Housing Wire

JANUARY 19, 2024

Despite a documented preference that older Americans have to age in place, the current housing inventory is inadequate to support the needs of an aging population. Renovations may provide some solutions, but it is also a solution with limits according to Rodney Harrell, VP for family, home and community at AARP. “We

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Inventory Renovations Construction Marketing 482

Housing Wire

JULY 31, 2023

The Credit Union National Association (CUNA) late last week released two comment letters expressing the association’s agreement with proposed rules on bolstering borrower protections for Property Assessed Clean Energy ( PACE ) financing for home renovations.

Property Taxes 370

Property Taxes Renovations Finance Lending 370

Housing Wire

APRIL 18, 2023

Given that HELOC organizations are more streamlined than closed-end lending, there is greater importance for the adoption of electronic closing documents, MISMO said last week, calling for participants to join a new development workgroup (DWG).

Lending 368

Lending Renovations Real Estate Finance 368

Housing Wire

JULY 10, 2024

But when the apartment’s landlord declared that all units in the building would be renovated and force all current tenants out, the clock began ticking for a solution. Handbook, part of a wide-ranging reverse mortgage revision to that document earlier this year.

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Tenants Mortgage Construction Landlords 476

Housing Wire

JANUARY 20, 2021

It’s no revelation that we all work in an antiquated system, but the coronavirus has brought into focus just how dependent the industry is on paper documents, the postal service and person-to-person contact. Finally, we need to renovate our existing housing stock. Incentivize entrepreneurs.

Renovations 459

Renovations Law Development Real Estate 459

Housing Wire

NOVEMBER 30, 2023

There are two versions: the standard, which includes structural repairs and requires an approved consultant, and the limited version, which is focused on minor renovation and repair and does not require a consultant.

Architecture 476

Architecture Renovations Inspection Finance 476

Housing Wire

JULY 23, 2021

Borrowers can qualify with their most recent personal or business account bank statements rather than going through an agency underwrite that requires more documentation. Fix n’ flip loans are ideal for investors and developers looking to purchase a home and renovate it.

Housing Market 459

Housing Market Marketing Inventory Lending 459

Housing Wire

FEBRUARY 16, 2022

Examine previous transactions with a lender, such as funding renovations on investment property, to better understand the lender’s experience with diverse real estate projects. If your state requires a lending license, make sure a the lender is licensed.

Real Estate 397

Real Estate Investing Investors Renovations 397

Housing Wire

MAY 12, 2021

Block Renovations is a great example of a company using technology to make a multi-step process more efficient for contractors and more satisfying for customers. The bottom line in both cases was how much 3D printing and automation saved on labor costs, which can account for nearly half of a typical project’s total budget.

Construction 482

Construction Logistics Technology Real Estate 482

Housing Wire

APRIL 14, 2022

Attorney opinions do not insure against undisclosed title claims, nor cover a situation where the attorney was not negligent but the county indexed the document improperly and hence it was missed and not excepted from coverage, among other reasons.

Insurance 418

Insurance Renovations Real Estate Law 418

Housing Wire

FEBRUARY 28, 2024

This is because they don’t require employment or income documentation and close quickly. The answer is a separate mortgage or second lien that allows them to tap into their home equity for home renovations or debt consolidation. Real estate investors build their portfolios regardless of market conditions. trillion.

Mortgage 459

Mortgage Investors Real Estate Business 459

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.

Lending 370

Lending Housing Market Technology Business 370

Birmingham Appraisal

DECEMBER 17, 2024

We discussed numerous topics including the key differences between appraisals and comparative market analyses (CMAs), what factors influence property value, and how renovations can impact your home’s worth, among other things. Include both minor updates and major renovations to ensure the appraiser accounts for all improvements.

Appraisal 76

Appraisal Easement Real Estate Agent Valuation 76

Housing Wire

SEPTEMBER 19, 2023

Inspecting the interior of the home is a priority in an accurate appraisal, as doing so verifies any renovations completed within the home. The appraiser makes a report Appraisers compile their data from the visual inspection and the comps into a formal document. The outside of a home tells the tale of maintenance or neglect.

Real Estate 476

Real Estate Appraisal Agents Inspection 476

Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

Real Estate Agent 369

Real Estate Agent Real Estate Agents Loan Officers 369

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.

Renovations 78

Renovations Inspection Tools Insurance 78

Housing Wire

JULY 10, 2024

We’ll walk you through the steps to creating an impressive, concise, and attractive listing presentation document, which you can present in hard copy or digital format. What renovations or updates have you made that you believe could add value to your home? Conversely, some repairs, renovations or updates may not be worthwhile.

Sellers 435

Sellers Real Estate Agents Clients 435

Housing Wire

JANUARY 31, 2023

I can plug them in with asset income documentation, Morgan figures it out, underwrites it, and provides an approval for me so I can work on some of the complex ones,” Miller said. However, had said he kept his ears open for an opportunity to move over to Mann Mortgage, which closed construction and renovation loans in-house.

