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What Impact Do Renovations Have on Appraisal Value?

Birmingham Appraisal

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The best way to look at home renovations is by considering the overall impact they will have on your home. Updates or Renovations?

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How reverse mortgages could improve financial stability for older homeowners

Housing Wire

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. HW: Some borrowers are under the impression that reverse mortgages are a last resort.

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How to price homes properly in a volatile housing market

Housing Wire

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. The same analysis of 435,000 distressed property dispositions shows that 72% of properties that were renovated and resold after being purchased at foreclosure auction ended up in the hands of owner-occupants.

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Success with Relocation Appraisals: Key Strategies

AmeriMac

Appraisals play a significant role in determining the fair market value of a property and ensuring a successful relocation. We will also discuss the key differences between relocation appraisals and mortgage appraisals to provide a comprehensive understanding of the appraisal process.

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4 Things I Wish I’d Known Before I Got an FHA Loan

Realtor

But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan. Let’s get into the first thing you’ll have to factor in with an FHA loan: mortgage insurance.

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4 Things I Wish I’d Known Before I Got an FHA Loan

Realtor

But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan. Let’s get into the first thing you’ll have to factor in with an FHA loan: mortgage insurance.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

They are also used to assess the value of the home for home improvement loans and insurance evaluations. Read on for more information about how a home appraiser determines the value of your property. Renovation loan assessments. Mortgage financing and refinancing. Valuation for insurance claims.

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