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.

Home Improvement 36

Home Improvement Renovations Inspection Investing 36

Chicagoland Appraisal Blog

MAY 13, 2021

Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home. The Value of a Home Appraisal.

Appraisal 88

Appraisal Renovations Home Value Real Estate 88

Realtor

MAY 10, 2018

If one sibling wants to keep the home, he or she can buy the others out for their share of the home’s fair market value. Real estate agent and attorney Bruce Ailion with Re/Max Town and Country in Atlanta advises siblings to have a discussion to decide what condition to sell the house in— as is or renovated.

Real Estate Agent 85

Real Estate Agent Renovations Real Estate Agents 85

PennyMac

NOVEMBER 21, 2024

Once you finish paying off your mortgage, your home equity will be 100%. Additionally, an important factor that plays a role in how much equity you build is the market value of your home. Today’s Market Value and Your Home Equity Home equity is tied to your home’s current market value.

Renovations 69

Renovations Home Value Market Value Mortgage 69

Realtor

MAY 10, 2018

If one sibling wants to keep the home, he or she can buy the others out for their share of the home’s fair market value. Real estate agent and attorney Bruce Ailion with Re/Max Town and Country in Atlanta advises siblings to have a discussion to decide what condition to sell the house in— as is or renovated.

Real Estate Agent 78

Real Estate Agent Renovations Real Estate Agents 78

Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

Appraisal 85

Appraisal Appraisal Process Renovations Market Value 85

Birmingham Appraisal

NOVEMBER 20, 2024

The bottom line is that if the contract price is in close alignment with the other approaches to value, especially the sales comparison approach, then this provides validation that it is a reliable indicator of market value for the property so the appraiser will reconcile the appraisal at the contract price.

Real Estate 87

Real Estate Appraisal Inspection Contracts 87

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.

Law 62

Law Buyers Renovations Decorating 62

East Coast Appraisal

MARCH 16, 2023

A home appraisal is one of the best ways to determine a property's market value. 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.

Appraisal 52

Appraisal Renovations Home Value Inspection 52

Eppraisal

OCTOBER 31, 2023

 Better yet, use a real estate agent to do a comparative market analysis and calculate your home’s value impartially. Appraisal Mortgage lenders use home appraisal reports to make credit decisions, so hiring an appraiser can help you learn about your home’s current market value more objectively.  This

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Appraisal Today

MAY 17, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M I often appraise estate homes that need fix up for sale.

Tools 64

Tools Appraisal Renovations Design 64

PennyMac

JANUARY 13, 2025

Buying a home with a mortgage may come with a monthly payment, but it also gives you the chance to build equity. Equity is a financial resource you can tap into for various needs, including home renovations, debt consolidation or education funding, to name a few. How can you convert valuable home equity into usable cash?

Home Improvement 36

Home Improvement Renovations Home Value Mortgage 36

Zillow

SEPTEMBER 6, 2016

While that fixer-upper you’ve got your eye on may not be the steal you’re expecting - the average fixer-upper lists for just eight percent less than market value, according to a new analysis from Zillow - it’s still a tempting prospect for many buyers. Should you make a fixer-upper your next home?

Renovations 36

Renovations Buyers Legal Home Improvement 36

AmeriMac

MAY 15, 2024

From finding a new home to selling the existing property, there are numerous factors to consider. Appraisals play a significant role in determining the fair market value of a property and ensuring a successful relocation. A mortgage appraisal assesses the market value of a property without specific time constraints.

Appraisal 36

Appraisal Market Value Mortgage Appraisal Appraisal Process 36

PennyMac

NOVEMBER 27, 2023

Building Equity Over Time As you make mortgage payments, you build equity in your home. Equity is the difference between the market value of your home and the amount you owe on your mortgage. Home Equity Loans Having home equity can be a safeguard for managing large expenses.

Market Value 36

Market Value Tenants Renovations Insurance 36

AmeriMac

NOVEMBER 15, 2024

In real estate transactions, a home appraisal is an essential step for buyers and sellers. The appraiser is a neutral third party who honestly assesses the home’s market value. The home appraisal process looks at different factors. These include the size of the home, its condition, and its location.

Appraisal 36

Appraisal Appraisal Process Real Estate Market Value 36

AmeriMac

APRIL 15, 2024

When it comes to buying, selling, or refinancing a home, one important step in the process is getting a home appraisal. A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property.

Appraisal 36

Appraisal Appraisal Process Real Estate Renovations 36

AmeriMac

NOVEMBER 15, 2021

By far, equity is one of the most important ways to preserve someone’s wealth because in theory, a home should always appreciate in value over time. Therefore, as the fair market value of the home goes up while the amount remaining on the mortgage goes down, equity continues to build over the years.

Appraisal 36

Appraisal Renovations Inspection Appraisal Process 36

AmeriMac

NOVEMBER 15, 2021

By far, equity is one of the most important ways to preserve someone’s wealth because in theory, a home should always appreciate in value over time. Therefore, as the fair market value of the home goes up while the amount remaining on the mortgage goes down, equity continues to build over the years.

Appraisal 36

Appraisal Renovations Inspection Appraisal Process 36

Realtor

AUGUST 1, 2018

A licensed, HUD-approved appraiser will determine the market value of the home and do a “health and safety” inspection to check for crucial problems such as a crumbling foundation or issues with the mechanical systems. You might not be able to use your FHA loan for renovations. No biggie, right?

Inspection 136

Inspection Insurance Buyers Renovations 136

Realtor

AUGUST 1, 2018

A licensed, HUD-approved appraiser will determine the market value of the home and do a “health and safety” inspection to check for crucial problems such as a crumbling foundation or issues with the mechanical systems. You might not be able to use your FHA loan for renovations. No biggie, right?

Inspection 78

Inspection Insurance Buyers Renovations 78

D Fritz Appraisals

OCTOBER 11, 2022

They are also used to assess the value of the home for home improvement loans and insurance evaluations. Read on for more information about how a home appraiser determines the value of your property. What is a Home Appraisal and Why is it Important? Renovation loan assessments.

Appraisal 107

Appraisal Inspection Property Taxes Easement 107