Housing Wire

JANUARY 20, 2021

Reform zoning laws. Here again, the decentralized network of municipal law has handicapped the industry’s ability to respond to the pressing need for more affordable housing. Finally, we need to renovate our existing housing stock. Since we cannot create more land, the only alternative is to increase housing density.

Renovations 428

Renovations Law Development Real Estate 428

Housing Wire

JULY 6, 2023

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?

Inventory 466

Inventory Renovations Real Estate Government 466

Housing Wire

JANUARY 12, 2024

“The foundation would get what was described, in a January 2023 fundraising package, as a ‘prestigious headquarters … [and] site for small scale, but elegant events’ with its ‘voluminous library on American legal and constitutional development’ as a resource for nearby Roger Williams University ‘s law school.”

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Tools Mortgage Finance Lending 401

Housing Wire

OCTOBER 24, 2022

When landlords break the law and refuse to accept vouchers, it’s reminiscent of Jim Crow-era housing discrimination policies intended to restrain opportunities for Black residents,” Racine said in a statement. “No

Real Estate 371

Real Estate Landlords Law Advertising 371

Housing Wire

MARCH 22, 2021

Specifically, the state said that Modus used its partnership with “Staging Boost,” a platform that works with third-party vendor ZingFix to offer cleaning, landscaping, staging and listing preparation renovation with a deferred payment. ” Inman News first reported the planned license revocation.

Insurance 432

Insurance Real Estate Agent Brokerage Real Estate 432

Cleveland Appraisal Blog

JUNE 18, 2022

comparable sales, income, and cost), there are many other elements that may apply based on the statutes, case law, and procedural rules in a given state. Before retirement in 2014, Leslie practiced law for 33 years, mostly with Faegre Baker Daniels (now Faegre Drinker), a law firm with national and international offices.

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Appraisal Law Development Valuation 309

Housing Wire

APRIL 14, 2023

academically-inclined minority youth are often pushed towards professions that are seen as “safe bets,” like medicine, engineering, accounting and law. Whether you’re renovating homes or selling skyscrapers, real estate requires networking and patience. Given the economic vulnerability of many communities of color in the U.S.,

Real Estate 364

Real Estate Law Development Business 364

Lamacchia Realty

APRIL 10, 2024

In-Law Apartments How this can Increase Value: A well updated and cohesive In-law apartment is very attractive to buyers who are looking for one. How this can Decrease Value : Many people believe that in-law apartments automatically increase the value of a home, but it is just not the case.

Law 67

Law Buyers Renovations Decorating 67

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Going for an as-is home sale eliminates the need for a lengthy renovation process. Moreover, buyers sometimes prefer to renovate the home according to their taste.

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Renovations Buyers Appraisal Investing 221

Housing Wire

FEBRUARY 28, 2022

I had one home recently that needed major cosmetic renovations and it ended up get-ting multiple offers, so it is still super competitive here,” she said. The heightened demand has put a strain on Annapolis’ already tight housing inventory, causing properties that would have previously held narrow appeal to go faster than expected. “I

Housing Market 388

Housing Market Marketing Buyers Agents 388

Housing Wire

APRIL 14, 2022

We continue to look for ways to support lower origination costs for borrowers and lenders.”.

Insurance 394

Insurance Renovations Law Real Estate 394

Lamacchia Realty

AUGUST 12, 2021

What to Consider Before Purchasing a Fixer-Upper Although fixer-uppers are more affordable than purchasing a turnkey home in the perfect neighborhood, the process of buying a fixer-upper and renovating it is more complicated than what you see on television. How Much Time Do They Take to Renovate? Traveling a lot?

Renovations 69

Renovations Finance Inspection Buyers 69

Assurance Financial

APRIL 18, 2022

After your purchase, you can renovate the property to make it suit your tastes and fit your needs. Depending on the extent and cost of your home improvement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage. Why Remodel Your Home?

