Appraisal Buzz

MAY 6, 2024

Couple that with the new Florida regulation requiring HOAs to maintain reserve funds for future expenses related to maintenance and inspections, and it’s no surprise that HOA dues are soaring. And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket.

HOA 370

HOA Insurance Legal Fees Valuation 370

Housing Wire

JULY 1, 2021

The kitchen is also one of the areas that is commonly in need of modernization, from outdated appliances to antiquated cabinet styles. Anything the seller can do to minimize the work buyers need to put into the home can help add to its value. It’s not always what you can add to a home that’s most important.

Renovations 448

Renovations Valuation Appraisal Investing 448

Housing Wire

MAY 31, 2021

A simple mistake could drastically slow down the process and frustrate lenders, home buyers and sellers. Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery.

Inspection 201

Inspection Valuation Real Estate Real Estate Agent 201

Cleveland Appraisal Blog

DECEMBER 24, 2022

The kitchen is a focal point for just about every homeowner and prospective buyer. Before a roof renovation begins, a contractor will inspect the attic, gutter, and various other aspects of the home structure to make sure it is safe to proceed. Read on for some pointers from Cleveland Appraisal Blog. Kitchen Remodel.

Renovations 303

Renovations Appraisal Home Improvement Buyers 303

McKissock

MAY 18, 2022

A $1 million house might be architecturally beautiful and include modern home features, but an unkempt yard could still ruin its chances on the market. A few hours spent mowing the lawn, edging, and ripping out weeds could make a significant difference in how many potential buyers contact the owners. Driveways Tell a Story.

Buyers 92

Buyers Decorating Real Estate Agent Inspection 92

D Fritz Appraisals

AUGUST 11, 2022

Due to demand for homes being highe r than supply, buyer preferences and buying methods have had to change and more people are resorting to buying real estate online or sight unseen. This sometimes generates bidding wars and buyers need to move as quickly as possible, otherwise, they could miss out.

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Real Estate Agent Inspection Real Estate Sellers 125

Appraisal Buzz

SEPTEMBER 24, 2024

Property preservation remains a critical tool in helping prevent blight and ensuring that properties are returned to the market for future home buyers. This panel explored ideas about modernizing the practices and processes involved in inspections, hazard claims and disaster response, and rural and urban necessities.

Client Relationships 221

Client Relationships Development Investors Clients 221

Cleveland Appraisal Blog

FEBRUARY 17, 2021

Especially if the repairs are on the interior since assessor’s usually do not make interior inspections. I explained why a full interior inspection is better. But they insisted on not having an interior inspection made. Modernization Part VIII: Of Coarse? The assessor may not be aware of these repairs.

Appraisal 217

Appraisal Clients Inspection Market Value 217

Clear Capital

OCTOBER 1, 2024

EPISODE SUMMARY Lyle Radke , Principal of Collateral Policy at Fannie Mae , joins ClearCast to discuss Fannie Mae’s inspection-based appraisal waiver program, Value Acceptance + Property Data.

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Modernization Inspection Appraisal Buyers 68

Appraisal Buzz

JUNE 3, 2024

Many of them are buyers, but they are underwriting deals based on the new interest rate and pricing reality in the market. Thorough due diligence, including property inspections and assessments, and adequate cash reserves are crucial to identify and address potential concerns. Well-located assets will typically always have buyers.

Investors 195

Investors Marketing Renovations Real Estate 195

Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

Appraisal 68

Appraisal Inspection Real Estate Agent Training 68

Lamacchia Realty

OCTOBER 6, 2021

Many home buyers ask us what their options are if they want to buy a house with knob and tube wiring. If home buyers can’t take it out, or are unable to do it within a certain time frame, or if it is active, they can still get insurance through the Massachusetts Property Insurance Underwriting Association (MPIUA).

