Events Market Value Renovations 
Housing Wire
JULY 8, 2024
An historic home in Chicago ’s Austin neighborhood designed by architect Frank Lloyd Wright in 1903 is in serious need of repairs and renovations, but an existing reverse mortgage loan is complicating the process of initiating the work.
Housing Wire
JULY 21, 2022
This data shows early signs of a slowdown in the retail housing market in June that was anticipated by real estate investors buying properties at foreclosure auction in March. The as-is market value is typically based on a drive-by broker price opinion or external-only appraisal given the properties are usually still occupied.
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Housing Wire
JUNE 7, 2024
Market data about the area, an invitation to an upcoming open house, or info about a coming soon listing nearby are all great items of value. Don’t forget to include your contact information and a call to action such as: “Call/text me to learn about your home’s current market value.” Who’s it for? Another benefit?
Appraisal Today
NOVEMBER 1, 2024
Let’s dive into appraising kitchens and how the room impacts market value. Functional Obsolescence and Price Point If a back corner kitchen or a galley kitchen does not align with current market preferences for homes of a similar age, it might be considered outdated and impact marketability. Worth reading.
Birmingham Appraisal
JUNE 11, 2024
Example Benefits: A homeowner in Birmingham decided to get a marketing appraisal before listing her house. The owner had recently made some updates and renovations and wanted to make sure they got all of their money back from the investment. Cost does not always equal value.
Birmingham Appraisal
JUNE 21, 2023
Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Condition: The overall condition of a property, including its structural integrity, maintenance, and any necessary repairs or renovations, affects its appraisal value.
Quicken Loans
MAY 18, 2021
And then there’s mortgage protection insurance , which pays out in the event that the mortgage is not paid off at the time of death. This type of provision states that in the event of a transfer of ownership, the existing mortgage must be paid in full. Consult a tax adviser to go over your options for determining fair market value.
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