from the USDA, but applicants should know that these homes must meet extra requirements in addition to those listed above. These loans have no home value limits at all, although they do have income limits.

Inspection 111

Inspection Appraisal Market Value Finance 111

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.

Appraisal Process 52

Appraisal Process Appraisal Home Value Modernization 52

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. How Does the Appraiser Determine Value?

Appraisal 158

Appraisal Appraisal Process Buyers Legal 158

PennyMac

JANUARY 2, 2024

Keep in mind, though, that you can still potentially increase your home's equity even if you don't fully recoup the cost of certain improvements. Equity is the difference between your home's current market value and the amount you owe on your mortgage. Will You Stay — A Forever Home or Prepping for a Sale?

Home Improvement 36

Home Improvement Renovations Investing Inspection 36

Eppraisal

MAY 18, 2021

It's no secret the real estate market is super hot right now and the demand for homes is high. There are more buyers than homes available for sale. Buyers are finding themselves in multiple offer situations which means many are being outbid for homes, often more than once. Be prepared to purchase the home "as is."

Real Estate Agent 69

Real Estate Agent Sellers Buyers Home Value 69

Eppraisal

DECEMBER 23, 2022

Listing and Showings After you have listed your home for sale and your listing agent has all the marketing and advertising in full swing, you will start having "showings" Be sure that all buyers are accompanied by licensed real estate agents. Negotiate the price based on these home values.

Real Estate 36

Real Estate Sellers Inspection Contracts 36

Eppraisal

JULY 1, 2022

In 89% of real estate transactions, a homeowner will use an agent or broker to market the property and handle the paperwork. Meeting with inspectors, contractors, agents and other professionals during the inspection period. Control over pricing, marketing and scheduling of showings. Here are some resources to get you started.

Real Estate Agent 36

Real Estate Agent Real Estate Home Value Legal 36

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. Despite the super seller's market, appraisers are protecting the mortgage companies' interests.

Appraisal 36

Appraisal Real Estate Agent Real Estate Inspection 36

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

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 market : Market conditions that exist when homes for sale outnumber buyers.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

Appraisal 126

Appraisal HOA Easement Valuation 126