D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Clear Capital

JULY 27, 2023

Clear Capital’s ClearAVM , a nationwide automated valuation model (AVM) that provides accurate estimates of market value for millions of properties, has been integrated with BeSmartee’s Mortgage POS and HELOC product to provide users with value verification during the initial application and/or underwriting process on mortgage and home equity loans.

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Home Value Valuation Mortgage Real Estate 69

National Association of Realtors

AUGUST 1, 2023

The answer to who can set market value involves buyers, sellers—and the very definition of “value.”

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Home Value Market Value Appraisal Sellers 69

Eppraisal

JANUARY 12, 2024

By focusing on these priority projects in the coming months, you're not only ensuring the longevity of your property but also enhancing its market value. A well-maintained home speaks volumes to potential buyers and contributes to a thriving community.

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Home Value Inspection Modernization Buyers 36

Housing Wire

MARCH 9, 2021

In 2019, the typical homeowner in a primarily white neighborhood had $33,000 more home equity than the typical homeowner in a primarily Black neighborhood. “Significant gains in home values fueled equity gains from 2019 to January 2021 for homeowners of all races,” the press release stated.

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Home Value Market Value Brokerage Inventory 475

Town & Country Residential Appraisals

JANUARY 27, 2020

But to the original claim that fluffing decreases home values, lets explore how. Lets say we have a home that will need extensive renovation, and is beyond a “handy man’s” skills. What happens if we “Fluff” the property to a home with great “potential?” With binoculars. On an extremely clear day.

Home Value 36

Home Value Decorating Agents Investors 36

Housing Wire

AUGUST 15, 2022

A combination of fast-rising home values and the fact that nearly two-thirds of borrowers with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). billion in 2021 to $4.6

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Lending Home Value Mortgage Renovations 427

Cleveland Appraisal Blog

MAY 26, 2023

They had to pay twice to have their property valued. Because in both instances, they first had their homes valued by real estate agents, not appraisers. The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. That’s right!

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Appraisal Real Estate Agent Real Estate Agents 302

Texas Home Appraisal Blog

JUNE 8, 2016

Understanding the way a price is set per square foot and how it works is seeing and understanding the market value of properties. The post Does Price Per Square Foot Give An Accurate Home Value? appeared first on Austin Home Appraisal Team. There are other factors that are taken into consideration.

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Home Value Market Value Real Estate Appraisal 36

Cleveland Appraisal Blog

JUNE 25, 2021

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. There are three basic causes of depreciation for homes. Obsolescence can cause a loss in home value. This is from a home I recently appraised.

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Market Value Appraisal Marketing Buyers 244

Housing Wire

NOVEMBER 23, 2021

Neighborhood Homes is a practical solution for communities in which the cost of renovating or building a home exceeds its market value after the work is complete. The percentage of homes in Rehabbed & Ready neighborhoods purchased with a mortgage grew an additional 5.6%

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Investing Renovations Development Construction 446

Cleveland Appraisal Blog

OCTOBER 14, 2021

Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Don’t drink the Kool-Aid that any contract price is reflective of market value. To “think outside of the box” when valuing a property. I kid you not! Housing Bubble-Icious.

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Inventory Market Value Appraisal Contracts 243

Clear Capital

FEBRUARY 23, 2024

Inclusionary Housing : Typically administered by housing authorities or municipalities, inclusionary housing policies require for-profit developers to create a percentage of units sold below market value. From a lender’s perspective, it may be acceptable for appraisers to develop the fair market value of a shared equity property.

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Valuation Market Value Contracts Appraisal 36

Buys Brokers Only LLC

JULY 7, 2021

When a homebuyer buys a home, the mortgage lender will want to know whether the house, condominium, or multi-family home is worth the amount of money the homebuyer has agreed to pay. The lender needs to evaluate the home to discover anything that might negatively or positively impact the home's fair market value.

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Appraisal Home Value Market Value Mortgage 65

Eppraisal

FEBRUARY 7, 2023

By contrast, a homebuilder acquires raw land to build on and sell when home values are high. How to Market Raw Land For those who see a profit in selling raw land to developers or other interested parties, getting the most money for the lot is attained through optimal marketing.

