Cleveland Appraisal Blog

AUGUST 25, 2022

You’ve just purchased your first property to renovate. How can you capitalize on your first investment property? Whether your first investment property will be a rental or a flip, your goal is to walk away with more money than you put into it. Let the Renovations Begin! Determine How Much You Can Afford.

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Investing Renovations Landlords Real Estate 332

Empire Appraisal Group

OCTOBER 17, 2024

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. But renovating can be tricky even for homeowners with experience let alone someone without that technical knowledge.

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Renovations Inspection Tools Insurance 78

McKissock

MARCH 20, 2022

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. ® , DIY expert and licensed contractor Beth Allen shares six common kitchen renovation ideas with the biggest investment return.

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Renovations Investing Modernization Real Estate 84

Appraisal Buzz

OCTOBER 31, 2024

Unison also recently announced that global investment firm Carlyle has agreed to purchase up to $300 million of equity sharing home loans from Unison. We designed the Unison Equity Sharing Home Loan to offer a solution that suits their needs. Unison Mortgage Corp. ,

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Mortgage Renovations Design Investing 195

Birmingham Appraisal

MAY 1, 2024

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The best way to look at home renovations is by considering the overall impact they will have on your home. Updates or Renovations?

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Renovations Appraisal Real Estate Agent Construction 87

Housing Wire

SEPTEMBER 13, 2023

Retail giant Amazon announced on Wednesday the launch of a new pilot program designed to assist moderate-income families in three different U.S. Amazon says the investment will “help moderate-income residents in these communities to purchase homes as a path to help build generational wealth.” metropolitan areas.

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Renovations Investing Retail Design 381

Mashvisor

MARCH 3, 2024

Dig deep into some of the best interior design websites of 2024 to boost the appearance of your real estate investment property and make it shine. Table of Contents Current…

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Design Investing Real Estate Renovations 58

Housing Wire

JANUARY 4, 2024

“If you could use your home equity to make your life better — to buy hearing aids, for example — maybe that’s a good investment.” HUD issued $15 million grants in mid-2022 and early 2023 designed to help with health and safety home repairs for low-income seniors. “By . “But what constitutes an emergency?”

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Renovations Investing Finance Design 349

Housing Wire

JUNE 5, 2024

Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

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Government Finance Renovations Insurance 529

Appraisal Buzz

APRIL 11, 2022

Many millennial and Gen-Z first-time buyers look for second homes before investing in a full-time primary residence. They’re buying part-time vacation homes and investment properties to strike the right balance between independence and affordability. Millennials Still Prefer Renovating. More Second Home Purchases.

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Buyers Renovations Supply Chain Housing Market 370

Housing Wire

JUNE 8, 2021

The average home age in the United States is about 40 years old, so there’s a huge stock of homes that need to be renovated.”. Given the rising price of lumber and other construction costs, renovations may sound impractical. A fix’n’flip loan is designed to cover the costs of purchasing a home and renovating it.

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Inventory Renovations Lending Construction 355

Housing Wire

APRIL 1, 2024

Occupancy rates at private-pay senior care facilities are nearing pre-pandemic levels, according to new data from the National Investment Center for Seniors Housing & Care (NIC). “In After a series of high-profile challenges faced by senior living facilities in the wake of the COVID-19 pandemic, U.S. in the 31 largest U.S.

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Renovations Design Investing Technology 335

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. Understanding what other properties are coming online and targeting similar renters in your market is essential for making informed investment decisions.

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Investors Marketing Renovations Real Estate 195

Cleveland Appraisal Blog

DECEMBER 24, 2022

Are you planning on renovating your home? What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. However, you must be aware of your budget and timeline before committing to a kitchen renovation.

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Renovations Appraisal Home Improvement Buyers 303

Housing Wire

JANUARY 26, 2021

Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. You might be making a poor investment of your cash. At the end of the day, a home isn’t just somewhere you live — it’s an investment. Were those recent renovations done up to local code?

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Inspection Real Estate Agent Real Estate Investing 397

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

PennyMac

JULY 21, 2021

Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. We talked to real estate and renovation experts to gather their tips and insights on renovation projects for your home’s exterior living space. Mitchell J.

Renovations 36

Renovations Real Estate Investing Design 36

Housing Wire

JULY 30, 2021

By investing money into your property through renovations and upgrades, you increase the home’s price tag. Not to mention, it can be a cheaper investment for you. . Watch Out For Specific Designs. But in general, it’s a home that could use a few improvements. Because not everyone likes the same thing.

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Renovations Buyers Sellers Investing 505

Raleigh Realty

APRIL 11, 2022

Unlike a major renovation, updating and redesigning a room or home focuses on surface-level changes. If you do not have many windows in your home, then investing in some basic photography lighting equipment would be a good decision. These updates don’t have to break the bank either. But none of these things are flaws.

Design 78

Design Decorating Realty Renovations 78

Housing Wire

OCTOBER 17, 2023

Fix-and-flip investors — who tend to be smaller entrepreneurial players — acquire, renovate and then sell existing single-family homes — and, in some cases, hold them for rent for a time, depending on market conditions. in the second quarter. “… The latest investment return (ROI) for home flips certainly isn’t great, [however].

