Appraisal Buzz

NOVEMBER 15, 2024

In addition to managing debt, many younger homeowners are using home equity instruments to finance improvements and enhance their long-term financial plans. Homeowners of all generations are utilizing HE Loans or HELOCs to take advantage of their increasing equity as home values continue to climb.

Renovations 370

Renovations Lending Investing Home Improvement 370

Housing Wire

APRIL 27, 2021

Finance of America intends to acquire Parkside Lending ‘s third-party origination channel operation for $40 million, the publicly traded lender and servicer announced Tuesday. Our TPO business is a part of our long-term growth strategy,” Bill Dallas, president of Finance of America Mortgage, said in a statement.

Finance 370

Finance Lending Retail Renovations 370

Housing Wire

APRIL 2, 2021

Finance of America on Monday will become the latest lender to make its debut on the New York Stock Exchange. Led by CEO Patricia Cook and founding chairman Brian Libman, Finance of America has been awfully busy ahead of the merger and IPO. Blackstone Group will retain a 70% ownership stake in the lender-and-servicer.

Finance 372

Finance Renovations Investors Retail 372

Appraisal Buzz

MAY 10, 2021

The lending and services platform Finance of America has introduced a home improvement financing product offered to consumers through approved contractors. The post New Service is Designed to Help Homeowners Renovate appeared first on DSNews.

Renovations 195

Renovations Design Home Improvement Finance 195

Housing Wire

MAY 22, 2024

“The demand for inconspicuous safety bars, lower sinks, residential elevators and other amenities has given home improvement chains, contractors, designers and architects a noticeable lift.” The Home Depot is refreshing an in-house brand with accessibility in mind for things like grab bars and easier-to-use faucets.

Renovations 459

Renovations Design Home Improvement Advertising 459

Housing Wire

JUNE 20, 2024

The 2017 law also made interest from home equity loans non-deductible except for when the money is applied to home improvements or renovations. The eligible deduction was lowered from total mortgage balances of $1 million under prior law to $750,000.

Mortgage 497

Mortgage Bracketing Law Property Taxes 497

D Fritz Appraisals

SEPTEMBER 11, 2023

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most.

Renovations 123

Renovations Home Value Valuation Market Value 123

Appraisal Buzz

AUGUST 15, 2024

This is a good option for customers wanting to consolidate high-interest debt or finance home improvements. Preventive Financial Care of the Annual Home Equity Check-Up This last one is more of a recommendation than a product you can offer.

Loan Officers 407

Loan Officers Clients Home Improvement Insurance 407

Raleigh Realty

JULY 12, 2022

All that staring at the same walls has probably made many realize — it’s been a while since your home had a fresh coat of paint. If you’re considering a home renovation, you might be looking for some insight on what other homeowners are doing. billion in the United States alone by the end of 2022.

Home Improvement 60

Home Improvement Renovations Construction Supply Chain 60

Appraisal Buzz

MAY 1, 2024

The survey asked consumers a series of questions about their knowledge of home equity loans and home equity lines of credit and on their willingness to use these products for different applications, such as consolidating debt, home improvement and to pay for major life events.

Renovations 195

Renovations Home Improvement Finance Appraisal 195

Housing Wire

AUGUST 4, 2023

The ongoing shortage of housing inventory helped spur an increase in home building and home improvement activity, Kan said. Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space.

Marketing 366

Marketing Construction Renovations Home Improvement 366

Lamacchia Realty

FEBRUARY 8, 2022

Because of this, many buyers going through the home buying process are becoming more open to a house that needs renovations. Homes that need updates and repairs usually sell for less per square foot than homes that are turnkey. When in doubt, get your permits.

Renovations 74

Renovations Buyers Finance Home Improvement 74

Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

Renovations 69

Renovations Supply Chain Construction Home Improvement 69

Lamacchia Realty

AUGUST 17, 2021

With current home equity line of credit (HELOC) rates averaging between 1.79% and 7.24%, many homeowners that have been considering using HELOC to fund their home renovations are finally taking the plunge. The Pros & Cons of Home Equity Line of Credit for Home Renovations. Be aware of fees.

Renovations 69

Renovations Home Improvement Home Value Realty 69

Appraisal Buzz

SEPTEMBER 20, 2024

Sherri Eckles, SVP Renovation & Construction, TPO Go “In addition to her full-time job, Sherri Eckles volunteers with numerous organizations, all focused on affordable housing. Seeing them overcome challenges and fulfill their dreams has been deeply gratifying to me.

Training 221

Training Development Clients Renovations 221

Assurance Financial

APRIL 18, 2022

After your purchase, you can renovate the property to make it suit your tastes and fit your needs. Depending on the extent and cost of your home improvement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage.

Renovations 74

Renovations Construction Home Improvement Mortgage 74

Appraisal Hub

OCTOBER 16, 2024

Knowing your home’s market value can help you make better decisions in several situations, such as: Planning renovations: A property appraisal can help you make improvements that align with local buyer preferences, increasing your home’s value.

Property Appraisal 78

Property Appraisal Appraisal Renovations Market Value 78

Zillow

FEBRUARY 15, 2019

If you’re feeling discontent with your home, you may be thinking about renovating … or getting out entirely. But before you knock down walls or put your home on the market, check out our quiz - it could help you think differently about your situation. Should You Renovate or Sell? Consider renovating.

Renovations 36

Renovations Home Improvement Inspection Real Estate 36

Zillow

JUNE 10, 2019

That said, I often recommend that buyers live in a new home for a while before undertaking any major remodeling or pricey home improvements. Rather, I'm referring to discretionary remodeling, expansions and other improvement projects. After buying a home, you deserve a break. You need time to plan.

