Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

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Renovations Investing Real Estate Marketing 292

Housing Wire

OCTOBER 10, 2023

However, it may be helpful to add short descriptions like “renovated” or “XL terrace” to show unique features of the properties you’ve included in a “Notes” section at the end of your CMA report. Select active listings comps Choose active listings near to the subject property. They are more appropriate for an appraisal.

Marketing 406

Marketing Real Estate Agent Clients Tools 406

Appraisal Buzz

JUNE 3, 2024

Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. Thorough due diligence, including property inspections and assessments, and adequate cash reserves are crucial to identify and address potential concerns.

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Investors Marketing Renovations Real Estate 195

DW Slater Company

FEBRUARY 24, 2022

Some of the current new tools and technology that I am aware of that assist with Desktops and Hybrids are: RemoteVal- This tool is a free app from Incenter that allows the appraiser and homeowner to inspect, view, measure, and take pictures of a property remotely. InsideMaps – A tool that provides mapping, sketches, and tours of homes.

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Inspection Tools Appraisal Technology 154

Chicagoland Appraisal Blog

MAY 13, 2021

And that means you can actually impact your home’s value by making renovations that are likely to increase its marketability and value in the real estate market. . To begin the process of having your home appraised, you’ll need to select an appraiser and schedule their inspection. Year of construction. Condition of landscape.

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Appraisal Renovations Home Value Real Estate 88

Appraisal Partners Blog

JANUARY 20, 2025

Unlike a home inspection, which assesses the physical condition of a property, an appraisal focuses solely on determining its fair market worth. Its important to note that the appraiser’s schedule and the availability of the property owner will influence the timing of this inspection. They will be aware of any deficiencies.

Appraisal 78

Appraisal Inspection Valuation Appraisal Process 78

McKissock

JANUARY 31, 2023

” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “When to use new construction or remodeled construction as a comparable.” Educate yourselves on construction details and styles of homes. Exaggerating isn’t cool.

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Movoto

JANUARY 27, 2022

A gut renovation is a great way to get exactly what you want when you buy a home. Here are some curveballs to expect when you do a gut renovation. . With a realistic budget, preparation, and a lot of patience, a gut renovation will be worth it when you get your custom home designed specifically for you. Inspections.

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Renovations Inspection Construction Logistics 36

Eppraisal

OCTOBER 20, 2023

Are you planning a home renovation to increase your property's value or preparing to sell your home in the future? Home renovations can be exciting and rewarding but can also come with their fair share of challenges. Plumbing Issues Plumbing issues can be a major headache during a renovation.

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Renovations Supply Chain Inspection Modernization 36

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. In most cases, the process of obtaining the GLA requires appraisers to inspect and measure a subject property.

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Inspection Law Real Estate Agent Appraisal 78

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. In most cases, the process of obtaining the GLA requires appraisers to inspect and measure a subject property.

Inspection 78

Inspection Law Real Estate Agent Appraisal 78

DW Slater Company

FEBRUARY 24, 2022

Some of the current new tools and technology that I am aware of that assist with Desktops and Hybrids are: RemoteVal- This tool is a free app from Incenter that allows the appraiser and homeowner to inspect, view, measure, and take pictures of a property remotely. InsideMaps – A tool that provides mapping, sketches, and tours of homes.

Inspection 78

Inspection Tools Appraisal Technology 78

Assurance Financial

SEPTEMBER 28, 2021

Buying new construction is slightly different from buying an existing home in another way. The rules for loans and financing for new home construction aren’t exactly the same as they are for buying homes that already stand. FAQs About Home Construction Loans. Curious about the process of getting a construction loan?

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Construction Finance Insurance Government 36

Clear Capital

MARCH 4, 2022

A desktop appraisal , also known as an appraisal without an onsite inspection, is a faster way to complete an appraisal for a home loan. In traditional appraisals, an appraiser visits the property to complete an inspection to collect property data to assist in determining the home’s value. What is a desktop appraisal?

Valuation 66

Valuation Appraisal Inspection Appraisal Process 66

The Robert Weiler Company

MAY 18, 2022

All expenses associated with the commercial property should be included, such as repairs and renovations, commercial real estate loans and interest rates, and costs associated with selling commercial real estate (e.g., Any construction, upkeep or upgrades, and structural enhancements should have receipts and before and after photos.

Real Estate 148

Real Estate Tenants Retail Investing 148

Boston Appraisal

DECEMBER 11, 2023

You should also disclose any special circumstances or contingencies that may affect the value of the property, such as repairs, renovations, easements, or encroachments. You should also be aware of any additional charges or expenses that may arise during the appraisal process, such as travel, inspection, research, or review fees.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

Realvals

JUNE 18, 2023

Renovating a Home If you are planning to renovate your home, getting an appraisal beforehand is a smart move. An appraisal will show you the current value of your property, but can even show you the value once completing the renovation, if requested. While not completely necessary, it can help you in a one valuable way.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

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. Consider Relocation When Renovation Relocating to a new home might be necessary, especially when dealing with the intricacies of a major renovation of your home.

Renovations 38

Renovations Inspection Transportation Modernization 38

Raleigh Realty

MARCH 29, 2021

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. During due diligence, you'll need to hire someone to do a property inspection and appraisal. You'll need to do some renovations. These homes aren't exactly new construction, but they are a steal.

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Government Real Estate Agent Insurance Property Taxes 148

PennyMac

JANUARY 2, 2024

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely. It depends.

