Housing Wire

FEBRUARY 8, 2022

In a December 2020 request for information, FHFA highlighted potential benefits of desktop appraisals, including assisting training of new appraiser trainees, and alleviating appraiser shortages in rural and high-volume areas. It also pointed out potential pitfalls of a non-traditional approach.

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Appraisal Appraisal Process Valuation Renovations 370

Housing Wire

FEBRUARY 8, 2024

With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Clients 435

Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

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Renovations Supply Chain Construction Home Improvement 69

Appraisal Buzz

SEPTEMBER 20, 2024

Tanya holds several industry certifications, including the FHA Basics and Beyond Seminar Training from the U.S. Department of Housing and the VA Guaranteed Home Loans Training Certificate from the Department of Veterans Affairs-Houston Regional Loan Center.

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Training Development Clients Renovations 221

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. Early 2025 Appraiser training starts. Worth reading. What is popular changes over time.

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Appraisal Training Contracts Mortgage 86

Appraisal Partners Blog

JANUARY 20, 2025

Interior: Inside, the appraiser will pay close attention to the size and layout of rooms, the quality and condition of finishes (flooring, walls, ceilings, fixtures), the number of bathrooms and bedrooms, and any upgrades or renovations that have been made. They will be aware of any deficiencies.

Appraisal 78

Appraisal Inspection Valuation Appraisal Process 78

DW Slater Company

FEBRUARY 24, 2022

To be eligible for a desktop appraisal, transactions must meet the following criteria: one-unit property (including those with an ADU and units in a PUD), principal residence, purchase transaction (including new construction), LTV ratio less than or equal to 90%, and DU loan casefile that receives an Approve/Eligible recommendation.

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Inspection Tools Appraisal Technology 154

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. Outdated plumbing.

Renovations 36

Renovations Inspection Construction Logistics 36

Lamacchia Realty

FEBRUARY 12, 2025

During the pandemic, he and his parents channeled their love for construction into launching SLK Properties LLC, a home renovation and property maintenance company, where he remains a co-owner. In addition, the trainings and marketing that Lamacchia Realty offers are second to none.

Realty 66

Realty Renovations Realtors Agents 66

DW Slater Company

FEBRUARY 24, 2022

To be eligible for a desktop appraisal, transactions must meet the following criteria: one-unit property (including those with an ADU and units in a PUD), principal residence, purchase transaction (including new construction), LTV ratio less than or equal to 90%, and DU loan casefile that receives an Approve/Eligible recommendation.

Inspection 78

Inspection Tools Appraisal Technology 78

Dart Appraisal

APRIL 30, 2021

Planned renovations? Proposed construction, and if so, is a Prospective Value scenario appropriate? . It is essential to utilize qualified and trained individuals for all valuations. What is interest in the property to be valued? . Are there existing improvements? Will the appraiser possibly be required to testify in court? .

Contracts 69

Contracts Appraisal Tips Appraisal Clients 69

McKissock

DECEMBER 4, 2020

Gentrification and renovations are rapidly increasing values. ” “I am 64 years old and have a bad back, I enjoy appraising too much to retire and think that doing review work is something I can do while continuing to train the next generation of appraisers.” The added value to your business is priceless.”

Appraisal 66

Appraisal Property Appraisal Valuation Luxury Properties 66

Clear Capital

MARCH 4, 2022

Additionally, if a cash-out refinance is occurring, the loan is for construction or renovation, and for multi-unit properties, condos, co-op, or manufactured homes, you cannot use a desktop appraisal. Keep in mind that these new appraisals are currently not an option for a second home or investment property loan.

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

Appraisal Today

APRIL 5, 2024

More significantly, loanDepot.com agreed to an extensive revamping of: (a) its reconsideration of value practices; (b) fair housing/non-discrimination training requirements; (c) statistical tracking of appraisal outcomes; and (d) training and contractual requirements for AMCs and appraisers. built in 1825 Excerpts: 8 bedrooms, 5.5+

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Appraisal Contracts Business Construction 81

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. Therefore, you should research an AMC’s reputation, experience, and performance when working with them.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. Home improvements and renovations. Check out expert tips for outdoor home renovations — you may find just the right improvement to increase your value! What Is a Home Appraisal and Why Is It Important?

