PennyMac

JANUARY 2, 2024

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely.

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Home Improvement Renovations Inspection Investing 36

Eppraisal

MARCH 5, 2024

Home renovations can completely transform your living spaces, turning outdated rooms into modern, functional areas that reflect your style and meet your needs. Whether a complete kitchen remodel, a bathroom update or adding a fresh coat of paint, each project can breathe new life into your home.

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Renovations Modernization Market Value Investing 36

Eppraisal

MARCH 15, 2024

Websites like Pinterest , Houzz , and DIY Network offer a plethora of inspiration, from budget-friendly renovation ideas to step-by-step tutorials. Additionally, platforms like YouTube host a vast array of instructional videos, covering everything from basic home repairs to advanced renovation projects.

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Home Value Home Improvement Renovations Design 36

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. Getting the Most from HELOC.

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Raleigh Realty

APRIL 19, 2022

They can lead to more efficient homes, lower utility bills, and a greener environmental outlook. Just like a garage or a carport, environmental home renovations help to improve home value. Reused and Recycled Materials Even if you’re building an entirely new home, take advantage of recycled materials.

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Renovations Construction Home Improvement Government 78

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.

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Renovations Real Estate Investing Design 36

PennyMac

NOVEMBER 21, 2024

Home equity represents both what you've paid into your loan and any increase in your home's value. Home equity builds up over time, but thanks to your down payment, you’ll have some as soon as you close your home. Curious about what your home could be worth? How Does Equity Work?

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Renovations Home Value Market Value Mortgage 36

Chicagoland Appraisal Blog

MAY 13, 2021

Naturally, even if you choose not to sell your house, you certainly want to maintain your investment and ensure that your home value doesn’t drop. Here, we’ll explore everything you need to know about home appraisals and how to maximize the value of your house. . What’s in a Home’s Value?

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Appraisal Renovations Home Value Real Estate 88

Cleveland Appraisal Blog

APRIL 29, 2021

Does your home have a smell? Any repairs that can be made without requiring an extensive renovation should be made, it’s a great move to ensure a higher value. However, adding a bathroom to your floorplan is one of the pricier renovation projects you can undergo, so it may not be within everyone’s budget. Bottom line.

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Appraisal Investing Buyers Renovations 249

East Coast Appraisal

MARCH 16, 2023

Fortunately, you can take several steps to improve your home's appraisal. A higher appraisal value means you can sell your home for a higher price, which can result in a larger profit for you as the seller. Read on to learn four effective ways to do just that so you can get the best possible price for your home.

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Appraisal Renovations Home Value Inspection 52

Housing Wire

MARCH 10, 2023

Closed fixed-rate second-lien [home-equity] loans have been up the least in terms of volume, Toohig said, with HELOCs leading the charge — along with unsecured personal loans used for home improvement. (A Our contract is little different in that we share part of the entire home value at the end of the contract.

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Housing Market Marketing Contracts Lending 370

Houston Properties

MAY 6, 2020

Why Your House Isn't Selling: Top 9 Houston Home Selling Mistakes. Tips For Selling Your Home Fast: Top 10 Home Staging Ideas To Increase Home Value. Increase Home Value: Step-By-Step Decluttering Checklist For Sellers. READ THE TOP 9 HOUSTON HOME SELLING MISTAKES.

Renovations 66

Renovations Realtors Sellers Home Improvement 66

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.

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Property Taxes Renovations Home Improvement Law 69

REX Real Estate

AUGUST 12, 2021

Following a seismic shift toward working and schooling from home during the COVID-19 pandemic,…

Home Improvement 36

Home Improvement Home Value Renovations Marketing 36

Eppraisal

OCTOBER 31, 2023

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Online Home Value Estimation Informal home appraisal tools can give you ballpark estimates of how much your property is worth.

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Marketing Real Estate Agent Real Estate Valuation 69

PennyMac

OCTOBER 10, 2023

The required in-person visit by a home appraiser can take over an hour, depending on the size of your home. However, several other steps are involved in making an unbiased and professional assessment of your home's value. An appraiser will also evaluate your home's foundation and its condition.

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Appraisal Real Estate Agent Renovations Home Value 69

Lamacchia Realty

APRIL 10, 2024

Landscaping How this can Increase Value : A well-landscaped yard adds a great deal to a home’s curb appeal. In fact, excellent landscaping can add up to 15% to your property’s overall value! This is one of the few home improvements that can increase the value as the years pass.

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Law Buyers Renovations Decorating 74

Realtor

AUGUST 24, 2023

“Appraisers choose a score for how new parts of the home are with a bias toward recent updates,” says Max Stokes , founder of the Fox & Stokes Team at Compass in Bergen County, NJ. ” So homes with recent renovations or newer builds will automatically have a higher appraisal value.