Renovations 36

Renovations Home Improvement Design Buyers 36

Appraisal Partners Blog

JANUARY 31, 2024

Whether you are purchasing a home, looking to refinance, considering a home improvement, settling an estate, or divorce, We’ll he­lp you determine your home’s fair market value. Assisting in Financing Appraisals are often a must for le­nders before a mortgage­ gets a green light.

Appraisal 78

Appraisal Property Appraisal Market Value Real Estate 78

Assurance Financial

MARCH 18, 2021

Home improvements: With a cash-out refinance, you can finally tackle those home improvements. No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. Make a Capital Home Improvement.

Property Taxes 85

Property Taxes Renovations Home Improvement Mortgage 85

Empire Appraisal Group

DECEMBER 28, 2023

NEW YORK – Home Depot sales continue to slide as Americans wrestle with persistent inflation and the company narrowed its outlook for the year. But the nation’s biggest home improvement retailer still topped expectations for the quarter. Sales at stores open at least a year, a key gauge of a retailer’s health, dropped 3.1%.

Home Improvement 78

Home Improvement Renovations Retail Real Estate 78

PennyMac

NOVEMBER 21, 2024

How to Build Home Equity As you can see, the more equity you have, the higher percentage of the home you actually own outright. And home equity gives you access to cash-out options, which can be used for various purposes, such as funding home renovations, covering education costs, paying off debts or managing other financial goals.

Renovations 69

Renovations Home Value Market Value Mortgage 69

Eppraisal

FEBRUARY 6, 2024

Home Equity Loan Interest Deduction Homeowners can also benefit from the ability to deduct interest on home equity loans or lines of credit used for qualified home improvements or other expenses.

Property Taxes 69

Property Taxes Renovations Home Improvement Law 69

PennyMac

OCTOBER 10, 2023

What Is a Home Appraisal and Why Is It Important? A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage. Home improvements and renovations.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Will Springer Realtor

OCTOBER 3, 2023

With the number of Americans over the age of 65 expected to more than double from 40M today to 81M by 2040, it is paramount that policymakers, home builders and financing entities work to maintain and create housing options that meet the needs of older adults and facilitate aging in place. Dozens of companies are in the ADU business.

Law 66

Law Design Construction Government 66

Movoto

MAY 15, 2024

Much like when first purchasing a home, you’ll want to know your home buying power by determining your financing needs and calculating your home’s equity. This will allow you to shop around for lenders to find the most favorable home equity loan rates and terms.

Renovations 36

Renovations Finance Lending Real Estate 36

PennyMac

SEPTEMBER 12, 2024

service members and their spouses No down payment required No monthly mortgage insurance payment Typically lower interest rates than conventional loans Jumbo Loans A jumbo loan is a loan that exceeds the limits set by the Federal Housing Finance Agency (FHFA) to help buyers finance a home in a higher price range.

Buyers 36

Buyers Finance Home Improvement Renovations 36

PennyMac

FEBRUARY 25, 2022

Craving cash for home improvements? Put down those color swatches and consider putting your home equity to good use with a cash-out refinance to fund your designing ambitions. Renovating your home with funds from a cash-out refinance may even help you get a tax write-off for the expense of increasing your home’s value.

Decorating 36

Decorating Design Renovations Home Improvement 36

PennyMac

JANUARY 3, 2024

The primary benefits of VA home loans include: No down payment requirement on home purchase loans. Use the funds for any purpose, such as paying off debt, funding education or making home improvements. Qualified veteran homeowners who want to use their equity in their homes. Who is it for?

Insurance 36

Insurance Real Estate Agent Finance Renovations 36

PennyMac

AUGUST 14, 2024

Flexibility in Moving: Typically, you'll have up to 60 days post-closing for moving, giving you ample time for packing, furnishing or even some renovations. Financing Challenges: Without the immediate cash from your existing home sale, you'll need to have alternative sources for your down payment on the new property.

Real Estate Agent 47

Real Estate Agent HOA Finance Inspection 47

AmeriMac

NOVEMBER 15, 2024

These include the size of the home, its condition, and its location. The estimated value from this appraisal is essential for getting financing and helps make the real estate transaction go smoothly. The Role of Home Appraisals in Real Estate Transactions Home appraisals are critical in real estate deals.

Appraisal 36

Appraisal Appraisal Process Real Estate Market Value 36

Assurance Financial

MARCH 1, 2021

Deciding how you get the money: You can select whether you want a HELOC or a home equity loan. If you want a lump sum, you may want to select a home equity loan. If you want to tackle a home renovation or another ongoing project and you don’t know exactly how much money you may need, you may want to choose a HELOC instead.

Mortgage 36

Mortgage Renovations Home Improvement Finance 36

AmeriMac

APRIL 15, 2024

Recent home improvements: Provide documentation of any recent home improvements, such as renovations or upgrades, along with the associated costs. Maintenance records: Keep records of regular maintenance and repairs performed on the property, as this demonstrates that the home has been well-maintained.

Appraisal 36

Appraisal Appraisal Process Real Estate Renovations 36

PennyMac

APRIL 18, 2022

Buyer has full control over home improvements and upgrades. Homes frequently increase in value over the life of a mortgage. After all, a home is one of the biggest purchases you’re likely to make in your lifetime. Let’s consider the largest costs of purchasing a home. Process can be complex.

Landlords 36

Landlords Property Taxes HOA Insurance 36

Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. 2 in the U.S. Portland, Ore.,

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

PennyMac

SEPTEMBER 18, 2020

As a final security and technology tip, don't post your vacation plans on social media: You don't want the world to know your home will be left unwatched. New technology has made everything from public data collection to home security quicker, simpler, and more affordable.

Technology 36

Technology Tools Decorating Loan Officers 36