Housing Wire

SEPTEMBER 19, 2023

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? The appraiser inspects the property An appraiser visits the property and conducts a visual inspection of the home’s condition. At this point, an estimated market value is generated. Not necessarily.

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Real Estate Appraisal Agents Inspection 476

Chicagoland Appraisal Blog

MARCH 9, 2024

Sometimes consumers equate the appraisal inspection as a professional home inspection. Home Inspection A licensed home inspector performs a home inspection. Home inspections, which typically span hours, encompass various elements including electrical systems, plumbing, HVAC, roofing, and structural components.

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Inspection Appraisal Real Estate Property Appraisal 136

Housing Wire

OCTOBER 10, 2023

We’ve all witnessed the housing market slowdown that has occurred over the last year. Across the country, homes are spending more days on the market as interest rates rise. The “same old listing presentation” and tired marketing tactics aren’t cutting it for agents looking to win listings in today’s competitive and tight market.

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Home Improvement Real Estate Agent Sellers Real Estate 482

Housing Wire

JUNE 21, 2022

housing stock; yet, they bring some unique characteristics to the market. Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. The same holds true for the investors that are renovating homes and reselling them.

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Investors Renovations Inspection Government 435

Housing Wire

JUNE 10, 2021

Home improvements and renovations are also important to buyers. A seller concession could include putting money towards the inspection costs, appraisal fees, taxes or another expense. After all, curb appeal is just as attractive to potential buyers as the indoor layout. Naturally, the price a buyer will ask a seller to pay will vary.

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Sellers Real Estate Agent Real Estate Decorating 546

Housing Wire

APRIL 27, 2023

Another larger player in the space, Progress Residential , recently postponed a securitization transaction due to difficult market conditions. And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal.

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Appraisal Buzz

OCTOBER 14, 2024

However, manual reviews of appraisals, property condition, renovation estimates, and more do not scale efficiently. Today, new technology can assist appraisers, AMCs and lenders with visual inspection, analysis, and intelligence to validate information, detect issues, and derive data-backed insights on every loan.

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Valuation Renovations Technology Appraisal 368

Raleigh Realty

FEBRUARY 2, 2022

Negotiating Repairs After a Home Inspection What fixes are mandatory after a home inspection? One of those steps is the home inspection and with the home inspection, major issues can arise. A home inspection provides the buyer with a detailed report of the home’s structure, plumbing, electrical, foundation, roof, etc.

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Housing Wire

MAY 12, 2021

When my wife and I were in the market to buy a house, we got frustrated working with a broker and decided to build one ourselves. Built Technologies in Nashville is one company that has created a suite of software to simplify loans, draws, and inspections for lenders and contractors. Harder than it has to be. Creating transparency.

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Construction Logistics Technology Real Estate 482

Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1. Plumbing 3.

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Inspection Sellers Real Estate Agent Buyers 148

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.

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Renovations Appraisal Home Improvement Buyers 308

Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” Appraisals outline the housing trends for particular markets. AVMs do not account for upgrades or renovations.

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Appraisal Process Appraisal Valuation Renovations 397

Appraisal Partners Blog

MARCH 12, 2025

FHA appraisals have two main objectives: Determine Market Value: Like all appraisals, the FHA appraisal determines the fair market value of the property. Property Inspection: The appraiser conducts a thorough inspection of the property, focusing on both market value and FHA minimum property standards.

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Appraisal Inspection Market Value Sellers 78

Appraisal Buzz

JUNE 3, 2024

The market backdrop It’s a hard time out there for real estate. That has resulted in credit standards tightening and fewer transactions happening in the market (according to CBRE, commercial real estate volumes were down 54% through Q3 2023 ). When this happens at a large scale across the market, it is called deleveraging.

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Investors Marketing Renovations Real Estate 195

Appraisal Buzz

JUNE 25, 2024

Angi research found that first-time home buyers—who make up a staggering 68% of the market as opposed to the 54% of seasoned homeowners—are much more likely to attend home inspections prior to purchasing their property.

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Home Improvement Buyers Renovations Inspection 370

D Fritz Appraisals

JANUARY 29, 2025

These two commonly misunderstood yet crucial home evaluation tools, help to navigate the complexities of the real estate market in British Columbia. Key Takeaways BC Assessment provides annual property valuations for tax purposes, while home appraisals offer detailed market value assessments for real estate transactions.

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Appraisal Valuation Property Taxes Inspection 78

McKissock

AUGUST 10, 2021

Appraising a luxury home can be stressful, so preparation is important before commencing with a luxury home inspection. In this post, we provide valuable tips for preparing to inspect a luxury home, including some key questions to ask of the homeowner, agent, or builder about upgrades and amenities. Research the subject property.