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Property Metrics

MAY 28, 2021

” If there is curable functional obsolescence, it means that the property could be renovated or upgraded in a cost efficient manner to bring the property up to modern standards. If it exists, it is up to the property owner/investor to assess the cost of repair/renovation versus the benefits that they will receive from it.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

Appraisal Today

FEBRUARY 16, 2024

In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. the price of the Naples compound was justified not only because of the size, location, and yacht basin, but also because it would be difficult to construct such a property again. Others are not.

Appraisal 84

Appraisal Contracts Training Architecture 84

Patch of Land

JANUARY 22, 2020

There’s a reason why maintenance experts like design/build firms, plumbers, HVAC specialists, and electricians are in such high demand — what they do requires an incredibly specialized skillset that likely taken years of education and training to attain. And at the end of the day, what makes a project complete is ALL in the details!

Construction 39

Construction Design Training Renovations 39

Will Springer Realtor

DECEMBER 6, 2022

Though it went through extensive renovations in 2016, the home still stands today.). The Seattle Post-Intelligencer described the new-home construction “of the mushroom order … here and there and everywhere.”. Yoho was not trained in architecture nor held a degree in design, even though he would be portrayed with such skills.

Architecture 36

Architecture Design Buyers Modernization 36

Housing Wire

FEBRUARY 5, 2025

New developments and construction New developments often prefer to have one real estate agent represent every home in that community. Speak with construction companies working closely with developers to form relationships and get in on the ground floor with these communities. The key to success in this niche?

Real Estate 261

Real Estate Real Estate Agent Architecture Clients 261

Appraisal Today

FEBRUARY 17, 2023

My many years of scientific training, including the scientific method, make me a better appraiser. In my city, a commercial building constructed of shipping containers was proposed for a long-vacant site at the primary access to the city’s historic shopping street. It was not approved, of course.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

AUGUST 11, 2023

Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). The national trend for new construction, however, is generally moving in the opposite direction. In the 1990s, one-third of new homes were smaller than 1800 sq.

Buyers 36

Buyers Development Construction New Listings 36

Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. AI has to be trained on good data. The housing market received positive data on new residential construction – which is seen as a key solution to the lack of housing inventory.” . == Glorious Gilded Age Mansion for $29.9M

Easement 52

Easement Contracts Appraisal Inspection 52

AmeriMac

APRIL 30, 2024

Next, the appraiser will gather relevant information about the property, such as property records, tax assessments, and any available documentation on recent improvements or renovations. This involves considering the construction costs, materials, and labor required to replicate the property’s features and functionality.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Appraisal Buzz

MARCH 26, 2025

Nearly one-third of respondents (31%) said they are looking to build their own homes or purchase a newly constructed home rather than an existing one, indicating that new building is becoming a more alluring choice as many people struggle to find homes within their budget. NAHB commends Reps. To read more, click here.

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Buyers Construction Housing Market Lending 221

Housing Wire

JULY 20, 2022

Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. Homeowners constructing an ADU – whose total build costs run over $150,000, according to the report – use cash out refinances, home equity loans, and renovation loans. .

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Finance Landlords Legal Construction 397

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.

Business 69

Business Renovations Realty Realtors 69

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Renovation loan assessments.

Appraisal 110

Appraisal Inspection Property Taxes Easement 110

Appraisal Buzz

JULY 22, 2024

Department of Housing and Urban Development (HUD) has made $175 million in funding—the first of its kind—available for the purchase, construction, or renovation of permanent supportive housing.

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Development Construction Law Renovations 397

Housing Wire

SEPTEMBER 17, 2024

Kamala Harris has outlined an ambitious vision for housing that would involve the construction of 3 million new homes in four years. A historic rise in home prices and nearly three years of high mortgage rates have put housing issues front and center in the 2024 presidential campaign.

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Construction Renovations Training Housing Market 459