Remove Contracts Remove Home Improvement Remove Renovations
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Home equity is the bright gem of the housing market

Housing Wire

Closed fixed-rate second-lien [home-equity] loans have been up the least in terms of volume, Toohig said, with HELOCs leading the charge — along with unsecured personal loans used for home improvement. (A Unlike fixed-rate, lump-sum second-lien home-equity loans — HELOCs normally carry variable interest rates.

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Costly Home Renovation Mistakes to Avoid

Empire Appraisal Group

By Spiderstock/Getty Images Source: [link] Costly Home Renovation Mistakes to Avoid By Courtney Klosterman While rewarding, home renovations can be time consuming, costly and frustrating. NEW YORK – Turning a house into a home can feel incredibly rewarding. Take steps to ensure the project is executed correctly.

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How to Set a Home Renovation Budget

Zillow

The easy part is knowing your goal for home remodeling - whether you’re trying to keep up with your growing family, add office space, modernize dated features or generally increase your home’s value. Here are five key steps in planning your home remodeling project. Refinancing. Cash-out refinance.

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A must-read for homeowners: Do you have to renovate before you sell?

Cornerstone

If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. Keep 2 things in mind if you’re planning to sell this season.

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Home Improvements to Include on Your Real Estate Listing

Eppraisal

Home improvements matter in real estate listings because they enhance your property’s value and attractiveness. Making strategic upgrades is essential because it helps your home stand out, making it more appealing to potential buyers.  These  Homes with strategic improvements tend to sell more quickly.

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Don’t Fall for These Real Estate Appraisal Myths

Birmingham Appraisal

The bottom line is that while a Zillow Zestimate or any other AVM model may give you a 20,000-foot view of the general price range of a property, an appraisal performed by a live person provides a more focused and accurate estimate of the home’s value that can be used to make an informed loan or purchase decision.

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Tools To Support Appraisal Adjustments

Appraisal Today

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 It’s important to understand the difference between updates and renovations.

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