Birmingham Appraisal

MAY 21, 2024

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Evaluating home value is essential in this regard. Key Factors For Buyers to Consider 1.

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Home Value Architecture Renovations Real Estate 74

Lamacchia Realty

APRIL 17, 2024

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer. Investing in hardwood represents a commitment to long-term appeal.

Home Value 74

Home Value Buyers Realtors Realty 74

Housing Wire

AUGUST 27, 2021

And they discovered that a majority of homeowners think upgrading their appliances will increase their home value by almost $14,000. . Due to this ideology, over half of homeowners plan to upgrade their appliances before putting their homes on the market. Examine Return On Investment . Renovations Can Be Beneficial.

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Renovations Home Improvement Investing Home Value 459

Eppraisal

APRIL 9, 2024

Renovations are a great way to boost home value and aesthetics. Here are some home renovation truths to prepare you for such an undertaking. For example, major renovations may require temporary housing, which can be a significant expense. Another critical consideration is your neighbors.

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Renovations Supply Chain Home Value Construction 68

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Home renovations can completely transform your living spaces, turning outdated rooms into modern, functional areas that reflect your style and meet your needs.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

Housing Wire

JUNE 1, 2023

“I don’t think retail is great for anybody right now with rates high and home values high, but it’s a good time to be investing in retail,” Michael Dubeck, CEO and president of Planet Financial Group , parent of Planet Home Lending, said in an interview. It’s an investment down the road,” the executive added. “We

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Retail Mortgage Lending Renovations 418

Eppraisal

OCTOBER 10, 2023

You don't need a whole renovation — simple changes like replacing worn-out tiles, updating the vanity or adding new faucets can freshen up the space and bring a "return on investment"  of over 70%.   You'll be pleased to know a minor kitchen remodel can score you an 80% return on investment.

Home Value 69

Home Value Renovations Buyers Investing 69

Eppraisal

APRIL 5, 2024

In this post, we'll explore key market trends and provide insights into strategies for optimizing home values in an ever-changing environment. Understanding Market Dynamics The foundation of maximizing home values lies in a deep comprehension of market dynamics.

Home Value 28

Home Value Renovations Real Estate Real Estate Agent 28

Housing Wire

APRIL 27, 2023

Inviting an SFR lawsuit Invitation Homes earlier this year failed to convince a judge to dismiss a pending whistleblower lawsuit filed against the company in federal court in San Diego that alleges it made improvements at scores of properties in California without first securing required building permits.

Renovations 387

Renovations Investing Real Estate Marketing 387

Eppraisal

NOVEMBER 21, 2023

In the ever-evolving real estate market, homeowners are constantly seeking ways to enhance the value of their properties. While personal enjoyment is undoubtedly a priority, the return on investment (ROI) becomes a crucial factor, especially for those considering selling their homes in the future.

Home Improvement 68

Home Improvement Home Value Modernization Investing 68

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

Eppraisal

JUNE 18, 2024

Last week we published a post on the type of renovations one needs to make before selling their 20-25 year old house. " Making your property look as modern as possible can potentially help attract more potential buyers and increase your home’s value. If they’re in high demand, renovations might be unnecessary.

Renovations 68

Renovations Real Estate Agent Investing Buyers 68

Raleigh Realty

APRIL 19, 2022

Eco-friendly upgrades are some of the most valuable improvements you can make to a home. 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.

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Renovations Construction Home Improvement Government 78

Housing Wire

AUGUST 15, 2022

A combination of fast-rising home values and the fact that nearly two-thirds of borrowers with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). billion in 2021 to $4.6

Lending 459

Lending Home Value Mortgage Renovations 459

Cleveland Appraisal Blog

APRIL 29, 2021

Tips for Increasing Your Home’s Value Without Spending a Fortune. Buying a property is not just about creating a home, it is making a long-term investment. The moves you make can maintain the value of a property or they can send it through the roof. What Home Appraisers Look For. How many bedrooms?

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Appraisal Investing Buyers Renovations 249

Chicagoland Appraisal Blog

MAY 13, 2021

Your home may be your favorite place to be, but it’s also an investment. 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. What’s in a Home’s Value? Outdated HVAC system.

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Appraisal Renovations Home Value Real Estate 88

Eppraisal

NOVEMBER 19, 2024

As sustainability becomes a focal point in home design and renovation, homeowners are increasingly investing in green upgrades. These enhancements not only benefit the environment but also offer financial savings and improve property value.

