Lamacchia Realty

MAY 20, 2022

HOME RENOVATIONS IN 2022. It’s well known that the world has seen a multitude of changes over the past few years, and the home renovations world is no different. From supply chain delays and stoppages to inflation, home renovation and even new construction projects are feeling the impact. Insulation is up 5.4% from last year.

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Renovations Supply Chain Construction Modernization 55

Housing Wire

OCTOBER 20, 2023

Who knows, this might help someone kick start styling their own home, which could result in them reaching out to you because you share a love for mid-century modern or boho minimalist style. Break down real estate lingo First-time homebuyers and sellers can easily become confused and overwhelmed by unfamiliar real estate terms.

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Real Estate Agents Real Estate Agent Clients 339

Housing Wire

MARCH 28, 2022

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. To de-risk transactions, tailored add-ons are important. Andy Bodrog is Partnerships Director, Property at Cover Genius.

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Real Estate Marketing Insurance Buyers 362

Lamacchia Realty

SEPTEMBER 14, 2021

Sometimes it pays to refinance and renovate. FHA Rehabilitation Loans allow the homebuyer or homeowner to finance the purchase or refinance along with the renovation of a home through a single mortgage. Properties that are granted FHA Rehab Loans are typically not up-to-date and require renovation to modernize the home.

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Renovations Modernization Buyers Finance 71

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?

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Renovations Construction Home Improvement Mortgage 74

Listing Spark

DECEMBER 11, 2023

These figures include a ballpark on ROI for rental properties, a clear idea of your expected profit on a flip after renovation and resale, and a detailed list of the expenses you’ll incur to process the property. Many investors stop at calculating buyer closing costs, renovations, and holding costs.

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Investing Renovations Sellers Real Estate 36

Birmingham Appraisal

JULY 12, 2023

Pricing a property correctly from the outset is crucial for attracting potential buyers and maximizing the seller’s return on investment. Upgrades and Renovations: Improvements made to a property can increase its value, but there is a point at which further upgrades result in diminishing returns.

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Real Estate Agent Law Real Estate Bracketing 87

Listing Spark

MAY 14, 2024

This commission is split between the seller’s agent and the buyer’s agent. That’s a hefty sum that could otherwise go towards your next property, renovations, or even a well-deserved vacation. These modern services also put homeowners in the driver’s seat, giving them more control over the selling process.

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Lamacchia Realty

APRIL 10, 2024

Renovation Projects How this can Increase Value : When it comes to renovation projects , there are two directions you can take. First, you can update one of the main living spaces so it’s more modern and functional , such as a kitchen or bathroom. Click here to begin your home selling journey today!

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Law Buyers Renovations Decorating 68

McKissock

AUGUST 14, 2020

However, the appraiser would not want to rely on MLS data that is 10 years old for determining the property’s current condition, modernization, and quality for an appraisal with a current effective date. Exaggerations pertaining to a specific outcome may compromise or alter the neutral perspectives of the data. Illustration.

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Modernization Appraisal Renovations Real Estate 100

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. But renovations probably won’t be enough, especially in populous cities with high demand.

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Inventory Construction Real Estate Renovations 68

Chicagoland Appraisal Blog

APRIL 3, 2020

Here’s what that means for sellers in the Chicago area: Make key updates if you’re selling a dated home. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. Sebring is seeing a surge in industrial-style sinks and vanities in Chicago bathroom renovations.

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Real Estate Agent Architecture Modernization Buyers 78

Will Springer Realtor

APRIL 23, 2024

Many experts in the construction business suggest the Home Energy Rating System index is most relevant to today’s consumers, including home buyers and sellers. HERS has placed index scores on more than 1M homes on total energy efficiency. The lower the score, the lower the energy costs.

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Lamacchia Realty

JULY 7, 2021

After massive renovations, 6 North Road in Chelmsford has a whole new look and is built to accommodate Lamacchia Realty’s Chelmsford agents as well as agents that were previously located in the Westford office. During the renovation period, Lamacchia Chelmsford agents operated out of the Westford Office. Anthony Lamacchia.

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Business Renovations Realty Realtors 66

McKissock

JANUARY 30, 2022

Many modern daily tasks depend on having a strong internet connection. Although these utilities aren’t always available in rural areas, they are generally considered necessary for living a normal, modern life in America. .

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Real Estate Real Estate Agent Marketing Modernization 74

Lamacchia Realty

JUNE 15, 2021

Another big issue with lead paint is that even if you paint over it with modern paint, the risk is not eliminated. However, it is also dependent on responding to the seller within the dates promised in the offer. Lead is especially harmful to children six years of age or younger due to their itch to explore and consume things.

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Buyers Law Landlords Tenants 74

McKissock

SEPTEMBER 27, 2021

Being a real estate agent requires you to be a great seller and one of the first impressions potential buyers will have of you is the real estate listing descriptions you write for your properties. recent renovations (appliances, doors, floors, etc.), of spacious elegance, natural oak floors throughout, and a modern gourmet kitchen.

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Real Estate Real Estate Agent Buyers Agents 94

PennyMac

OCTOBER 10, 2023

Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration. Home improvements and renovations. An appraiser will also evaluate your home's foundation and its condition.

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Appraisal Real Estate Agent Renovations Home Value 69

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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Appraisal Real Estate Real Estate Agent Contracts 76

Listing Spark

AUGUST 17, 2023

FHA Flipping Guidelines on the Seller Side: The Challenges of Selling to Buyers Who Are Pre-Approved for an FHA Mortgage As a house flipper, you don’t just have to worry about FHA flipping guidelines during the buying process; as the seller, you also have to be ready to accommodate the requirements of FHA-approved borrowers.

