Housing Wire
SEPTEMBER 8, 2023
This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation. It also uses Revive’s recommendation engine to offer renovation estimates supported by local contractors.
Housing Wire
JUNE 1, 2021
Presented by: Altisource. President Biden also announced the Neighborhood Homes Tax Credit, which would incentivize the rehabbing of outdated homes. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer.
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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.
East Coast Appraisal
SEPTEMBER 12, 2022
Many agreements wait until the loan has reached 78 percent of the home's value to automatically cancel PMI. Assuming your PMI agreement is eligible and your payments are current, you can move forward with the appraisal process to prove your loan-to-value ratio. . When Home Prices Increase. When You Finish Renovations.
Cleveland Appraisal Blog
APRIL 29, 2021
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.
PennyMac
OCTOBER 10, 2023
However, several other steps are involved in making an unbiased and professional assessment of your home's value. Your appraiser will research trends, local county records and recently closed comparable homes in your area, known in the industry as "comps." What Do Home Appraisers Look For? What Hurts a Home Appraisal?
Birmingham Appraisal
AUGUST 30, 2023
It’s also important to provide the appraiser with complete information regarding any updates and renovations that the home has had. Ignoring Appraiser Insights: During the appraisal, appraisers may ask questions about your home. This shows that you’ve taken care of your property.
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