Empire Appraisal Group

MAY 30, 2024

Hurricane Ian left behind thousands of damaged homes, and the subsequent need for renovations has resulted in a jump of available housing inventory. In particular, in markets like Cape Coral and Fort Myers, which were hard-hit by Hurricane Ian in September 2022. billion worth of total damage, making Ian the third-costliest U.S.

HOA 78

HOA Renovations Insurance Inventory 78

D Fritz Appraisals

MARCH 16, 2021

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. The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase.

Appraisal 129

Appraisal HOA Easement Valuation 129

Raleigh Realty

JULY 12, 2022

Might have homeowner’s association (HOA) fees. Once you pay off your mortgage, a condo owner only needs to worry about paying utilities and possible HOA fees. On the positive side, this means you’re free to make any renovations you’d like and you have complete freedom to make your condo your own. What Is an Apartment?

HOA 60

HOA Landlords Mortgage Tenants 60

Birmingham Appraisal

MAY 21, 2024

Renovations and updates can reduce these effects by increasing a home’s market appeal and extending its lifespan. Certain renovations, such as updated kitchens and bathrooms, can significantly increase a property’s market value. Condition and Age of the Property The age and condition of a home directly impact its market value.

Home Value 73

Home Value Architecture Renovations Real Estate 73

Eppraisal

OCTOBER 13, 2023

These may include property taxes, insurance, maintenance and repairs, property management fees, and any homeowner association (HOA) dues. This includes the down payment, closing costs, and any renovation or improvement expenses. Additionally, factor in a contingency for unforeseen expenses.

Investing 69

Investing Property Taxes HOA Real Estate 69

Lamacchia Realty

OCTOBER 17, 2022

Typically, HOAs in Massachusetts, New Hampshire and Florida , for example, bundle some costs into one monthly HOA fee, so be sure to check on those to see what you could be paying. Purchasing a Home That Requires Renovations and Repairs. To save on costs, consider investing in energy-saving appliances. Additional Resources.

Buyers 63

Buyers HOA Realty Insurance 63

Lamacchia Realty

NOVEMBER 15, 2022

Whether building a new home or renovating it, you must follow building codes. But, as we already mentioned, you need to familiarize yourself with the building code before starting construction or renovations. Other codes related to safety during construction or renovation, are in place mainly to protect neighboring buildings.

Renovations 41

Renovations HOA Construction Architecture 41

Movoto

OCTOBER 9, 2024

Ask about recent renovations, add-ons, or major repairs that you might not notice when viewing a home. Or, they might have noisy neighbors, a difficult HOA, or safety concerns. 6 Are there any Homeowners Association (HOA) fees? Residential properties can belong to a local HOA that cares for neighborhood resources and amenities.

HOA 36

HOA Property Taxes Renovations Sellers 36

Raleigh Realty

MARCH 29, 2021

Your neighborhood may require homeowner's association (HOA) fees, too. You'll need to do some renovations. If you're willing to do a little renovation work on a property or live in a rural area, there's a program for you USDA Loans Aren't Just for Farmers The U.S. Do the math to see what your ultimate monthly payment will be.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Lamacchia Realty

DECEMBER 29, 2022

And while that is true, you shouldn’t forget that it’s also great for renovating the exterior of your home. As a final closing tip, we recommend checking whether any remodel you plan on doing is approved by your HOA. All you Should Know About HOAs in Florida. So be smart about what you’re doing.

HOA 52

HOA Construction Government Renovations 52

Assurance Financial

NOVEMBER 28, 2023

You can also borrow strategically against your equity by taking out home equity loans — to perform renovations, say, and boost the eventual resale value of your home. Homeowners Association (HOA) Fees If you belong to an HOA, your mortgage payment sometimes includes HOA fees. How Does a Mortgage Loan Work?

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

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. You’ll also need to factor in ongoing costs like property taxes, homeowners insurance, applicable HOA fees and maintenance. turn your home into a rental property)?

Real Estate Agent 47

Real Estate Agent HOA Finance Real Estate 47

Lamacchia Realty

DECEMBER 6, 2022

Yes, there is a flood risk to live right by the ocean, but you can be protected if that would occur at a reasonable cost.  Condo policies, which in our industry are called HO6 policies are basically a “walls in” policy because the HOA covers the structure itself and the roof.

Insurance 41

Insurance Inspection HOA Brokerage 41

PennyMac

NOVEMBER 27, 2023

Once you've accumulated enough home equity, you can tap into it for various needs like home renovations, debt consolidation or other expenses. The amount borrowed may even be tax deductible if the funds are used to renovate your home.* Consolidate Debt Your home equity can help you take charge of your debt.

Market Value 36

Market Value Tenants Renovations Insurance 36

Movoto

SEPTEMBER 23, 2024

Use our online calculator to estimate your closing costs.

Sellers 36

Sellers Buyers HOA Property Taxes 36

PennyMac

APRIL 18, 2022

Property taxes and HOA fees are the buyer’s responsibility. Cash-Out Refinancing is a popular way to get cash for just about anything—renovations, the purchase of a second home, or other long-term investments for your future. Requires upfront costs for down payment, closing fees, etc. Process can be complex.

Landlords 36

Landlords Property Taxes HOA Insurance 36

Movoto

APRIL 24, 2024

You’ll also need to check with local authorities to understand requirements for how to rent a house in your area and any organizations like HOAs or condominium associations, when applicable. Ideally, you’ve renovated and updated the property to modern standards, as this will allow you to successfully obtain an amount on the higher end.

Tenants 36

Tenants Landlords Logistics Insurance 36

Appraisal Today

DECEMBER 2, 2022

Built in 1961 (renovated in 2006 by architect Hal Hayes), 3 bedrooms, 2 baths, 2100 sq.ft. Investigate by asking specific questions pertaining to the property such as improvements, what and how long ago, permitted work, HOA, municipalities, etc. Fire Island’s NY Legendary Pyramid House for sale at $6.5M. Sold 4/1/2013 for $998,000.

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

Houston Properties

JULY 20, 2022

The neighborhood features renovated vintage and recently constructed homes. The Afton Oaks Civic Club actively enforces mandatory HOA fees and architectural restrictions. For details on any specific property in the Afton Oaks area, please contact Paige Martin, ranked #1 Individual Agent with Keller Williams in Houston.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Will Springer Realtor

MAY 12, 2021

Since then, the HOA reversed course, lifting the rental cap, and Nexus is at about 51% owner occupancy. The owners spent two years – and presumably hundreds of thousands of dollars – to renovate the place about 15 years ago, featuring a Chef’s kitchen with two islands, double-oven and walk-in pantry. This is a number worth watching.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Assurance Financial

APRIL 29, 2021

If a person has positive equity and needs cash for a renovation project or other reason, they can open a home equity line of credit or HELOC and borrow against their equity. HOA (Homeowners Association). Some properties, such as condos and homes in subdivisions, have a homeowners association or HOA attached to them.

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74

D Fritz Appraisals

OCTOBER 11, 2022

Renovation loan assessments. Paperwork – gather any relevant paperwork that supports the valuation of the home such as property tax bills, HOA fees, receipts and permits for any improvements or upgrades. Mortgage financing and refinancing. Reviewing / appealing property tax assessment. Property division in separation / divorce.

Appraisal 107

Appraisal Inspection Property Taxes Easement 107

PennyMac

JANUARY 16, 2022

That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels. So, you’ve finally found your dream vacation house. Buying a vacation home?

Investing 36

Investing Property Taxes Real Estate Renovations 36