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Inspection Valuation Renovations Appraisal 104

Appraisal Partners Blog

JANUARY 20, 2025

Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. Unlike a home inspection, which assesses the physical condition of a property, an appraisal focuses solely on determining its fair market worth. They will be aware of any deficiencies.

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Appraisal Inspection Valuation Appraisal Process 78

Birmingham Appraisal

DECEMBER 17, 2024

We discussed numerous topics including the key differences between appraisals and comparative market analyses (CMAs), what factors influence property value, and how renovations can impact your home’s worth, among other things. Include both minor updates and major renovations to ensure the appraiser accounts for all improvements.

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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. You’ll want to include the list price, sale price, and days on market. Many of us are in sellers’ markets with very low inventory.

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Real Estate Open Houses Brokerage Real Estate Agent 466

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. What’s the state of your local market?

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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? Are you comfortable with some market volatility?

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Property Taxes Inspection Landlords Renovations 218

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. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. No repairs, no costs.

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Renovations Buyers Appraisal Investing 221

Housing Wire

JUNE 7, 2024

You can meet new people anywhere, and you never know who’s thinking about putting their house on the market. You can send a handwritten note, a mailer with market data and a call to action, or even show up on their doorstep. Agents who are comfortable with rejection and confident in their marketing and pricing skills.

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Real Estate Open Houses Agents Sellers 468

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value. Is there merit to these claims?

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Market Value Appraisal Agents Real Estate Agent 354

GoForrmz

DECEMBER 5, 2024

How tech solutions are transforming the 2025 real estate landscape The real estate industry is evolving rapidly, and with 2025 on the horizon, the technological advancements, and general market, show no signs of slowing down. AR takes this a step further by enabling clients to visualize renovations or furniture placement within a property.

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Real Estate Property Management Tools Clients 78

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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Inspection Appraisal Transportation Renovations 257

Appraisal Buzz

JUNE 6, 2022

As appraisers, when we think of improving our skills and appraisal services, we often think about upping our game on market analysis, improving our report layouts, or venturing into a new property type. How many times have you had a client try to move the goalpost on you? “Oh

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The Robert Weiler Company

JUNE 17, 2022

An investment in this market can provide reliable cash flow, steady appreciation, lower maintenance and management efforts per unit, and diversification of an investor’s portfolio. The latter can be a lot cheaper but the amount of renovations required might end up costing you more in the long-run. Apartmentbuildings.com.

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Property Management Renovations Real Estate Investing 147

Appraisal Today

NOVEMBER 1, 2024

A well-appointed kitchen can significantly enhance a property’s appeal and marketability. Let’s dive into appraising kitchens and how the room impacts market value. Remember, ultimately a kitchen’s value lies in its ability to enhance the overall appeal and functionality of the home, not its initial cost or the cost of renovation.

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Appraisal Training Contracts Mortgage 91

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property. Renovation loan assessments.

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Appraisal Inspection Property Taxes Easement 110

The Robert Weiler Company

JULY 18, 2021

Here is our take on what commercial real estate investing beginners should consider before their first foray into the market: Ken Roberts, Owner of M&K Roberts Properties LLC : Do your homework. Market data is also more accessible than ever, thanks to the Internet. How far are you willing to travel to inspect it?

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Real Estate Investing Investors Renovations 148

Chicagoland Appraisal Blog

MAY 13, 2021

Real estate professionals or other appraisal experts can help you determine the market value of your home. Home values are, unfortunately, subject to the ups and downs of the real estate market. During buyer’s markets, sellers might find it difficult to sell an outdated home or to achieve their asking price.

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Appraisal Renovations Home Value Real Estate 88

D Fritz Appraisals

MAY 13, 2024

7 Steps to Ensure Your Home Sale Goes Smoothly The real estate market in British Columbia is dynamic and diverse, with bustling urban centers like Vancouver and Victoria alongside picturesque rural communities. Addressing leaky faucets, peeling paint, or outdated fixtures can significantly affect how potential buyers perceive the home.

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Real Estate Buyers Sellers Appraisal 122

Zillow

JANUARY 30, 2017

Even in more competitive real estate markets, negotiations still happen once in escrow. Issues typically arise after the home inspection, and those issues tend to result in another round of negotiations for credits or fixes. Here are three buyer tips for negotiating repairs after a home inspection.

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Inspection Renovations Contracts Sellers 36

D Fritz Appraisals

MARCH 16, 2021

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. Thinking back to when you first listed your home, you likely cleaned it top to bottom and got it looking as good as new for the marketing materials. Home inspection reports (current and previous).

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Appraisal HOA Easement Valuation 132

Appraisal Hub

JANUARY 24, 2022

How is it that a costly renovation ended up adding very little value to your home? As a homeowner, it’s your right to request your lender for a qualified appraiser with the knowledge of the type of property you own and the current market situation. Work with the appraiser during an inspection. How is it done?

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