Cleveland Appraisal Blog

DECEMBER 24, 2022

Are you planning on renovating your home? What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. However, you must be aware of your budget and timeline before committing to a kitchen renovation.

Renovations 303

Renovations Appraisal Home Improvement Buyers 303

Appraisal Buzz

JANUARY 9, 2025

Department of Housing & Urban Development (HUD) has published a Final Rule in the Federal Register to modernize and strengthen regulations for the HOME Investment Partnership Program (HOME). Click here for more on HUDs HOME Investment Partnership Program (HOME).

Tenants 221

Tenants Development Modernization Inspection 221

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

Renovations 292

Renovations Investing Real Estate Marketing 292

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. The following considerations should help you make the right decision when it comes to investing in a remodel or not. I hope you find her article to be helpful! No repairs, no costs.

Renovations 221

Renovations Buyers Appraisal Investing 221

The Robert Weiler Company

JULY 18, 2021

It’s also a category of potential investment that, based on owner type, covers a lot of ground. Property owners include individuals, LLCs, families, large corporations, insurance companies, financial institutions, government, real estate investment trusts, and religious institutions. Doing so will help you become more knowledgeable.

Real Estate 148

Real Estate Investing Investors Renovations 148

Empire Appraisal Group

MAY 16, 2024

Should You Renovate Before Selling? Before launching renovation projects to sell a home, consider the cost benefits. NEW YORK – When selling your house, one of the most common things to worry about is whether you should renovate the home before listing it. Look at your home as if you were buying it and decide if it’s turnkey.

Renovations 78

Renovations Buyers Decorating Investing 78

Appraisal Buzz

JUNE 3, 2024

Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. Thorough due diligence, including property inspections and assessments, and adequate cash reserves are crucial to identify and address potential concerns.

Investors 195

Investors Marketing Renovations Real Estate 195

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. But renovating can be tricky even for homeowners with experience let alone someone without that technical knowledge.

Renovations 78

Renovations Inspection Tools Insurance 78

Realtor

FEBRUARY 11, 2021

Closing costs are used to pay for items such as appraisals, inspections, and much more. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership. How important is the freedom to renovate? Hammond , a Chase private-client home lending adviser.

Property Taxes 218

Property Taxes Inspection Landlords Renovations 218

Housing Wire

OCTOBER 10, 2023

It’s imperative that agents invest their time to properly prepare comps! However, it may be helpful to add short descriptions like “renovated” or “XL terrace” to show unique features of the properties you’ve included in a “Notes” section at the end of your CMA report. They are more appropriate for an appraisal.

Marketing 406

Marketing Real Estate Agent Clients Tools 406

The Robert Weiler Company

JUNE 17, 2022

Ohio is one of the top five tax climates in the United States, so it is not surprising that you are looking at the various apartment buildings for sale in Ohio as a lucrative investment. However, an investment in real estate is not something you should jump into without preparation. Pros of Investing in an Apartment Building.

Property Management 147

Property Management Renovations Real Estate Investing 147

Housing Wire

JUNE 7, 2024

Meet the fire department for the smoke inspection. You can also choose your budget and invest as little as $5 per day on Facebook and Instagram. What to consider when deciding whether to add on or move Most common home inspection issues to avoid when selling The key is choosing the topic and applying good marketing.

Real Estate 451

Real Estate Open Houses Agents Sellers 451

Cleveland Appraisal Blog

AUGUST 13, 2023

Before you embark on a complete bathroom renovation, take heart. Schedule Regular Plumbing Inspections If you really want to keep your plumbing system eco-friendly, it’s time to practice some TLC. Regular inspections are important to catch plumbing issues and maintain an efficient plumbing and water transport system.

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Appraisal Inspection Transportation Renovations 253

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection.

Real Estate 369

Real Estate Open Houses Brokerage Real Estate Agent 369

Eppraisal

OCTOBER 13, 2023

Investing in real estate can be a lucrative venture, but it's crucial to understand the financial aspects that contribute to a profitable investment property. Let's break down the key elements and calculations you need to consider when evaluating potential investment opportunities.

Investing 69

Investing Property Taxes HOA Real Estate 69

DW Slater Company

FEBRUARY 24, 2022

Some of the current new tools and technology that I am aware of that assist with Desktops and Hybrids are: RemoteVal- This tool is a free app from Incenter that allows the appraiser and homeowner to inspect, view, measure, and take pictures of a property remotely. InsideMaps – A tool that provides mapping, sketches, and tours of homes.

Inspection 154

Inspection Tools Appraisal Technology 154

The Robert Weiler Company

JUNE 15, 2022

Considering an investment in commercial real estate? The decision to invest in multifamily properties for sale may be a solid option for you. In fact, this sector set multiple records last year with a total investment volume of $335.3 In fact, this sector set multiple records last year with a total investment volume of $335.3

Investing 78

Investing Tenants Real Estate Property Management 78

Appraisal Partners Blog

JANUARY 20, 2025

Unlike a home inspection, which assesses the physical condition of a property, an appraisal focuses solely on determining its fair market worth. Lenders rely on the appraisal to confirm that the loan amount is secured by adequate collateral, protecting their investment. This valuation is crucial for a multitude of reasons.

Appraisal 78

Appraisal Inspection Valuation Appraisal Process 78

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. 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.

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Appraisal Renovations Home Value Real Estate 88

The Robert Weiler Company

MAY 18, 2022

With some as straightforward as cleaning up, and others requiring an investment of a few thousand dollars, each recommendation is aimed to increase the profit on your commercial property. What is Return on Investment in Commercial Real Estate? When in doubt, invest in your roof. . Consider going solar.

