Housing Wire

FEBRUARY 26, 2024

In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs. As a result, new condo listings are flooding the market in Florida as sellers try to unload their properties at a discount.

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HOA Law Insurance New Listings 501

Raleigh Realty

FEBRUARY 2, 2022

Negotiating Repairs After a Home Inspection What fixes are mandatory after a home inspection? Is the seller not willing to negotiate repairs? One of those steps is the home inspection and with the home inspection, major issues can arise. As a buyer, always try to come to the seller from a kind, courteous place.

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Inspection Sellers Buyers Realtors 158

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.

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Inspection Sellers Real Estate Agent Buyers 148

Appraisal Partners Blog

MARCH 12, 2025

Property Inspection: The appraiser conducts a thorough inspection of the property, focusing on both market value and FHA minimum property standards. The seller is typically responsible for these repairs, although this can be negotiated. The FHA Appraisal Process Loan Application: The borrower applies for an FHA loan.

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Appraisal Inspection Market Value Sellers 78

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. Many nosy neighbors end up turning into sellers, and hosting open houses is a fantastic opportunity to showcase your marketing skills.

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Real Estate Open Houses Agents Sellers 468

Housing Wire

OCTOBER 10, 2023

Like you, as a real estate agent, I have prepared many reports analyzing pricing trends to help provide guidance to buyers, sellers and investors alike. Sellers would be able to carefully review comparable properties on the market as well as those that have successfully closed. They are more appropriate for an appraisal.

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Marketing Real Estate Agent Clients Tools 435

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.

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Renovations Investing Real Estate Marketing 370

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. We negotiated to get the sellers the highest price possible. Many of us are in sellers’ markets with very low inventory.

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Real Estate Open Houses Brokerage Real Estate Agent 447

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. For sellers, an appraisal helps establish a realistic asking price based on market conditions. On-Site Inspection: This is where the appraiser physically examines the property.

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Appraisal Inspection Valuation Appraisal Process 78

Birmingham Appraisal

DECEMBER 17, 2024

Whether youre representing a seller or assisting a buyer, the more accurate and complete the information you provide, the smoother the process will be. Tip for Agents: If a survey isnt readily available, check with the seller or their title company. Always confirm that the survey reflects the propertys current configuration.

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Appraisal Easement Real Estate Agent Valuation 75

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

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.

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Renovations Buyers Decorating Investing 78

Appraisal Buzz

JUNE 3, 2024

This is a reality that many sellers are unwilling to accept unless they are forced to. 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. These sponsors may skip steps and cover up shoddy work.

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Investors Marketing Renovations Real Estate 195

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. In this blog post, I will discuss some of the most common mistakes sellers should avoid during a real estate appraisal.

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Sellers Real Estate Appraisal Appraisal Process 87

The Robert Weiler Company

JUNE 17, 2022

The latter can be a lot cheaper but the amount of renovations required might end up costing you more in the long-run. Perform your own initial inspection on the apartment building and surrounding property. Get a professional inspection and commercial appraisal of the apartment building before making a final decision.

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Property Management Renovations Real Estate Investing 147

Cleveland Appraisal Blog

APRIL 21, 2022

Sellers want to capitalize on how much they can sell their homes for. What if the neighbor’s home in poor condition, was purchased and then renovated? They take a lot of work after the inspection is completed. Is there some characteristic of the property that is creating damage to the properties next to it? Probably not.

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Market Value Appraisal Agents Real Estate Agent 350

Listing Spark

JANUARY 5, 2025

Selling a house as-is in Texas means the buyer agrees to buy the home in its current condition, and the seller opts to sell as is without making any repairs. Which is why many sellers try to sell their home as-is and avoid the hassle of repairs and improvements. The idea of an as-is sale can appeal to sellers for a lot of reasons.

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Inspection Sellers Real Estate Agent Contracts 36

D Fritz Appraisals

MAY 13, 2024

The initial phase involves conducting a thorough inspection to identify any necessary repairs or improvements that could increase the property’s value and attractiveness. Additionally, it is important to ensure that all systems, including heating, plumbing, and electrical systems, are in working order to pass home inspections.

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Real Estate Buyers Sellers Appraisal 122

Zillow

JANUARY 30, 2017

Most would-be buyers and sellers believe the real estate "deal" is done at the signing of the contract. 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

McKissock

JANUARY 31, 2023

” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” Was the seller highly motivated? ” CE course: Residential Property Measurement and ANSI Z765 How renovations and upgrades affect value “Adjustments before and after remodeling.”

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Real Estate Agent Real Estate Agents Appraisal 97

Glascock Company

DECEMBER 11, 2020

While there are plenty of benefits to both, there is one alternative that could flip the sale faster and without much stress on you as the seller. Auctions are one of the most expedient ways to sell real estate (both commercial and residential) while still allowing the seller to maintain total control over the transaction.