Home Improvement 36

Home Improvement Renovations Inspection Investing 36

Eppraisal

FEBRUARY 20, 2024

Their solid construction and intricate wooden accents showcase the commitment of the initial builders.  Consider consulting professionals like contractors or structural engineers to assess your home's foundation and frame before undertaking significant renovations or additions.

Architecture 36

Architecture Inspection Renovations Modernization 36

Houston Properties

MAY 6, 2020

Sell My Houston House: Top 20 Home Renovations That Raise The Value Of Your Home. Getting your Houston home ready to look impactful for listing photos requires different levels of home improvement and renovation , depending on the state of your property. Tips For Selling Your Home Fast: Top 10 Home Staging Ideas To Increase Home Value.

Renovations 66

Renovations Realtors Sellers Valuation 66

Appraisal Today

NOVEMBER 1, 2024

A homeowner may have invested heavily in a kitchen renovation, but it is the appraiser’s responsibility to carefully consider factors such as conformity, local market preferences, and house style and price range when valuing the subject property. To read more, Click Here My comments: This is the best analysis I have read on kitchens.

Appraisal 82

Appraisal Training Contracts Mortgage 82

PennyMac

OCTOBER 10, 2023

Home improvements and renovations. This can include anything from the central air system you installed 10 years ago to the kitchen flooring and countertops you just renovated (along with the new oven and fridge to match, of course). An appraiser will also evaluate your home's foundation and its condition.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Will Springer Realtor

JULY 9, 2021

The Seattle Asian Art Museum underwent a 3-year major renovation and had only been opened a few short weeks in 2020 when it was shut by the pandemic. 3 I had the good fortune to hear Andrea Bocelli in person at the old KeyArena just before it closed for its massive renovation. Learn more about pod seating and other attendance rules.

Renovations 36

Renovations Inspection Buyers Construction 36

Property Metrics

AUGUST 13, 2020

Construction Risk. Any time a property undergoes construction, there is an additional source of risk to the property owner. Construction risk applies whether there is a new development or a significant renovation. This unexpected change in demand conditions is space market risk and uniquely impacts real estate assets.

Real Estate 53

Real Estate Tenants Investing Construction 53

Zillow

SEPTEMBER 24, 2016

Potential seller disclosures range from knowledge of leaky windows to work done without the benefit of a permit, to information about a major construction or development project nearby. Previous improvements, renovations or upgrades done by sellers are typical disclosures, as well as whether work was done with or without permits.

Real Estate 36

Real Estate Inspection Sellers Buyers 36

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. Since wood is one of the primary materials in home construction, certifications for companies at the source can be important to our sustainability mission and the wishes of consumers.

Land Management 36

Land Management Construction Development Design 36

Patch of Land

JANUARY 22, 2020

Jason Lambert, NARI: Pay attention to building codes and best practices even if you’re not pulling a permit or having the project inspected. Renewal Construction: Where there is a bathroom there is water and if that water makes its way below tile flooring and showers, it can cause a lot of damage (and cost a lot of extra money)!

Construction 39

Construction Design Training Renovations 39

Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Remember, we rarely get to inspect comparables.

Easement 52

Easement Contracts Appraisal Inspection 52

The Robert Weiler Company

OCTOBER 21, 2022

In general, the full cycle of the commercial real estate appraisal process can take several days to weeks, when you factor in the inspection and subsequent investigative work. Cost approach : Essentially, this technique equates the property value to the cost of constructing a replica. Recent comparable sales. Current market trends.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

JULY 19, 2024

What’s in This Newsletter (in Order) Confirming Construction Progress The New UAD: “Don’t Borrow Trouble.” The legendary property is owned by energy trader Michael Whalen, who gave the place a massive renovation after buying it in 2010 for $2.1 During the home inspection, several issues were flagged.

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Appraisal Insurance Contracts Business 78

Houston Properties

JULY 20, 2022

The neighborhood features renovated vintage and recently constructed homes. Recent constructions have added luxurious two- and three-story homes with the Mediterranean, French, Spanish, and traditional architecture. Newly constructed homes typically go from $1M to $3M. The Best Houston Realtor to Sell Your Home.

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Real Estate Agent Real Estate Realtors Agents 36

Houston Properties

JULY 20, 2022

Camp Logan is a beautiful neighborhood filled with mostly newer construction single-family homes and townhomes. Most homes in the neighborhood are new construction single-family homes, townhomes, and newly renovated properties. Camp Logan homes for sale have a neighborhood value range of $303,000 to $605,000.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Lifestyle Properties of Maine

AUGUST 6, 2019

Some people confuse a real estate appraisal with a home inspection. An inspection an investigation of a home by a licensed inspector. The object of an inspection would be to determine any material defects or necessary repairs that need to be made prior to the closing. An appraisal is seeking value.

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

Housing Wire

JANUARY 19, 2022

The option is not available for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes. Lenders leapt at the opportunity to conduct appraisals remotely, especially in the northeastern part of the country.

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Appraisal Inspection Appraisal Process Property Taxes 448

Houston Properties

JULY 21, 2022

Located within the Inner Loop area, Avalon Place is a deed-restricted neighborhood with a collection of newly renovated properties and new construction single-family homes and townhomes. Most of the Avalon Place real estate for sale are newly renovated properties and new construction single-family homes.

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Real Estate Agent Real Estate Realtors Agents 36