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PennyMac

SEPTEMBER 6, 2023

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition.

Renovations 36

Renovations Inspection Sellers Buyers 36

Birmingham Appraisal

AUGUST 30, 2023

Homeowners might overestimate the value of their DIY efforts, leading to a gap between their expectations and the appraiser’s assessment. One thing to keep in mind is that you may or may not get a 100% return on your DIY investment contrary to what you are told on all of the home improvement shows.

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Appraisal Appraisal Process Renovations Market Value 87

PennyMac

NOVEMBER 27, 2023

Equity is the difference between the market value of your home and the amount you owe on your mortgage. Once you've accumulated enough home equity, you can tap into it for various needs like home renovations, debt consolidation or other expenses. But don’t treat a cash-out refinance or home equity loan like an ATM.

Market Value 36

Market Value Tenants Renovations Insurance 36

D Fritz Appraisals

MARCH 4, 2024

Let your budget, timeline and imagination guide your backyard renovation. Plant Trees Strategically To Create A Private Oasis Potential home buyers highly seek trees and privacy. Why not combine them and reap the benefits of both features?

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Home Value Design Valuation Appraisal 101

Houston Properties

MAY 24, 2021

Avoid These 9 Memorial Villages Home Selling Mistakes. 10 Staging Ideas For A Pristine Memorial Villages Home. Seller-Musts To Increase Memorial Villages Home Value. 20 Revamps to Sell Your Memorial Villages Home Fast. Memorial Villages Home Preventive Maintenance Tips. We had 3 offers in less than 2 weeks.

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Realtors Sellers Valuation Renovations 36

PennyMac

JANUARY 3, 2024

Benefits: No down payment, unlike conventional or FHA loans* No private mortgage insurance (PMI) or upfront mortgage insurance premium (UFMIP) to keep your monthly payments low Lower interest rates Borrowers can choose to finance the VA funding fee into the loan *As long as the sales price does not exceed the appraised home value.

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Insurance Real Estate Agent Finance Renovations 36

Assurance Financial

OCTOBER 27, 2023

You can leverage home equity to access cash for major purchases, alternative debt repayment, retirement plans or home renovations. You can also use it to obtain funds via a second mortgage like a home equity line of credit , or HELOC. When you obtain a HELOC, you are securing it against your home equity value.

Renovations 36

Renovations Mortgage Appraisal Housing Market 36

Houston Properties

JUNE 22, 2021

Avoid These Top 9 West U Home Selling Mistakes. 10 Home Staging Ideas For An Impeccable West U Home. Seller Checklist To Raise Home Value. 20 Makeovers To Sell Your West U Home. West U Home Preventive Maintenance Hacks. 10 Best West U Home Interior Maintenance Tips. You will thank me!"

Real Estate 36

Real Estate Realtors Sellers Valuation 36

Chicagoland Appraisal Blog

JANUARY 21, 2020

Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

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Real Estate Appraisal Home Value Real Estate Agent 78

AmeriMac

MARCH 29, 2024

A well-maintained and visually appealing home can positively impact the appraisal value. Enhancing Home Value for Better Appraisal Outcomes To improve appraisal outcomes, enhancing the home’s value is key. Updating kitchens and bathrooms can significantly raise the home’s value.

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Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Appraisal Partners Blog

FEBRUARY 4, 2020

Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

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Real Estate Appraisal Home Value Real Estate Agent 60

PennyMac

AUGUST 14, 2024

Avoid Double Moving Costs: You can move directly into your new home, eliminating the need for multiple moves, renting storage spaces or finding temporary housing. 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.

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Real Estate Agent HOA Finance Real Estate 36

Houston Properties

MARCH 5, 2021

Avoid These Top 9 Heights Home Selling Mistakes. Sell Your Heights Home Fast: Top 10 Home Staging Ideas. Increase Home Value: Listing Checklist For Houston Heights Sellers. Sell Your Heights Property With These 20 Home Renovations. Follow This Preventive Heights Home Maintenance Guide To Sell Fast.

Renovations 59

Renovations Realtors Sellers Home Improvement 59

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. They are also used to assess the value of the home for home improvement loans and insurance evaluations. What is a Home Appraisal and Why is it Important?

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Appraisal Inspection Property Taxes Easement 108

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). Buying a vacation home? The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels.

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Investing Property Taxes Real Estate Renovations 36

Appraisal Buzz

NOVEMBER 18, 2024

Spending for improvements and repairs on owner-occupied homes is expected to expand by the middle of next year, reversing the recent pullback, according to the Harvard University Joint Center for Housing Studies’ latest Leading Indicator of Remodeling Activity (LIRA). through third quarter of 2025.

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Marketing Construction Renovations Home Improvement 389