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When & How do Appraiser’s Adjust for Age?

Cleveland Appraisal Blog

MARCH 4, 2021

Subsequently, a new home typically has a higher market value than one that has already been lived in. For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. How About Loan Conditions?

Appraisal 223
Appraisal Real Estate Real Estate Agent Loan Conditions 223
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Does Refinancing Affect Your Taxes?

Assurance Financial

MARCH 18, 2021

No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. This means the improvement should increase the home’s value, add longevity to the property or adapt the property to a different market. Improve a Rental Property.

Property Taxes 85
Property Taxes Renovations Home Improvement Mortgage 85
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