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Insurance Inspection Buyers Modernization 74

GoForrmz

DECEMBER 13, 2022

G2 continues to be the world’s dominating peer-to-peer review platform which buyers, investors, analysts, and business professionals utilize to compare and select the best software solutions based on customer feedback.

Business 29

Business Modernization Inspection Legal 29

Listing Spark

MARCH 18, 2024

In modern practices, there are plenty of online tools homeowners can use to navigate the market, negotiate deals, and successfully sell their homes without hiring a real estate agent. 6 Tools That Make Modern FSBOs Easier to Manage The internet is full of useful tools and services that are designed to support FSBO sales.

Modernization 36

Modernization Tools Open Houses Real Estate 36

Lamacchia Realty

JANUARY 31, 2025

Inspecting the Propertys Location The location of the property plays a crucial role in assessing hurricane risk. Inspect these aspects and plan for necessary changes to improve the propertys resilience. Reviewing Weather Alert Systems Modern technology provides excellent tools to monitor and prepare for hurricanes.

Insurance 43

Insurance Inspection Construction Transportation 43

Appraisal Today

NOVEMBER 1, 2024

Conversely, in high-end homes, buyers expect the latest designs, features and finishes; and therefore, an outdated kitchen may be considered as functional obsolescence. However, this does not necessarily rise to the level of functional obsolescence that must be remedied.

Appraisal 83

Appraisal Training Contracts Mortgage 83

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

Appraisal 70

Appraisal Inspection Modernization Business 70

Listing Spark

APRIL 17, 2024

Consider the following three ways that modern house-flipping software can help both beginner and experienced flippers. Even adding instant messaging tools can help you quickly reach out to your preferred specialists and get inspections or services scheduled immediately. You can also bookmark contractors you’ve used before.

Modernization 36

Modernization Tools Real Estate Real Estate Agent 36

Realtor

MAY 15, 2023

The appraisal also protects you as a buyer. “For a hybrid appraisal, the inspection, sketch, and photos are completed by a third party,” says Matthew Love , a HUD/FHA-approved Certified Residential Appraiser at Real Estate Bees. Deciding between a hybrid and traditional appraisal lies with the lender, not the buyer.

Appraisal 104

Appraisal Real Estate Appraisal Process Market Value 104

Lamacchia Realty

DECEMBER 11, 2023

From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. Time : Unless you plan to take a lot of time off from work, people simply don’t have enough time to do everything necessary to market the property to prospective buyers.

Realtors 74

Realtors Real Estate Agent Sellers Realty 74

Eppraisal

JULY 16, 2024

Negotiation Tip: Buyers should ask for recent maintenance records and consider negotiating for a new unit or a price reduction if the AC is nearing its life expectancy. Sellers can offer a home warranty that covers the AC unit to provide peace of mind to potential buyers.

Sellers 36

Sellers Buyers Modernization Inspection 36

McKissock

MARCH 6, 2023

Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals.

Modernization 72

Modernization Valuation Appraisal Lending 72

McKissock

MARCH 8, 2022

In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession. Does USPAP require me to complete an inspection? Does USPAP require me to complete an inspection?

Appraisal 88

Appraisal Inspection Real Estate Agent Technology 88

McKissock

MARCH 6, 2023

Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals.

Modernization 67

Modernization Valuation Appraisal Lending 67

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. As a first time home buyer , this might sound very scary so it is important to explain it fully. It can still vaporize and be inhaled through non-lead-based paints.

Buyers 74

Buyers Law Landlords Tenants 74

D Fritz Appraisals

MARCH 7, 2019

This information will help you impress the appraiser as well as prospective buyers. Likewise, a prospective buyer won’t be willing to overpay for your property just because it has a sauna. Enhance Your Curb Appeal – A house that looks well taken care of from the outside can impress appraisers and prospective buyers alike.

