Appraisal Buzz

SEPTEMBER 12, 2024

The new updates seek to expedite the home production process by cutting red tape and eliminating the need for manufacturers to obtain alternative construction approvals for materials that already meet or exceed HUD standards—helping build more manufactured homes and boost the nation’s housing inventory.

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Housing Wire

OCTOBER 2, 2024

As localities across the country wrestle with housing shortages, one Massachusetts town will make its case to a panel of judges next week to argue against a plan that requires the construction of more multifamily units, according to reporting by USA Today and state records reviewed by HousingWire. According to 2020 data from the U.S.

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Housing Wire

JANUARY 3, 2024

Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. The HUD program is a loan program that aids organizations in recruiting skilled workers for hard-to-fill or hard-to-recruit positions,” the announcement said.

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Housing Wire

JUNE 1, 2023

The California State Senate passed a bill this week that would permit the construction of affordable housing units on land owned by faith-based institutions and nonprofit colleges, even if local zoning ordinances and laws would normally prevent construction. The bill, introduced last December by Sen.

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Housing Wire

JANUARY 9, 2024

Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

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Housing Wire

NOVEMBER 28, 2023

Residential zoning laws are designed to promote orderly development, control traffic flow, and ensure that noise and activity levels are appropriate to each specific neighborhood. Decades ago, zoning laws were used to legally segregate local communities based on race.

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Housing Wire

FEBRUARY 14, 2025

The program targets new construction and converts existing unpermitted units to meet building codes. Residents will have access to comprehensive assistance with financing, designing, permitting and building new ADUs aka “granny flats.” ” The State’s Density Bonus Law also sat on the five-year chopping block.

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Housing Wire

JULY 7, 2022

Slow construction and restrictive zoning laws. One of the major causes of low inventory has been due to slowed construction. ” In addition to labor and materials, builders have struggled to meet the increasing demand for multifamily units due to restrictive zoning laws.

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Housing Wire

MAY 17, 2023

Senate and House of Representatives have introduced a new bill, the Affordable Housing Credit Improvement Act (AHCIA), which could help spur the construction of two million affordable housing units over the next 10 years. In the House, the bill is designated as H.R. A bipartisan group of legislators from the U.S. Todd Young (R-Ind.),

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Housing Wire

NOVEMBER 3, 2023

That’s why they’ve introduced the homegenius Platform, an integrated solution consisting of advanced technology , data science, machine learning and AI designed to drive value and bring ease to consumers through the home buying and selling journey. The process of finding, buying and owning a home today is disjointed, antiquated and messy.

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Housing Wire

APRIL 21, 2022

A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials. Ideally, an engineer designs a model of what they want on software, from an air duct to a prosthetic limb, and it is precisely printed out.

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Housing Wire

JUNE 2, 2023

million in a designated loan subsidy fund designed to increase access to credit for home mortgage, improvement and refinance loans, as well as home equity loans and lines of credit, in majority-Black and Hispanic neighborhoods within the bank’s lending area. “The

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Appraisal Buzz

JULY 9, 2024

FSA courses are designed to provide new skills, revenue streams, and paths for success. FSA has announced that it is offering a 30% discount on their educational offerings through Friday, July 19. Certifications: When you complete all courses within a program, you will become certified in that subject matter.

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Housing Wire

JULY 6, 2023

Affordable housing Still, given the housing inventory shortage, relying on new-home construction, fix-and-flippers, foreclosures or longer-term high rates alone is not likely to address the problem in full. A recent report by online home marketplace Zillow estimates that the nation needs 4.3 million more housing units to meet existing demand.

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Housing Wire

MARCH 2, 2022

Consider, for instance, the following types of regulation, all of which increase the cost to build: Building height restrictions, designed by local property owners to lock in the status quo. Design standards, which impose costly building requirements and can be incredibly strict in places where beauty is part of the local brand.

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Miller Samuel

MARCH 19, 2019

This proposed NYC "pied-a-terre" tax law has a name that infers it concerns " pied-a-terres " when in fact that property type is but one part of the property types that are impacted. This tax directed is specifically at New York City because it is designated for cities in the state with populations of more than 1 million. Seriously.

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Empire Appraisal Group

DECEMBER 28, 2022

Does Adding an In-Law Suite Pay Off? Source: Does Adding an In-Law Suite Pay Off? NEW YORK – Accessory dwelling units are known by many names: in-law suites, guest houses, backyard cottages, or basement or garage conversions, among others. Florida Realtors. By Liz Weston. Why ADUs are increasingly popular.

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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. Even our climate should benefit. For context, 43K homes were added in the state in 2021.)

