Housing Wire

APRIL 9, 2021

.” With “Raveis Purchase,” which officially launched earlier this month, WRRE will acquire the home-seller’s property for an initial payment of up to 80% of the current value of the home, which unlocks the majority of the equity and enables the seller to settle any mortgages.

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Housing Wire

MAY 11, 2021

Many factors contribute to the process of determining the value of a residential property. For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. .

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D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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Home Value Appraisal Real Estate Agent Tools 78

Empire Appraisal Group

OCTOBER 17, 2024

By Spiderstock/Getty Images Source: [link] Costly Home Renovation Mistakes to Avoid By Courtney Klosterman While rewarding, home renovations can be time consuming, costly and frustrating. NEW YORK – Turning a house into a home can feel incredibly rewarding. Take steps to ensure the project is executed correctly.

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Renovations Inspection Tools Insurance 78

D Fritz Appraisals

JANUARY 29, 2025

House Appraisal vs BC Assessment: How They Impact Your Homes Value Understanding the difference between residential home appraisals vs BC assessments. These two commonly misunderstood yet crucial home evaluation tools, help to navigate the complexities of the real estate market in British Columbia.

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Appraisal Valuation Property Taxes Inspection 78

Cleveland Appraisal Blog

FEBRUARY 4, 2021

AVM’S ARE GREAT MARKETING TOOLS. Zillow, one of the most wide-known AVM’s has stated that their values are not to be considered as appraisals. AVM’s are marketing tools. While these sites offer some great information, when it comes to the accuracy of home values, they are all over the place.

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Advertising Valuation Appraisal Renovations 198

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

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.

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Home Value Renovations Real Estate Real Estate Agent 28

Raleigh Realty

FEBRUARY 21, 2022

Although a standard for measuring square footage isn’t in place, it is important to be as precise as possible when calculating a home’s square feet, as that number can impact home values. Which tools should I use to calculate the square footage of a house? Square footage guidelines also tend to vary from state to state.

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Real Estate Agent Real Estate Agents Renovations 148

PennyMac

NOVEMBER 21, 2024

Home equity is the difference between the current value of your home and the amount you still owe on your mortgage. But while that’s the simple definition, it actually means a lot more — it’s an important financial tool. Home equity represents both what you've paid into your loan and any increase in your home's value.

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Renovations Home Value Market Value Mortgage 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.

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Marketing Real Estate Agent Real Estate Valuation 69

Lamacchia Realty

MAY 8, 2023

CAN A SHED INCREASE PROPERTY VALUE? It can be a place to store lawn supplies and gardening tools, or it can be made into a room for a workshop, or art studio. The possibilities are endless, but no matter what it ends up being used for, having a shed can increase the value of your home.

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Tools Realty Architecture Buyers 74

Appraisal Today

APRIL 26, 2024

This practice may shed light on why the correlation between home values and neighborhood racial composition strengthened again from 1980-2015, while the connection between home values and traditional factors like housing characteristics, construction quality, neighborhood amenities, and socioeconomic status weakened.

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Appraisal Real Estate Real Estate Agent Contracts 85

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

Listing Spark

JANUARY 16, 2025

Real estate comps are a crucial tool for determining a homes value, and they are used by real estate professionals, including real estate agents, appraisers, and lenders. Helpful Tip: If you renovated your house a decade ago, calling your home updated may be a stretch and it wont be comparable to newly renovated listings.

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Real Estate Renovations Real Estate Agent Market Value 36

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. Online services: Other online services, such as Zillow , offer tools to look up foreclosures by certain characteristics or in certain areas.

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Eppraisal

MARCH 29, 2024

However, big-ticket renovations may overextend you after you just put down a large sum. These five décor swaps make a new house feel more like your own place and improve home value. This project requires some elbow grease but is doable with basic tools.  The The urge to upgrade your rooms can be strong.

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Renovations Design Home Value Tools 36

Eppraisal

SEPTEMBER 8, 2023

An AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. An agent can help you navigate the selling process Selling a home can be a complicated process, and a real estate agent can help guide you through it.

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Listing Spark

JANUARY 5, 2025

Types of Homes Sold As-Is Homes sold as-is in Texas can vary widely in terms of their condition, age, and location. Some common types of homes that are often sold as-is include: Fixer-uppers : These homes require significant repairs and renovations to make them habitable.

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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?

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Home Improvement Renovations Home Value Mortgage 36

Listing Spark

MARCH 15, 2022

So be sure to keep your home in good condition and up-to-date with the latest trends. What hurts a home appraisal? There are a few things that can hurt a home appraisal. If the yard is full of toys, tools, or other items, it will be difficult for potential buyers to get a good idea of what the property could look like.

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Appraisal Renovations Contracts Buyers 36

Appraisal Today

JUNE 28, 2024

This finding indicates that we cannot reject the role historic discrimination has played in the evaluation of home values. Instead, many lenders rely on automated valuation models (AVMs) and tools such as Fannie Mae’s Collateral Underwriter (CU) to assess the accuracy of appraisals.

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Valuation Appraisal Real Estate Real Estate Agent 64

Movoto

APRIL 30, 2024

With that said, you will need to sacrifice time and money to market the home, show it to interested parties, and complete the various administrative functions necessary to finalize a sale successfully. You’ll likely need to perform regular upkeep when still living in the house, which also helps ensure that repairs and renovations go smoothly.

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Real Estate Real Estate Agent Buyers Realtors 36

AmeriMac

MARCH 29, 2024

Reverse mortgages are becoming an increasingly popular financial tool for homeowners over the age of 62 who want to access equity in their homes. One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan.

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