Renovations 74

Renovations Construction Home Improvement Mortgage 74

Cleveland Appraisal Blog

JULY 5, 2021

Our summer has a bit of a different feel than it did a couple of weeks ago, and Murphy’s Law is in full effect as we are also in the middle of a first-floor renovation, including a kitchen remodel, which my wife has reminded me for years that we were overdue for. So, this is how our kitchen looks right now.

Real Estate 221

Real Estate Appraisal Renovations Law 221

Eppraisal

FEBRUARY 6, 2024

Under current tax laws, individuals can exclude up to $250,000 in capital gains ($500,000 for married couples filing jointly) from the sale of their primary residence if certain criteria are met, such as using the property as your primary residence for at least two out of the past five years.

Property Taxes 69

Property Taxes Renovations Home Improvement Law 69

Lamacchia Realty

JUNE 15, 2021

It is federal law; the Property Transfer Lead Paint Notification must be presented before the sale of a home if it was built before 1978. If a child under the age of 6 is living in the home, it must be taken care of and in compliance with the Lead Paint Law. What is my obligation/responsibility if lead paint is found?

Buyers 74

Buyers Law Landlords Tenants 74

Lamacchia Realty

AUGUST 4, 2021

Photo by stux–12364 There are many real estate myths out there, from commissions to renovations. You should renovate your kitchen or bathroom before you sell If your bath and kitchen look and work just fine there is no need to remodel it. Same with buyers considering buying a FSBO.

Real Estate 69

Real Estate Renovations Agents Inspection 69

McKissock

AUGUST 14, 2022

There is some light at the end of the tunnel as people look to renovate older buildings to repurpose as modern housing or bring back to their former glory. But renovations probably won’t be enough, especially in populous cities with high demand. Allowing alternative buildings.

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Inventory Construction Real Estate Renovations 68

Movoto

MARCH 29, 2024

On paper, it sounds easy: buy a home, renovate where necessary, and after screening prospects, place a well-qualified tenant on the property. While feasible for some, buying a rental property this way is a bit of a gamble as most properties bought under such circumstances require extensive renovation.

Tenants 36

Tenants Landlords Investing Renovations 36

Hank Miller Team

OCTOBER 28, 2021

A properly equipped basement can function as an in-law suite offering options for elders, boomerang kids or even Airbnb. A complete renovation allows for a chance to change the design and floor plan and to bring an older home to current standards. If a total rehab is on the board, expanding up or out can be a game changer.

Design 98

Design Buyers Renovations Investing 98

Eppraisal

JANUARY 23, 2024

    Contractor Con Artists Each state has its own laws, but contractors must provide proof of licensure and insurance before starting home renovations. Understanding typical costs for your area will help you seek more competitive pricing.

Legal 36

Legal Real Estate Agent Lending Real Estate 36

Dart Appraisal

APRIL 30, 2021

Engagement letters are traditionally used by certain professional service firms, particularly in finance, accounting, law, real estate appraisal, and consulting, to define the specifics of the business relationship, or in the case of an appraisal – the assignment expectations. Planned renovations? Are there existing improvements?

Contracts 69

Contracts Appraisal Tips Appraisal Clients 69

McKissock

SEPTEMBER 28, 2020

High dividends: You can expect that a minimum of 90% of taxable income will be paid to shareholders – the law demands REITs to pay this amount. For example, a group of investors might buy some apartments in Manhattan and renovate them. Many shareholders also get a 5% dividend yield most times (and it can even be more sometimes).

Investing 52

Investing Real Estate Investors Tenants 52

McKissock

JULY 19, 2022

Overselling a recently renovated area of the house. If you’re still suspicious of the lawyer after checking with the seller, you can double check their graduation from the law school from which they claim to have graduated. Red flags: Recent or unexpected cosmetic changes to the house. An unwillingness to provide routine paperwork.

Real Estate 98

Real Estate Real Estate Agent Sellers Agents 98

Movoto

APRIL 30, 2024

You’ll likely need to perform regular upkeep when still living in the house, which also helps ensure that repairs and renovations go smoothly. Even when not required by law, an attorney fee to review some paperwork can help prevent extremely costly oversights that can occur during the many steps for selling a house by owner.