Investors 391

Investors Inventory Investing Real Estate 391

Housing Wire

NOVEMBER 25, 2020

Following extensive renovations that took nearly a year to complete, the property was resold to an owner-occupant buyer in July 2020. Investing Where the Heart Is. These suburbs, they’ve really been lacking investment the last 10 years. They need people like us to come in and invest with capital and build for the future.”.

Real Estate 545

Real Estate Investors Marketing Buyers 545

Raleigh Realty

APRIL 19, 2022

Just like a garage or a carport, environmental home renovations help to improve home value. For example, you might implement energy-efficient light fixtures when designing a “glam” room, or as the final touch in a guest bedroom. Eco-friendly certifications indicate brands that share your passion for environmentally friendly renovation.

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Renovations Construction Home Improvement Government 78

Housing Wire

JUNE 30, 2021

The first resource is its newly renovated Broker Portal that brings the power of its proprietary H2O origination system together with an elegant interface to highlight next steps, critical tasks and key contacts. Caliber offers a “triple play” of resources to help elevate a broker’s business. David Schroder, EVP, Third Party Originations.

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Lending Renovations Design Tools 397

Eppraisal

AUGUST 18, 2023

Investing in real estate can be an excellent way to build long-term wealth and financial security. The good news is that with careful planning and smart strategies, it is possible to invest in real estate even with limited funds. Be disciplined and set aside a portion of your income specifically for real estate investment.

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Real Estate Investing Investors Finance 66

Housing Wire

JULY 6, 2023

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace.

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Inventory Renovations Real Estate Government 483

Housing Wire

OCTOBER 10, 2023

It’s imperative that agents invest their time to properly prepare comps! 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. Professionally designed templates. Options for every budget.

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Marketing Real Estate Agent Clients Tools 417

Housing Wire

JULY 29, 2024

Designed as a co-bot, Loan Buddy would direct questions to a human on the loan team if it had low confidence in its answer. The app identifies assistance programs that could be used, puts together a proforma and builds a business case for the investment. Conversations with Loan Buddy would be recorded and available to the loan team.

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Tools Tenants Training Property Management 321

Housing Wire

APRIL 27, 2021

The acquisition of Parkside’s wholesale business comes roughly one month after Finance of America’s acquisition of Renovate America’s Benji business , an expansion into the home improvement lending space. Similarly, New Residential Investment Corp.

Finance 369

Finance Lending Retail Renovations 369

Housing Wire

MAY 18, 2022

And I think it’s important for lenders to frame the product that way with borrowers – as a proactive tool designed specifically for older homeowners and one that can help them retire with more financial freedom and peace of mind. CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans.

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Mortgage Clients Insurance Tools 417

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

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Lending Housing Market Technology Business 318

Zillow

MARCH 13, 2018

Even if you’re ready for a kitchen renovation or anxious for a bathroom remodel, figuring out how to plan a home renovation that doesn’t break the bank can be tricky. For example, a kitchen generally accounts for 10 to 15 percent of the property value, so spend no more than this on kitchen renovation costs.

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Renovations Contracts Modernization Investing 50

Eppraisal

NOVEMBER 19, 2024

As sustainability becomes a focal point in home design and renovation, homeowners are increasingly investing in green upgrades. Homeowners can expect to see a return on investment through lower utility bills and increased home value. Look for windows with double or triple glazing and Low-E coatings for maximum efficiency.

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Investing Technology Renovations Modernization 36

Eppraisal

SEPTEMBER 19, 2023

Whether you're looking to update a single room, increase your home value or undertake a whole-house renovation, following a structured approach will help ensure a successful outcome. It's wise to allocate a contingency fund for unforeseen circumstances that may arise during the renovation process.

Renovations 69

Renovations Inspection Design Development 69

Housing Wire

JULY 17, 2023

Real estate agents can utilize VR to create interactive and engaging platforms that allow buyers to navigate properties virtually, gaining a comprehensive understanding of their layout, design and spatial qualities. Enables agents to showcase various interior design styles to cater to the preferences of diverse potential buyers.

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Real Estate Technology Business Real Estate Agent 267

Housing Wire

FEBRUARY 1, 2024

The Brookings Institution summed it up well: “Today, downtown Detroit is nearly unrecognizable from previous decades, with new features such as the QLine streetcar system, a renovated Detroit Tigers ballpark, a riverwalk, and Campus Martius Park. Ultimately, this is a double-edged sword. How can we help Detroit and similar places?

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Real Estate Appraisal Insurance Training 410

Listing Spark

FEBRUARY 27, 2024

Margins are tightening for businesses all throughout the real estate industry, and property investors are also squeezed by rising property, renovation, and service costs. These tightening margins don’t mean that real estate investment is no longer profitable—far from it.

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Investing Tools Real Estate Investors 36

Housing Wire

JUNE 24, 2024

Department of Housing and Urban Development (HUD) on Monday announced $469 million in new funding that will go toward fixing up older homes, renovating existing stock with new safety features and preserving affordable housing. Together, we can create environments where families thrive, free from the dangers of lead exposure.”

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Renovations Investing Government Design 340