Mortgage 418

Mortgage Loan Officers Retail Finance 418

GoForrmz

DECEMBER 5, 2024

AR takes this a step further by enabling clients to visualize renovations or furniture placement within a property. Digital Forms: Streamlining Documentation Managing real estate transactions involves a significant amount of paperwork, from rental agreements to inspection forms and purchase contracts.

Real Estate 78

Real Estate Property Management Tools Clients 78

Housing Wire

OCTOBER 23, 2024

Are there any improvements or renovations you’ve done to the home?” Listing documents – if they did not sign hard copies at the listing appointment. Tell me about your situation and goals in selling your home.” When would you ideally like to be moved out and closed?” “Are Will there be anyone else involved in the sale?”

Agents 435

Agents Real Estate Sellers Real Estate Agent 435

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. This gives your clients an option to review or scan the document and prepare questions if needed. They are more appropriate for an appraisal.

Marketing 435

Marketing Real Estate Agent Clients Tools 435

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

Appraisal Partners Blog

MARCH 12, 2025

Supporting documentation. Buyer Makes Repairs (with 203(k) Loan): In some cases, the buyer can finance the repairs through an FHA 203(k) loan, which allows borrowers to roll the cost of renovations into their mortgage. Report Generation: The appraiser prepares a detailed report that includes: The appraised value.

Appraisal 78

Appraisal Inspection Market Value Sellers 78

Housing Wire

JULY 29, 2024

Loan Buddy Single-family origination Focused on helping limited English proficiency (LEP) buyers with the mortgage process, Loan Buddy would convert documents, explain terms, offer overviews and answer question in the user’s chosen language. Awarded most promising use of gen AI for risk and compliance.

Tools 360

Tools Training Tenants Property Management 360

Cleveland Appraisal Blog

JUNE 18, 2022

Knowing what these additional components are is critical in making sure that the appraisal and ultimate value conclusion is appropriately documented, competent, non-speculative, and (most importantly) admissible to establish value and the just compensation to be paid.

Appraisal 312

Appraisal Law Development Valuation 312

Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Progress in Revision Rates.

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

Simonson Real Estate

JULY 10, 2020

Site and Building Details Title work Environmental Information Purchase Agreement Income Information Arm’s length vs. related party leases Historical Income & Expense Statements – Verify the owner’s consolidated statements match up with tax returns Signed lease documents, detailed rent roll, etc. Value Scenarios.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

The Robert Weiler Company

MARCH 9, 2021

Determining rental rates and document prep: Here, too, this can be a time-consuming task. While in-house property managers can download generic documents for free, investors or owners must include the specific properties’ details. The process begins with one of the most advanced, user-friendly software systems, AppFolio.

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Property Management Tenants Property Taxes Business 148

Cleveland Appraisal Blog

NOVEMBER 3, 2022

People may want to hire someone to take photos of personal property items that they would like to document that they possess for insurance purposes. What about measuring a home or creating a floor plan? I do generate a little extra business from offering home measurement and floor plan services.

Business 394

Business Appraisal Real Estate Agent Lending 394

D Fritz Appraisals

MARCH 16, 2021

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. HOA documents – if you live in an HOA neighbourhood, the appraiser will need to see the costs, regular maintenance schedule, history of fee increases, etc.

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Appraisal HOA Easement Valuation 132

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. Subpoenas for a large number of appraisal documents – what to do. Worth reading.

Appraisal 91

Appraisal Training Contracts Mortgage 91

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.

Renovations 36

Renovations Supply Chain Inspection Modernization 36

GoForrmz

FEBRUARY 12, 2024

This encompasses initial advisory and consulting stages to post-occupancy, along with ongoing facilities maintenance and renovations. Challenge SpawGlass needed a digital form solution that could seamlessly integrate with Procore, to eliminate their reliance on traditional pen and paper documentation when completing safety procedures.

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Renovations Construction 78

Housing Wire

APRIL 25, 2024

Whether you want to help your buyers visualize what an empty listing might look like furnished, help them find local contractors, or get them excited about renovating a fixer-upper, Houzz can help. You can also invite contractors, lenders, and even clients into group chats to keep them in the loop.

Real Estate 467

Real Estate Agents Open Houses Tools 467

Realvals

JUNE 18, 2023

An appraisal will help establish this value and ensure you receive proper documentation for your tax records. Tax appeal boards are more likely to consider a well-documented, professionally prepared appraisal in a timely manner. This will also provide the necessary documentation in case tax authorities ask for supporting evidence.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Appraisal Hub

MAY 5, 2024

By providing pertinent information about the property upfront, such as recent renovations or unique features, agents can help appraisers gain a comprehensive understanding of the home’s value. Additionally, being accessible to answer any questions or provide additional documentation can greatly expedite the appraisal process.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Appraisal Process 78

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Signed lease documents, detailed rent roll, etc.

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Appraisal Process Real Estate Appraisal Renovations 78