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Development Sellers Legal Home Value 69

JMV Lending

MARCH 16, 2022

“I knew a guy who sold his house for $100,000 under the market value because he felt like it…” said nobody. My point is that no seller is ever going to knowingly sell a property for under market value in this day and age – when listing information is made available to everyone via […].

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Appraisal Market Value Lending Sellers 78

Eppraisal

MARCH 5, 2024

Whether a complete kitchen remodel, a bathroom update or adding a fresh coat of paint, each project can breathe new life into your home. In addition to the joy and comfort these changes bring into your daily life, renovations can also significantly increase your home’s market value.

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Renovations Modernization Market Value Buyers 36

Appraiserblogs

FEBRUARY 28, 2023

Related Posts: The Real Cause of the Home Value Gap Is the Income Gap Blaming appraisers for the income gap will never solve the real underlying problem. He submitted a pseudoscientific article to a cultural studies journal called Social Text. By design, his paper was strewn with nonsense.

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Home Value Appraisal Design Government 112

Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

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Real Estate Appraisal Marketing Market Value 82

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. Use the appraisal report to calculate your home's equity.

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Appraisal Home Value Appraisal Process Insurance 98

Realtor

AUGUST 7, 2019

Appraisal value isn’t always the same as market value. We know, the lingo can be confusing, but trust us on this one: The “appraisal value” isn’t always the same as the “market value” of your home. So how is market value determined, if not with an appraisal? The final word?

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Sellers Appraisal Market Value Real Estate Agent 111

Eppraisal

OCTOBER 31, 2023

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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Marketing Real Estate Agent Real Estate Valuation 69

Housing Wire

NOVEMBER 7, 2023

single-family home was $3,901, up 3% compared to 2021, ATTOM reported. ATTOM’s figures are estimates based on an analysis of local tax data, home values and the use of an automated valuation model. High tax burdens can play a major factor in whether buyers get priced out of a potential home purchase,” Barber said.

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Property Taxes Home Value Government Buyers 541

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. .

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Appraisal Renovations Home Value Real Estate 88

PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

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.

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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.

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Appraisal Process Appraisal Home Value Modernization 52

East Coast Appraisal

FEBRUARY 28, 2022

If you plan to refinance or sell your home, you should first determine its fair market value. Then, property appraisals are an opportunity for an appraiser to check your home's quality, condition, amenities, location, and other special features that affect its value.

Appraisal 52

Appraisal Renovations Home Value Construction 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. Let’s explore how appraisals work!

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Appraisal Appraisal Process Buyers Legal 158

Realtor

AUGUST 7, 2019

Appraisal value isn’t always the same as market value. We know, the lingo can be confusing, but trust us on this one: The “appraisal value” isn’t always the same as the “market value” of your home. So how is market value determined, if not with an appraisal? The final word?

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

D Fritz Appraisals

FEBRUARY 22, 2023

What Is Home Equity? Home equity is a homeowner’s financial stake in their property. It represents the difference between what they owe on their home and its current market value. Using equity to buy a second home can be attractive for those looking for additional real estate investments.

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Real Estate Investing Appraisal Market Value 125

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. 1] [link]. [2]

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Sellers Marketing Market Value Home Value 435

Realtor

SEPTEMBER 19, 2023

Don’t put too much stock in home improvements We’re sure your brand-new kitchen is stunning but don’t be surprised if it doesn’t proportionally raise your home’s market value when it comes to the home appraisals.

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Appraisal Sellers Real Estate Agent Appraisal Process 194

East Coast Appraisal

NOVEMBER 24, 2021

What Is a Bankruptcy Home Appraisal? A bankruptcy appraisal is a process a certified appraiser carries out to establish your home's fair market value. After comparing multiple recent house sales in your area, the appraiser gets an opinion of your home's value. Why Does a Bankruptcy Home Appraisal Matter?

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Appraisal Home Value Real Estate Valuation 52

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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Inspection Home Value Market Value Investing 36

Housing Wire

AUGUST 3, 2023

This data includes comparative home sales and market trend, be unbiased, use machine learning to predict home values from historic trends and identify complex patterns like changing crime rates or school overcrowding and continuously monitor the market in real-time.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. What exactly is a Zestimate?

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Real Estate Agent Real Estate Sellers Realtors 74