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Sellers Inspection Real Estate Buyers 78

Chicagoland Appraisal Blog

MAY 13, 2021

When the housing marketplace favors sellers, home values run high. During buyer’s markets, sellers might find it difficult to sell an outdated home or to achieve their asking price. To begin the process of having your home appraised, you’ll need to select an appraiser and schedule their inspection. The Value of a Home Appraisal.

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Appraisal Renovations Home Value Real Estate 88

McKissock

JULY 19, 2022

Red Flags: The seller demands payment upfront. Sellers are often on a time crunch to get properties locked into a contract, which leaves little time to properly deal with the unexpected. While many sellers are respected professionals and would fully fix the issue before listing, it doesn’t hurt to do your research as a buyer.

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Real Estate Real Estate Agent Sellers Agents 98

Lamacchia Realty

AUGUST 4, 2021

Photo by stux–12364 There are many real estate myths out there, from commissions to renovations. A home passes or fails inspection This isn’t like an exam in high school where you either pass or fail. The point of an inspection is to assess the condition of the home, the good and the bad.

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Real Estate Renovations Agents Inspection 69

Lamacchia Realty

JUNE 8, 2021

A home inspection is a part of the selling process, but you can get your own inspection prior to listing. A serious buyer will have to have their own home inspection done and they can get an estimate for repairs from that too. Our team can help both buyers and sellers to ensure they’re getting the best deal. Read More ».

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Real Estate Agent Inspection Realty Legal 69

Birmingham Appraisal

JUNE 21, 2023

Condition: The overall condition of a property, including its structural integrity, maintenance, and any necessary repairs or renovations, affects its appraisal value. Importance of Accurate Pricing Accurate pricing is vital for both sellers and buyers. Here are some valuable insights and tips: 1.

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Real Estate Agent Real Estate Agents Appraisal 84

Genworth MI Blog

FEBRUARY 29, 2024

This should include photos of any recent updates/renovations that were used as adjustments and applied to the sales where the sales comparison approach is presented as support for the opinion of value. Property conditions that impact subject livability, soundness, and/or structural integrity may cause such further inspection/repairs.

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Appraisal Inspection Training Real Estate 88

Appraisal Partners Blog

FEBRUARY 9, 2025

It’s conducted by a licensed or certified appraiser who is independent of the buyer, seller, and lender. For Sellers: An appraisal can help sellers set a realistic asking price, attracting potential buyers and avoiding overpricing, which can lead to a prolonged time on the market. Why are Appraisals Important?

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Appraisal Property Taxes Inspection Sellers 78

Movoto

JANUARY 27, 2022

A gut renovation is a great way to get exactly what you want when you buy a home. Here are some curveballs to expect when you do a gut renovation. . With a realistic budget, preparation, and a lot of patience, a gut renovation will be worth it when you get your custom home designed specifically for you. Inspections.

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Renovations Inspection Construction Logistics 36

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. Your offer will only become legally binding if the seller signs it.

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Real Estate Agent Sellers Inspection Real Estate 69

Birmingham Appraisal

NOVEMBER 20, 2024

This is also something that the appraiser must consider because it reflects the back-and-forth negotiations between buyer and seller. Renovations, such as kitchen or bathroom updates, and hidden upgrades, like high-end materials or bonus rooms, can significantly impact a home’s value. An appraisal addresses the value of a property.

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Real Estate Appraisal Inspection Contracts 91

East Coast Appraisal

AUGUST 11, 2022

Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. For the seller, a home appraisal ensures they price their property correctly. Home Appraisal Is the Same As a Home Inspection.

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Real Estate Appraisal Renovations Market Value 52

Birmingham Appraisal

AUGUST 23, 2023

The agent’s client (buyer or seller) can make an informed buying or selling decision and the appraiser’s client (bank) can make an informed lending decision. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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Agents Appraisal Valuation Appraisal Process 90

Movoto

SEPTEMBER 23, 2024

Seller concessions are a great negotiating point on both the buying and selling side of any home sale. They are exciting for buyers as they mean lower costs, while also helping out sellers who want to close quickly. But, what exactly are seller concessions and how can you make the most of them? What Are Seller Concessions?

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Sellers Buyers HOA Property Taxes 36

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. Make sure to consider the inspection process as you are making your offer. Step 7: Have the Property Inspected.

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Inspection Real Estate Agent Real Estate Agents 69

Realtor

MAY 10, 2018

Real estate agent and attorney Bruce Ailion with Re/Max Town and Country in Atlanta advises siblings to have a discussion to decide what condition to sell the house in— as is or renovated. “When only a top-to-bottom renovation makes sense, as is is the better option,” says Ailion. .

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Real Estate Agent Renovations Real Estate Agents 83

Realtor

MAY 10, 2018

Real estate agent and attorney Bruce Ailion with Re/Max Town and Country in Atlanta advises siblings to have a discussion to decide what condition to sell the house in— as is or renovated. “When only a top-to-bottom renovation makes sense, as is is the better option,” says Ailion. .

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Real Estate Agent Renovations Real Estate Agents 78