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Empire Appraisal Group

FEBRUARY 15, 2024

Real Estate and Design Trends to Watch in 2024 Design & Architecture , Design Trends By: Barbara Ballinger Source: [link] From ecosystem conservation to “new” darker neutrals in exterior paint, we look at the trends set to take hold in the industry this year. Boschetti Jr.,

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Housing Wire

AUGUST 24, 2024

You could also include any specific type of real estate you specialize in, such as new construction, working with first-time buyers or selling waterfront properties. Be sure to comply with your local advertising laws and guidelines. Or would they prefer someone more polished and professional who oozes expertise?

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Boston Appraisal

FEBRUARY 2, 2023

Everything from the number of bedrooms to the quality of the construction. This is because construction rules frequently require at least a 7-foot ceiling height for spaces to be considered usable and livable. A small, independent living area constructed on the same property as a single-family home is referred to as an accessory unit.

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Boston Appraisal

FEBRUARY 2, 2023

Everything from the number of bedrooms to the quality of the construction. This is because construction rules frequently require at least a 7-foot ceiling height for spaces to be considered usable and livable. A small, independent living area constructed on the same property as a single-family home is referred to as an accessory unit.

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Raleigh Realty

FEBRUARY 19, 2022

While there are different laws for different states, Fannie Mae has a general list of requirements on their site. Does a Newly Constructed Home Need an Appraisal? Yes, even a newly constructed home needs an appraisal. Often new constructions don't have developed yards. Often new constructions don't have developed yards.

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Zillow

NOVEMBER 24, 2016

By Barry Bridges The term “mother-in-law apartment” seems straight out of the Don Draper era - a sardonic reference to strained relations between married couples and parents. ADUs are also referred to as mother-in-law suites or guesthouses. The potential benefits of a mother-in-law apartment are clear.

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McKissock

JULY 20, 2021

The licensing laws and regulations for home inspectors do not permit them to develop opinions of property value like appraisers do. Nevertheless, an appraiser is expected to have more knowledge about construction and systems in a dwelling than a layperson would. This, in turn, may help you manage your liability.

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Simonson Real Estate

JULY 22, 2021

A structure can have a functional utility and above average design, but poor workmanship and inferior materials will affect value. Conversely, properties designed or built with materials that exceed market expectations make it difficult to fully recapture the cost.

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The Robert Weiler Company

JULY 6, 2021

Research : Also coined in the industry as “flex,” flex space is utilized for research and development to design new products. They have usually been constructed over 20 years ago and require renovation at this point. Our laws minimize risk and protect investors by providing a fair valuation process and stable investing environment.

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Will Springer Realtor

OCTOBER 11, 2023

Zoning laws in the U.S. Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. The laws also play a role in community planning. The laws can be a double-edged sword.

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Genworth MI Blog

JUNE 27, 2019

Will I be seen as overstepping the law? Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

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Genworth MI Blog

JUNE 27, 2019

Will I be seen as overstepping the law? Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

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Assurance Financial

APRIL 18, 2022

Some reasons to renovate your home include: Update the design: Although some designs have more staying power than others, a home can start to look dated if its finishes and fixtures aren’t refreshed from time to time. Maybe your in-laws are moving in, and you want to create a separate suite for them. Construction Loan.

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Zillow

MAY 4, 2016

Whether you're buying your first home, looking to build one, or trying to make use of some free space, mother-in-law apartments (also known as accessory dwelling units or secondary units) are a great investment - even if you’re not planning to have relatives move in.

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The Robert Weiler Company

MAY 14, 2021

A designated trustee executes the transfer once the grantor has passed. The appraiser will have professional-grade access to historical market statistics, construction data, the cost to build, and comparable sales records. The probate process includes multiple parties and the court of law. Beneficiaries contest the will.

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Empire Appraisal Group

FEBRUARY 9, 2023

In response, some local governments are seeking workarounds to help homeowners avoid wholesale reconstruction, but because the regulations are designed to prevent future flooding damage, federal officials seem unlikely to relax the rules. He said the building industry had asked for a 40% multiplier to mirror the rise in construction costs.

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Realvals

JUNE 18, 2023

Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. As an executor of an estate, your responsibility is to manage and distribute assets according to the deceased’s will or state law. Additionally, having an appraisal helps ensure compliance with tax laws.

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The Robert Weiler Company

NOVEMBER 8, 2021

Zero in on zoning laws: Zoning laws are extremely important when you buy commercial land in Columbus, Ohio. Some areas may be designated “forever wild,” such as New York’s Adirondack Mountains; however, others may strictly limit building heights, population density, and distance from nearby properties.

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Appraisal Today

OCTOBER 13, 2023

Though the hotel never came to be, the lobby, which appears to grow out from within the rocky overlook, was constructed. And in 1992, this daring design was purchased and transformed into a single-family home, which recently hit the market for $25 million. For instance, Portland, Oregon has a similar zoning. Very few have been done.

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