Real Estate 36

Real Estate Real Estate Agent Buyers Realtors 36

Will Springer Realtor

OCTOBER 3, 2023

Many Washingtonians may be in for a surprise on the real estate front when new laws take effect county by county that will greatly expand the use of accessory dwelling units – or ADUs – on parcels of land once exclusive to single-family homes. The new ADU law applies to all cities in Washington that plan under the Growth Management Act.

Law 65

Law Design Construction Government 65

Quicken Loans

JULY 1, 2021

Our love is unconditional, and we may have even carried out home renovations to accommodate our pets. In fact, some of the cost of those renovations you made might be recouped by value added to your home’s sale price. The amount spent on pet-related renovations has increased as well. Owners report a Joy Score of 9.4 (out

Real Estate Agent 65

Real Estate Agent Renovations Buyers Real Estate 65

Housing Wire

FEBRUARY 10, 2022

Kidwell added: “The federal law and the law as adopted by the states set a woefully low bar and certainly has little education related to being in a position to advise consumers on difficult balance sheets, cost versus debt, and debt service parameters.”. Cutting class. Yen did not respond to a request for comment.

Loan Officers 376

Loan Officers Law Training Lending 376

Birmingham Appraisal

JUNE 9, 2022

Alabama law states that probate must be filed within five years after the death of the owner. If there have been improvements or renovations made to the property after the date of death it cannot be taken into consideration in the appraisal. When listing it for sale. How Long Do You Have To Probate An Estate?

Appraisal 52

Appraisal Legal Real Estate Design 52

Realtor

FEBRUARY 22, 2019

An appraiser will investigate the condition, the square footage, location, and any additions or renovations. The mortgage company is then required by law to give a copy of the appraisal to you. From there, he or she will appraise the home and determine its value. Appraisers work for your lender—not you.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

An appraiser will investigate the condition, the square footage, location, and any additions or renovations. The mortgage company is then required by law to give a copy of the appraisal to you. From there, he or she will appraise the home and determine its value. Appraisers work for your lender—not you.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

Renovations 323

Renovations Investing Real Estate Marketing 323

Property Metrics

AUGUST 13, 2020

Legislative or regulatory risk refers to any change in regulations or law that can impact real estate owners or tenants. Even if changes to laws and regulations do not directly impact real estate, they may indirectly impact property investment through financing or business cash flows. Legislative/Regulatory Risk. Location Risk.

Real Estate 53

Real Estate Tenants Investing Construction 53

AmeriMac

MAY 15, 2021

This, on top of laws like the Dodd-Frank Act , aim to make real estate appraisal as objective and scientific as possible. Other less objective factors that the appraiser may need to consider when determining the value of a property include: recent additions and/or renovations/upgrades. individual room measurements. overall curb appeal.

Property Appraisal 36

Property Appraisal Appraisal Real Estate Property Taxes 36

AmeriMac

MAY 15, 2021

This, on top of laws like the Dodd-Frank Act , aim to make real estate appraisal as objective and scientific as possible. Other less objective factors that the appraiser may need to consider when determining the value of a property include: recent additions and/or renovations/upgrades. individual room measurements. overall curb appeal.

Property Appraisal 36

Property Appraisal Appraisal Real Estate Property Taxes 36

AmeriMac

MAY 15, 2021

This, on top of laws like the Dodd-Frank Act , aim to make real estate appraisal as objective and scientific as possible. Other less objective factors that the appraiser may need to consider when determining the value of a property include: recent additions and/or renovations/upgrades. individual room measurements. overall curb appeal.

Property Appraisal 36

Property Appraisal Appraisal Real Estate Property Taxes 36

Housing Wire

MARCH 28, 2022

With different laws across regions, various types of properties (i.e. With that said, with tight margins of around 5% , time is short, meaning human value creation (renovations big or small) are usually foregone in favor of an algorithmically determined window dictating when to buy or flip.

Real Estate 383

Real Estate Marketing Insurance Buyers 383