Real Estate 148

Real Estate Tenants Retail Investing 148

The Robert Weiler Company

SEPTEMBER 25, 2020

Such tasks usually require the manager to: Perform frequent inspections. Conduct frequent inspections of the property’s interior and exterior. When it comes down to property maintenance, relationships could hold the key to timely repairs and renovations. Initiate preventive property maintenance.

Property Management 143

Property Management Tenants Real Estate Inspection 143

Lamacchia Realty

AUGUST 12, 2021

What to Consider Before Purchasing a Fixer-Upper Although fixer-uppers are more affordable than purchasing a turnkey home in the perfect neighborhood, the process of buying a fixer-upper and renovating it is more complicated than what you see on television. How Much Time Do They Take to Renovate? Traveling a lot?

Renovations 68

Renovations Finance Inspection Buyers 68

Eppraisal

SEPTEMBER 19, 2023

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. It's wise to allocate a contingency fund for unforeseen circumstances that may arise during the renovation process.

Renovations 69

Renovations Inspection Design Development 69

Eppraisal

OCTOBER 20, 2023

Are you planning a home renovation to increase your property's value or preparing to sell your home in the future? Home renovations can be exciting and rewarding but can also come with their fair share of challenges. Plumbing Issues Plumbing issues can be a major headache during a renovation.

Renovations 36

Renovations Supply Chain Inspection Modernization 36

Zillow

FEBRUARY 15, 2019

If you’re feeling discontent with your home, you may be thinking about renovating … or getting out entirely. Should You Renovate or Sell? Consider renovating. Before you begin, be sure to: Create a renovation budget and determine how you’ll finance the project. Assemble your renovation team.

Renovations 36

Renovations Home Improvement Inspection Real Estate 36

Appraisal Hub

MAY 5, 2024

By providing pertinent information about the property upfront, such as recent renovations or unique features, agents can help appraisers gain a comprehensive understanding of the home’s value. Preparing for the Appraisal Inspection: Preparing a property for appraisal inspection is an integral part of the process.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Appraisal Process 78

Realvals

JUNE 18, 2023

Investment Analysis Whether you are a single-family, multi-family, or even commercial investor, you could benefit from an appraisal. Knowing your property’s value may also help you evaluate the return on investment (ROI) of any improvements. While not completely necessary, it can help you in a one valuable way.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

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.

Renovations 78

Renovations Appraisal Real Estate Agent Buyers 78

Birmingham Appraisal

NOVEMBER 20, 2024

Myth #5: Cost does not always equal value A myth that seems to get a lot of homeowners in trouble is believing that they will get a 100% return on the cost of their home improvement investment. Myth #8: Appraisals and home inspections are the same I get calls quite often from people who need a home inspection.

Real Estate 87

Real Estate Appraisal Inspection Contracts 87

McKissock

JULY 19, 2022

In terms of real estate, the internet has made it easier for affluent buyers to invest in real estate overseas. Looks can be deceiving, so be sure to ask for the paperwork showing that routine inspections have been performed. Overselling a recently renovated area of the house. An unwillingness to provide routine paperwork.

Real Estate 98

Real Estate Real Estate Agent Sellers Agents 98

Realtor

FEBRUARY 11, 2021

Closing costs are used to pay for items such as appraisals, inspections, and much more. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership. How important is the freedom to renovate? Hammond , a Chase private-client home lending adviser.

Property Taxes 78

Property Taxes Inspection Landlords Renovations 78

Birmingham Appraisal

FEBRUARY 28, 2023

Mistakes To Avoid 1) Failing to Prepare the Property One of the most common mistakes that sellers make is failing to prepare the property for the appraisal inspection. Sellers should be transparent about any issues with the property, such as previous damage, repairs, or renovations.

Sellers 85

Sellers Real Estate Appraisal Appraisal Process 85

PennyMac

DECEMBER 22, 2020

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. Whether you’re buying the home to live in or as an investment, these 10 steps should help set you up for success with bank-owned properties.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Realtor

MAY 10, 2018

“That’s why it’s usually best to sell the property and use those funds to purchase individual investments or simply keep the profits,” says Mazek. “When only a top-to-bottom renovation makes sense, as is is the better option,” says Ailion. . What to do if one sibling refuses to sell.

Real Estate Agent 85

Real Estate Agent Renovations Real Estate Agents 85

East Coast Appraisal

AUGUST 11, 2022

Home Appraisal Is the Same As a Home Inspection. Indeed, a home appraisal and inspection have some similarities. However, some key differences exist between home appraisals and inspections. Home Appraisal Value Matches the Costs of Renovations and Repair. Instead, the experts provide an opinion of the value of a property.

Real Estate 52

Real Estate Appraisal Renovations Market Value 52

DW Slater Company

FEBRUARY 24, 2022

Some of the current new tools and technology that I am aware of that assist with Desktops and Hybrids are: RemoteVal- This tool is a free app from Incenter that allows the appraiser and homeowner to inspect, view, measure, and take pictures of a property remotely. InsideMaps – A tool that provides mapping, sketches, and tours of homes.

Inspection 78

Inspection Tools Appraisal Technology 78

GoForrmz

DECEMBER 5, 2024

AR takes this a step further by enabling clients to visualize renovations or furniture placement within a property. Digital Forms: Streamlining Documentation Managing real estate transactions involves a significant amount of paperwork, from rental agreements to inspection forms and purchase contracts.

Real Estate 78

Real Estate Property Management Tools Clients 78