Housing Wire

MAY 18, 2022

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. CW : At Reverse Mortgage Funding , education has always been a number-one priority.

Mortgage 418

Mortgage Clients Insurance Tools 418

D Fritz Appraisals

JANUARY 29, 2025

As property values soar and housing accessibility becomes more challenging, understanding the role of these valuations in shaping real estate decisions is more critical than ever. Home Appraisal: Includes detailed market analysis and accounts for specific property attributes, renovations, and upgrades.

Appraisal 78

Appraisal Valuation Property Taxes Inspection 78

Cleveland Appraisal Blog

MARCH 25, 2023

Having had our kitchen gutted and remodeled a couple of years ago, I can honestly say that I had not thought about this question before our renovation. Also, if you are planning on doing a complete gut renovation of your kitchen, it is best to go for a larger dumpster, as the amount of debris generated will be significant.

Supply Chain 285

Supply Chain Renovations Appraisal Market Value 285

Cleveland Appraisal Blog

JUNE 25, 2021

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. Physical depreciation is the most common cause of loss of value. Even if they are completely renovated, they are still not considered to be new. In a word, depreciation.

Market Value 244

Market Value Appraisal Marketing Buyers 244

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. However, sometimes properties may have specific problems that are too serious and can’t go unnoticed at an open house. I hope you find her article to be helpful!

Renovations 221

Renovations Buyers Appraisal Investing 221

Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. What’s the difference between a newly constructed home and a hundred-year-old home?

Appraisal 283

Appraisal Development Market Value Tenants 283

Cleveland Appraisal Blog

DECEMBER 10, 2022

Therefore, when making any renovations to increase your home’s worth, always keep in mind that potential buyers may have very different tastes from you. Not only that this will help you boost the value of your home but it will also help you attract buyers and sell it quicker. 4 The address suffix. An Excess of Appraisers?

Appraisal 302

Appraisal Buyers Renovations Investing 302

Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. Click here to visit their website.

Appraisal 312

Appraisal Law Development Valuation 312

D Fritz Appraisals

SEPTEMBER 9, 2024

How to Break Into the BC Housing Market Breaking into the real estate market in British Columbia is not easy. With soaring prices, stiff competition, and constantly shifting market conditions, maximizing first-time homebuyers’ purchasing power has become critically important. Fritz Appraisals Inc. Fritz Appraisals Inc.

Real Estate 123

Real Estate Appraisal Housing Market Property Appraisal 123

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. It struck a cord with some of our readers so we're publishing a twist on that story asking the question, "Is a lot of money needed to prepare your house to sell?"

Renovations 68

Renovations Real Estate Agent Investing Buyers 68

Appraisal Today

NOVEMBER 1, 2024

Let’s dive into appraising kitchens and how the room impacts market value. Functional Obsolescence and Price Point If a back corner kitchen or a galley kitchen does not align with current market preferences for homes of a similar age, it might be considered outdated and impact marketability. Worth reading.

Appraisal 91

Appraisal Training Contracts Mortgage 91

Realtor

DECEMBER 15, 2016

To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. Low appraisals tend to occur in hot housing markets, where home buyers are often forced to pay above market value for a home.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. Low appraisals tend to occur in hot housing markets, where home buyers are often forced to pay above market value for a home.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

McKissock

OCTOBER 3, 2021

This means that you will be able to find houses being sold below market value, which will make marketing the property easier and your profit larger. The trick is to be able to identify properties for sale under market value and to make low-cost repairs which will raise the value of the property by a lot.

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Renovation loan assessments. Estate settlements.

Appraisal 110

Appraisal Inspection Property Taxes Easement 110

Listing Spark

JANUARY 16, 2025

They serve as a benchmark to help determine the current market value of a property. 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. If you are looking at both, you may be skewing your own numbers.

