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William Raveis ain’t no stinkin’ iBuyer

Housing Wire

.” With “Raveis Purchase,” which officially launched earlier this month, WRRE will acquire the home-seller’s property for an initial payment of up to 80% of the current value of the home, which unlocks the majority of the equity and enables the seller to settle any mortgages.

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How to Price Your Home for the Current Market

Eppraisal

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Online Home Value Estimation Informal home appraisal tools can give you ballpark estimates of how much your property is worth.

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Tips for Increasing Your Home’s Value Without Spending a Fortune

Cleveland Appraisal Blog

Does your home have a smell? Any repairs that can be made without requiring an extensive renovation should be made, it’s a great move to ensure a higher value. However, adding a bathroom to your floorplan is one of the pricier renovation projects you can undergo, so it may not be within everyone’s budget. Bottom line.

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AVM’s & Punxsutawney Phil’s Accuracy

Cleveland Appraisal Blog

Since many people are using these types of companies to sell their homes now, I have to now check with these sites to see if the home I am appraising is, or was, listed on one of these sites, in addition to the MLS. Since AVM’s base their values upon data from the market, at times they can be accurate.

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How Depreciation Works

Cleveland Appraisal Blog

Physical depreciation is the most common cause of loss of value. All homes, that are not new, suffer from physical depreciation, because all homes are only new once. Even if they are completely renovated, they are still not considered to be new. As a home ages, it begins to deteriorate. Maybe yes, maybe no.

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Inflation's Impact on the Housing Market

Eppraisal

Just as inflation drives up the value of lumber, light bulbs, potatoes, chicken and women's shoes, it boosts home values in the same way. Of course, myriad factors are involved in home values, but inflation must be accounted for. Double that money supply to $1,200 and the price per house jumps to $40.

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6 Reasons Your Home May Not Appraise In Today’s Market

Birmingham Appraisal

These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. 2) Lack of Comparables – It’s no secret that housing inventory has been dwindling over the past several years. Because of the lack of inventory sales volume has been down.