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Appraisal Inspection vs. Home Inspection

Chicagoland Appraisal Blog

Sometimes consumers equate the appraisal inspection as a professional home inspection. Home Inspection A licensed home inspector performs a home inspection. Appraisal inspections usually take approximately 30 minutes to an hour depending on the size and complexity of the property.

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Property condition information that’s cloud-based – “Word cloud” based

Housing Wire

Many factors contribute to the process of determining the value of a residential property. 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. .

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Home Appraisal 101: Maximizing the Value of Your Home

Chicagoland Appraisal Blog

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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Home Improvement Cost vs. Value: Is Your Project Worth the Money?

PennyMac

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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Unexpected Maintenance Needed on Old Homes

Eppraisal

 Consider consulting professionals like contractors or structural engineers to assess your home's foundation and frame before undertaking significant renovations or additions. Set aside money for emergency repairs and system enhancements to boost safety and increase property values.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

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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Pros and Cons to Selling a House As Is

PennyMac

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.