Real Estate 36

Real Estate Renovations Real Estate Agent Market Value 36

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

Eppraisal

OCTOBER 23, 2023

If the inspection finds the house is unfit for occupancy, discuss with the seller who should pay for what and schedule repairs immediately. Wait for the Appraisal The lender will hire an appraiser to determine the house’s fair market value.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Patch of Land

APRIL 4, 2018

As a result of the housing collapse, some people have been reticent to buy a house, let alone flip one. But now, the housing market is back and on the upswing. Utica, NY – 57% average discount off market value. Columbus, GA – 52% average discount off market value. based on all metrics. #2:

Market Value 33

Market Value Renovations Real Estate Inventory 33

AmeriMac

MAY 15, 2024

Appraisals play a significant role in determining the fair market value of a property and ensuring a successful relocation. Unlike a traditional mortgage appraisal that determines the market value of a property, a relocation appraisal focuses on estimating the sales price through prospective analysis.

Appraisal 36

Appraisal Market Value Mortgage Appraisal Appraisal Process 36

AmeriMac

SEPTEMBER 30, 2023

The Importance of Relocation Appraisal in Today’s Real Estate Market Relocation appraisal is crucial for assessing a property’s market value, aiding informed decisions by buyers and sellers. It considers supply, demand, market trends, and sales price forecasts. So, let’s dive in!

Appraisal 36

Appraisal Appraisal Process Real Estate Human Resources 36

AmeriMac

MARCH 18, 2021

Typically banks only issue a loan up to the fair market value of a house. If appraisals show a reduction in the home’s value, borrowers may no longer be eligible for one. Most states calculate property taxes depending on your home’s fair market value. Local housing market trends.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

AmeriMac

MARCH 18, 2021

Typically banks only issue a loan up to the fair market value of a house. If appraisals show a reduction in the home’s value, borrowers may no longer be eligible for one. Most states calculate property taxes depending on your home’s fair market value. Local housing market trends.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

Assurance Financial

DECEMBER 20, 2021

This scenario requires good home equity — which is the homeowner’s financial stake in their house — to warrant a high enough price. The home’s gains in market value. The cost of renovations or improvements the seller made to the house. Mortgage principal payments.

Mortgage 74

Mortgage Sellers Buyers Finance 74

AmeriMac

MARCH 18, 2021

Typically banks only issue a loan up to the fair market value of a house. If appraisals show a reduction in the home’s value, borrowers may no longer be eligible for one. Most states calculate property taxes depending on your home’s fair market value. Local housing market trends.

Appraisal 28

Appraisal Property Taxes Buyers Sellers 28

Will Springer Realtor

FEBRUARY 13, 2025

Its important to note that in King County, property taxes are based on assessed value, not the actual sale price. That said, the price is often used as a key indicator of market value for future assessments. FEBRUARY HOUSING UPDATE Is the spring housing market already underway? 2-story chateau on nearly 1.5

Property Taxes 36

Property Taxes Design Buyers Market Value 36

Appraisal Buzz

JULY 16, 2024

It would include an exception for new construction and substantial renovation or rehabilitation. The Biden Administration believes that a combination of both anti-price gouging policies and the construction of more affordable housing can effectively balance the needs of tenants.

Landlords 435

Landlords Tenants Land Management Construction 435

Housing Wire

APRIL 25, 2022

Minority homeowners are paying more for public services relative to the market value of their homes, the researchers wrote, a dynamic the researchers demonstrated in all but a handful of states. In Texas, lawmakers limited property tax rate increases even before the COVID-19 housing rush sent home prices skyward.

Property Taxes 435

Property Taxes Appraisal Government Valuation 435

Housing Wire

OCTOBER 17, 2023

“Our team tries to make every effort to purchase the properties on the front side,” said Mary Tritt, managing broker at Tritt Realty , a Carrollton, Georgia-based company that buys and renovates distressed properties. These institutional buyers purchased pre-foreclosure properties for 30% below estimated after-repair market value on average.

Buyers 435

Buyers Retail Market Value Real Estate Agent 435

Housing Wire

DECEMBER 12, 2024

The after-repair value is the estimated full market value of a property in fully repaired condition. By definition, most distressed properties sold at auction are in need of substantial renovations. Register today to attend the Housing Economic Summit in Dallas, on Feb. 26, 2025 and hear Daren Blomquist in person.

Housing Market 370

Housing Market Retail Marketing Sellers 370