Renovations 78

Renovations Appraisal Real Estate Agent Buyers 78

Clear Capital

SEPTEMBER 13, 2023

Well, with the introduction of inspection-based appraisal waivers to the market, you can! This blog post discusses what an inspection-based appraisal waiver is, how these programs benefit underwriters, and how you can easily get started with these programs to streamline and expedite your underwriting.

Appraisal 36

Appraisal Inspection Modernization Valuation 36

The Robert Weiler Company

SEPTEMBER 23, 2021

As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan. Not only that, but you want those transit links to be modern, well funded, and in high use. Otherwise, the proximity to these transit connections would be useless.

Retail 158

Retail Real Estate Business Training 158

Lamacchia Realty

APRIL 22, 2022

Whether you are looking for a condo with a waterfront view, a farmhouse with a huge yard for animals and agriculture, or a modern family home in the suburbs, Florida has you covered! Namely, contemporary-style homes are quite modern. Of course, when buying a home in Florida, any kind of home, be sure to have it inspected just in case.

Architecture 67

Architecture Modernization Inspection Real Estate 67

Lamacchia Realty

JULY 2, 2024

Homeowners should inspect for any signs of damage after storms and keep the roof clear of debris to prevent water damage and algae growth. Regular inspections and prompt repair of cracked or broken tiles can help maintain the roof’s integrity. However, regular maintenance is essential to extend their lifespan.

Renovations 50

Renovations Inspection Transportation Modernization 50

Aedis Appraisals

JUNE 13, 2017

Regardless of whether you happen to be the buyer, owner, or seller of a property, it’s important to understand the significance of appraisals and how they affect the inherent value of the property in question. When selling a property to anyone other than a cash-only buyer. Home Appraisal and Home Inspection Differences.

Property Appraisal 36

Property Appraisal Appraisal Inspection Real Estate 36

Eppraisal

JANUARY 12, 2024

Inspect for loose or damaged shingles or tiles and address any leaks promptly. A visually appealing exterior creates a positive first impression, making your property more attractive to potential buyers. Plumbing Inspection Leaky faucets and pipes not only waste water but can lead to costly repairs.

Home Value 36

Home Value Inspection Modernization Buyers 36

Will Springer Realtor

JULY 20, 2021

There was a time not too long ago when almost all residential real estate transactions required face-to-face customer interaction with a real estate agent/broker and ancillary services such as title, escrow, mortgage and home inspection. Convenience. Efficiency. For instance, John L. Partnering with Priority Home Lending , John L.

Real Estate 36

Real Estate Sellers Contracts Buyers 36

East Coast Appraisal

JUNE 7, 2021

During an appraisal, your home is inspected and photographed to determine the current market value. Even if you are selling the items with the home, they don't typically boost the value, but they may attract more buyers. When looking for areas of your home to improve, consider what is modern and trendy.

Appraisal Process 52

Appraisal Process Appraisal Home Value Modernization 52

Appraisal Today

JANUARY 31, 2025

“Potential buyers might include high-profile individuals like celebrities or CEOs, investors, entertainers or hosts, or luxury lifestyle seekers,” he tells Realtor.com. Other risks include getting injured during an inspection, plus the risks we all have of a serious medical problem, such as cancer. 300 linear ft.

Appraisal 63

Appraisal Contracts Real Estate Insurance 63

Zillow

JULY 25, 2016

The amount of money a buyer puts down (and when it’s put down) varies by state and local market. Once deposited, this money can't be moved or touched without written consent from both buyer and seller. Your contract should include a " contingency " for such an inspection, to protect you from unwittingly buying a money pit.

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Inspection Contracts Sellers Buyers 36

Birmingham Appraisal

AUGUST 30, 2023

Upgrades like modern kitchens, updated bathrooms, and smart home technology can potentially boost your home’s worth. These are locations that a potential buyer would also look at and that would provide a similar alternative. It may be a good idea to look into other “ competitive market areas ” for sales.

Appraisal 87

Appraisal Appraisal Process Renovations Appraisal Tips 87