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Listing Spark

APRIL 17, 2024

With the current NAR settlement shaking up commission processes and costs for buyers and sellers, investors have even more reason to operate without an agent holding up their processes. Without the right support, sellers can find themselves overwhelmed and underprepared, potentially leading to suboptimal outcomes.

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Open Houses Real Estate Tools Investors 36

Housing Wire

MAY 17, 2022

Several mortgage trade groups have said if the FHA modernizes servicing guidelines and aligns them more closely to Fannie Mae and Freddie Mac, depository institutions will return to servicing FHA loans. Perhaps the most common prediction is that Gordon will revise FHA’s servicing handbook to be in sync with the conventional housing market.

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Insurance Development Housing Market Mortgage 307

McKissock

DECEMBER 21, 2021

While pre-auction preparation of the home to showcase it to its maximum potential is still incredibly important, properties sell as-is, which means there are no long drawn out negotiations about the additional renovations, repairs or extras that need to be done before a sale can be finalized. Does your audience appreciate more modern decor?

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Marketing Decorating Buyers Training 86

Listing Spark

FEBRUARY 28, 2024

There are many reasons for home sellers not to want to use an agent, such as saving money and being more in control of the process. They’d gather details about your property, have you fill out the seller’s disclosure form, and sometimes arrange for professional photographers to take pictures of your home.

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Will Springer Realtor

DECEMBER 6, 2022

Though it went through extensive renovations in 2016, the home still stands today.). He was a street-smart salesman, often outwitting big-name developers by deploying modern marketing that featured engaging booklets with illustrative photos of different home styles and sparkling language that espoused suburban life.

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Architecture Design Buyers Modernization 36

Raleigh Realty

AUGUST 19, 2022

67 percent of millennial home buyers would put an offer on a home in need of a full or partial renovation. According to the 2018 Home Buyer and Seller Generational Trends Report, 90 percent of buyers aged 37 years and younger purchased their home through a real estate agent. Mobile phone use reigns supreme. Marriage is on the decline.

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Real Estate Agent Real Estate Agents Buyers 78

Listing Spark

MARCH 15, 2022

Check out our home-seller checklist which will guide you through your home sale from pre-listing to contracts and closing. A fresh coat of paint or some new furniture can go a long way in making your home look more modern and appealing. Don’t do any major renovations or updates before the appraisal. Love this list?

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Appraisal Renovations Contracts Buyers 36

McKissock

OCTOBER 12, 2021

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. Because the house is in a registered historic neighborhood, returning it to the character of its age is warranted rather than modernizing, which would add to the project cost. We’re all familiar with the term “fixer-upper.”

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Appraisal Market Value Investors Buyers 84

Zillow

MAY 8, 2017

For instance, when interiors photographer Josh Gibson decided to renovate his 19th-century cottage in Beaufort, SC , he had to contend with the historic district landmarks commission, which required hours of research and visits downtown. Knowing the zone is important because it will tell you what you can and cannot do to the home.

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Renovations Inspection Real Estate Buyers 36

Listing Spark

FEBRUARY 12, 2024

You should also have cash flow so you can pay for renovations and services between each sale. While this isn’t necessarily ideal for all sellers, investors benefit by being in charge of their own processes. Positive Cash Flow: It’s not enough to have profitable operations.

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Brokerage Investors Investing Real Estate 36

Listing Spark

SEPTEMBER 27, 2023

Your buyers, especially if they’re investors, need to know the prices comparable properties are being sold for, both during and after renovations. Smart software can do a lot of the heavy lifting that realtors do and which buyers, sellers, and investors used to not be able to do. Realtors provide insights for pricing strategies.

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Realtors Investing Real Estate Clients 36

Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. The interior’s mechanicals have all been updated, but the sellers intentionally chose to leave much of the interior details alone to preserve its history. built in 1825 Excerpts: 8 bedrooms, 5.5+ baths, 6,263 square feet, 2.23

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Appraisal Today

JULY 29, 2022

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. But is it because sellers are rushing to list their homes?

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Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

AUGUST 11, 2023

The single-family housing market is sluggish, as many prospective buyers and sellers have chosen to focus on enjoying the many weeks of beautiful weather. And the sellers don’t disagree. Tickets Tour Modern Homes, Sept. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). Pittsburgh).

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Will Springer Realtor

JULY 9, 2021

THE ROI OF HOME RENOVATION. I am often asked by sellers what home projects should they address to get the highest return on investment. A new door improves curb appeal, adds modern technology to the house and, based on my observations, doesn’t make as much noise as older models! Sellers are asking $2.9M ($1590/sq.

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Will Springer Realtor

AUGUST 9, 2021

Many dug into savings and had their homes renovated or repaired. The sellers are seeking $17.98M, $2811/sq. The modern masterpiece is looking for its first owner, if $6.498M ($1084/sq. There are modern touches wherever you look. >> What did Americans do while in pandemic hibernation? This 4-bed, 3.5-bath

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Construction Inventory Property Taxes Development 36

Will Springer Realtor

MAY 12, 2021

The owners spent two years – and presumably hundreds of thousands of dollars – to renovate the place about 15 years ago, featuring a Chef’s kitchen with two islands, double-oven and walk-in pantry. Sellers typically ask for back-up buyers. for this piece of modern Seattle history (with outstanding views, by the way).

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