Chicagoland Appraisal Blog

MARCH 9, 2024

Appraisal Inspection An appraisal inspection is a visual observation of physical factors that will influence value in the market place to include location, size, condition (noting any deficiencies, updates, renovations) and amenities.

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Inspection Appraisal Real Estate Property Appraisal 136

PennyMac

JULY 21, 2021

Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. We talked to real estate and renovation experts to gather their tips and insights on renovation projects for your home’s exterior living space.

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Renovations Real Estate Investing Design 36

Eppraisal

MARCH 15, 2024

Websites like Pinterest , Houzz , and DIY Network offer a plethora of inspiration, from budget-friendly renovation ideas to step-by-step tutorials. Additionally, platforms like YouTube host a vast array of instructional videos, covering everything from basic home repairs to advanced renovation projects.

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Home Value Home Improvement Renovations Design 36

D Fritz Appraisals

MARCH 16, 2021

Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals. Copies of any previous appraisals – this can help the appraiser see how the value has changed over the years.

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Appraisal HOA Easement Valuation 132

Appraisal Today

APRIL 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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Appraisal Real Estate Real Estate Agent Contracts 85

Birmingham Appraisal

AUGUST 30, 2023

Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale. However, it’s not uncommon for homeowners to be disappointed when the appraisal value doesn’t match their expectations.

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Appraisal Appraisal Process Renovations Appraisal Tips 88

Quicken Loans

APRIL 5, 2021

Home value may increase over time. Sense of home stability/permanence. Home value may decrease. Aside from initial closing and moving costs, you may be paying more closing costs when selling a home in addition to other costs such as repairs and renovations that would make the house sell for top dollar.

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Landlords Renovations Property Taxes Finance 72

Birmingham Appraisal

MARCH 26, 2025

Similar school districts, especially in areas where schools significantly impact home values. Within a similar competitive market area (if no sales are available in the subject’s neighborhood or subdivision): ie, an area with similar quality, style, and price range of homes.

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Agents Appraisal Reconsideration of Value Real Estate Agent 58

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. Updated homes tend to sell faster in Chicago, notes Westhoff. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. Understand Chicago home values.

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Real Estate Agent Architecture Modernization Buyers 78

Chicagoland Appraisal Blog

JANUARY 21, 2020

Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

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Appraisal Real Estate Home Value Real Estate Agent 78

Listing Spark

JANUARY 5, 2025

In Texas, there are a few things you need to know about selling your home as-is. In this blog post, well go over the pros and cons of selling as-is in Texas. Well also provide you with some tips to help you sell your home as-is. Well discuss these throughout this blog post.

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Inspection Sellers Real Estate Agent Contracts 36

Appraisal Partners Blog

FEBRUARY 9, 2025

Factors That Influence Home Value Location: “Location, location, location” is a real estate mantra for a reason. Proximity to schools, amenities, employment centers, and the overall desirability of the neighborhood significantly impact value. Supporting documentation, such as photographs and maps.

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Appraisal Property Taxes Inspection Sellers 78

Birmingham Appraisal

JULY 7, 2022

These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. You may also want to think about how much money you invest in updates and renovations because they may add less contributory value than you think. If so leave a message below and as always thanks for reading.

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Appraisal Marketing Contracts Buyers 70

Appraisal Partners Blog

FEBRUARY 4, 2020

Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

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Appraisal Real Estate Home Value Real Estate Agent 60

Raleigh Realty

DECEMBER 23, 2021

Glassdoor ranked the city of Raleigh, NC as the 1 Best City for Jobs in 2015 The Raleigh airport, also known as Raleigh Durham International Airport (RDU) has seen some major renovations in recent years as well as new airlines bringing new flight paths in and out of the Raleigh area.

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Real Estate Agent Realtors Real Estate Agents 148

Appraisal Today

JUNE 28, 2024

This finding indicates that we cannot reject the role historic discrimination has played in the evaluation of home values. NOTE: Please scroll down to read the other topics in this long blog post on Mortgage appraisal reviews, AI and ChatGPT, freddie and fannie mortgage forecast, unusual homes, mortgage origination stats, etc == $2.8M

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Valuation Appraisal Real Estate Real Estate Agent 64

Cornerstone

AUGUST 17, 2021

More than 38 percent of homes that are owner-occupied are owned outright, the U.S. Each time home values increase, homeowners receive a dollar-for-dollar equity gain. Home Equity Report shows: “34.4 appeared first on Cornerstone Blog. Census confirms; these homeowners no longer have a mortgage.*

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Mortgage Renovations Loan Officers Home Value 46

Quicken Loans

APRIL 7, 2021

Today, we would like to spotlight another factor causing issues in the housing market and possibly even delaying construction of homes in some areas. There’s a real shortage of the necessary materials for constructing and renovating homes at this point. Rocket Companies’ Home Value Index. All rights reserved.

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Real Estate Marketing Real Estate Agent Construction 43

Movoto

APRIL 30, 2024

With that said, you will need to sacrifice time and money to market the home, show it to interested parties, and complete the various administrative functions necessary to finalize a sale successfully. You’ll likely need to perform regular upkeep when still living in the house, which also helps ensure that repairs and renovations go smoothly.

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Real Estate Real Estate Agent Buyers Realtors 36

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ Risk to Home Values.

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Insurance Appraisal Contracts Mortgage 88

AmeriMac

MARCH 29, 2024

One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan. A well-maintained and visually appealing home can positively impact the appraisal value. Enhancing curb appeal through landscaping can also add value.

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Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

PennyMac

JANUARY 16, 2022

That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). Buying a vacation home? The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels.

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Investing Property Taxes Real Estate Renovations 36

Will Springer Realtor

AUGUST 11, 2023

Click to expand any image or graphic from my newsletters and blog posts.) Housing shortages have helped keep home prices and rents high across the country. Using home valuations and area median household income data, the report notes the average time required across the U.S. years in Portland metro. In case you missed it….

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Buyers Development Construction New Listings 36

D Fritz Appraisals

MARCH 13, 2025

If youre buying a home, an appraisal provides an unbiased estimate of the propertys value to ensure you pay a reasonable price. If youre renovating and refinancing, lenders require an appraisal to assess the current value of your home and its potential value post-renovation.

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Appraisal Renovations Inspection Market Value 78