Contracts Definition Renovations 
Housing Wire
MARCH 10, 2023
ATTOM , a real estate data provider, reports, however, that the “severe contraction across the lending industry in the fourth quarter of 2022 even hit HELOCs” in terms of origination volume. HELOCs also are popular because the interest on the loans is tax deductible if the funds are used for approved home renovations.
Appraisal Buzz
JUNE 6, 2022
But the other problem is that it undercuts the contract you’re entering when you agree to perform the appraisal. Oh yeah, we need the effective date to be two years ago,” or “actually, we want it to be appraised as if those renovations were completed, not as is.” That contract or agreement you make when you accept a job is critical.
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Cleveland Appraisal Blog
JUNE 18, 2022
During much of this time, Leslie served as the Colorado member of OCA and wrote the definitive textbook on Eminent Domain Law in Colorado. USPAP and the Contract – Tim Andersen, The Appraiser’s Advocate Podcast. Recession-Proof Your Money Part 2 – It’s a Good Life Podcast with Brian Buffini. Too many appraisers?
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. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.27
McKissock
JANUARY 31, 2023
” “The definition of market value.” ” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical. ” Appraisers are unbiased and must follow guidelines “I wish they understood that we cannot always ethically hit the sale contract price.”
McKissock
OCTOBER 3, 2021
As a wholesaler, you need to find a property for sale, acquire a contract from the seller, identify a buyer, and assign the contract to him or her. So, while wholesaling is absolutely feasible without a license, getting a real estate license for investing will definitely make you more competitive in this strategy.
Appraisal Today
MAY 17, 2024
NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M I’m always looking for something new = What Impact Do Renovations Have on Appraisal Value?
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