Investing 36

Investing Technology Renovations Modernization 36

Housing Wire

MARCH 10, 2023

Among the nonbanks that either have or plan to introduce HELOC loan products are United Wholesale Mortgage , Rocket Mortgage , Guaranteed Rate , loanDepot and New Residential Investment Corp. Unlike fixed-rate, lump-sum second-lien home-equity loans — HELOCs normally carry variable interest rates. rebranded as Rithm Capital ).

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Housing Market Marketing Contracts Lending 370

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? Renovate Your Home Want to add a pool?

Renovations 36

Renovations Home Value Market Value Mortgage 36

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

Eppraisal

JUNE 26, 2024

Purchasing a fixer-upper is not for the faint of heart, but with strategic remodeling and smart spending, you can reap the rewards of comfortable living and a higher home value. Here's how to properly budget for renovating a neglected dwelling and transform it into a dream house. 

Renovations 36

Renovations Home Value Buyers Technology 36

Town & Country Residential Appraisals

AUGUST 14, 2023

If you have not purchased or refinanced recently, your homes value might have changed from where you thought it was just 12 -18 months ago. Knowing the value of your home can be important for many reasons of which, here are a few: Financial Planning The value of your home is a significant component of your overall net worth.

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Property Taxes Home Value Insurance Renovations 43

East Coast Appraisal

SEPTEMBER 12, 2022

Many agreements wait until the loan has reached 78 percent of the home's value to automatically cancel PMI. Assuming your PMI agreement is eligible and your payments are current, you can move forward with the appraisal process to prove your loan-to-value ratio. . When Home Prices Increase. When You Finish Renovations.

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Appraisal Renovations Insurance Home Value 52

East Coast Appraisal

MARCH 16, 2023

Increase Usable Square Footage Extra usable space in an existing home might increase your home's financial appeal as property appraisers base home values on the proportion of livable square feet they include. Also, update your insulation and add home chargers for electric vehicles.

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Appraisal Renovations Home Value Inspection 52

Eppraisal

SEPTEMBER 19, 2023

Remodeling your home can be an exciting endeavor, but it requires careful planning and thoughtful consideration. Whether you're looking to update a single room, increase your home value or undertake a whole-house renovation, following a structured approach will help ensure a successful outcome.

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Renovations Inspection Design Development 69

Eppraisal

APRIL 19, 2024

Prioritize these five swaps to boost home value and maximize your returns. About 48% of real estate agents say energy-efficient home features are all the rage. Its absence can drive down home values, so making the swap is worth it. Light Bulbs Upgrade to LED lighting to boost your house’s marketability.

Home Value 36

Home Value Renovations Design Real Estate Agent 36

Housing Wire

FEBRUARY 8, 2024

Also, know about specific local initiatives and incentives, like land trusts, environmental regulations, property developments, or upcoming renovation projects. Postcards, door hangers, and other marketing collateral will require a smaller investment, allowing you to reach more community members.

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East Coast Appraisal

FEBRUARY 28, 2022

Your home's square footage is a great determinant of the home's appraised value. Market Trends Market conditions determine your home's value at any given time. If there are many houses for sale in your area and the demand is low, your home's worth may decrease.

Appraisal 52

Appraisal Renovations Home Value Construction 52

Eppraisal

MAY 24, 2024

Some listings are not how they appear, bringing down home values and turning your dream into a money pit.    Unpermitted Work Certain renovation projects can significantly increase home values. Here are eight red flags to be mindful of when viewing houses. However, anything larger warrants concern.

Real Estate Agent 36

Real Estate Agent Home Value Sellers Buyers 36

Eppraisal

FEBRUARY 6, 2024

While renting offers flexibility and freedom from property maintenance responsibilities, owning a home can provide substantial tax benefits that can positively impact your financial situation. This deduction allows homeowners to access the equity in their homes at a lower cost, as the interest paid on these loans is typically tax-deductible.

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Property Taxes Renovations Home Improvement Law 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.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

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.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

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.

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Renovations Inspection Sellers Buyers 36

D Fritz Appraisals

MARCH 7, 2019

Before you go spending thousands of dollars in renovations, however, make sure you follow this advice from the outset. You need to be careful that what you spend on renovations is less than the potential increase in value of your house. This ultimately affects how much money you should invest in improvements.

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Renovations Appraisal Real Estate Agent Buyers 78

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.

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Renovations Realtors Sellers Home Improvement 66

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78