Housing Wire

OCTOBER 24, 2024

Helping the seller understand the true market value of the home given the condition can also be a challenge. After-repair value is the estimated market value of a property in fully repaired condition. That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan.

Retail 442

Retail Buyers Renovations Finance 442

Appraisal Hub

OCTOBER 16, 2024

Understanding the true value of your property can make all the difference when it’s time to sell, buy, or invest. A property appraisal is a detailed evaluation of your home’s market value conducted by professional appraisers. A property appraisal gives you the insights needed to make informed and profitable decisions.

Property Appraisal 78

Property Appraisal Appraisal Renovations Market Value 78

Housing Wire

FEBRUARY 21, 2023

Kearney’s simple strategy for surviving as a high-volume seller in an environment where demand has dried up: listen to the market and do what it says. “As By comparison, the retail REO sales sold for 73% of estimated “after-repair” market value. There’s no good news around the corner.

Housing Market 386

Housing Market Marketing Renovations Retail 386

Housing Wire

MAY 21, 2024

In a supply-constrained housing market , even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. The after-repair value is the estimated market value of a property in fully repaired condition.

Marketing 469

Marketing Investors Real Estate Investing 469

AmeriMac

JUNE 15, 2024

Key Highlights Real estate investment properties require accurate appraisals to determine their market value and potential return on investment. Appraisals determine the market value of rental properties using various valuation methods, and multiple factors influence the final appraisal value.

Property Appraisal 36

Property Appraisal Investing Appraisal Property Taxes 36

McKissock

OCTOBER 3, 2021

As part of our contributor series, Daniela Andreevska , content marketing director at Mashvisor , talks about investment property strategies. Mashvisor provides a real estate analytics tool that helps real estate investors quickly find traditional and Airbnb investment properties. .

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

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

Housing Wire

JULY 21, 2022

This data shows early signs of a slowdown in the retail housing market in June that was anticipated by real estate investors buying properties at foreclosure auction in March. The as-is market value is typically based on a drive-by broker price opinion or external-only appraisal given the properties are usually still occupied.

Housing Market 427

Housing Market Buyers Marketing Retail 427

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. " Making your property look as modern as possible can potentially help attract more potential buyers and increase your home’s value. If they’re in high demand, renovations might be unnecessary.

Renovations 68

Renovations Real Estate Agent Investing Buyers 68

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Birmingham Appraisal

MAY 21, 2024

Whether you’re a first-time homebuyer or have years of experience in buying and selling houses, knowing what to look for can significantly influence your decision-making process and potential returns on your investment. Evaluating home value is essential in this regard.

Home Value 74

Home Value Architecture Renovations Real Estate 74

Housing Wire

MAY 18, 2022

Also, an independent appraisal during the loan process locks in the property’s market value at the time the reverse mortgage loan is funded. HW: How can a reverse mortgage allow older Americans to take advantage of their existing equity without selling at a loss?

Mortgage 418

Mortgage Clients Insurance Tools 418

Eppraisal

NOVEMBER 19, 2024

As sustainability becomes a focal point in home design and renovation, homeowners are increasingly investing in green upgrades. These enhancements not only benefit the environment but also offer financial savings and improve property value. Look for windows with double or triple glazing and Low-E coatings for maximum efficiency.

Investing 36

Investing Technology Renovations Modernization 36

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It’s imperative that agents invest their time to properly prepare comps! Pro Tip: You don’t need to include all the property details in your Comparative Market Analysis.

Marketing 423

Marketing Real Estate Agent Clients Tools 423

Simonson Real Estate

JULY 10, 2020

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. Value Scenarios. What is Market Value As Is and When is it Used? Prospective Values.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Realvals

JUNE 18, 2023

An appraisal will provide you with the current market value of your real estate. In some cases, if you and your spouse cannot reach an agreement on the value of your shared property, a court may require a professional appraisal. You’ll learn the current market value, and even valuable income info if requested.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Cleveland Appraisal Blog

DECEMBER 10, 2022

What people rarely talk about are things that can decrease property value. Always keep in mind that your Ohio home is one of the biggest investments you’ll ever make. That’s why we’ve consulted an expert in home appraisals and here are the top features that negatively affect the value of your home.

Appraisal 297

Appraisal Buyers Renovations Investing 297

Housing Wire

AUGUST 15, 2022

HELOCs also are popular because the interest on the loans is tax deductible if the funds are used for approved home renovations. Among the nonbanks that either have or plan to introduce HELOC loan products are Rocket Mortgage , Guaranteed Rate , loanDepot and New Residential Investment Corp. recently rebranded as Rithm Capital ).

Lending 458

Lending Home Value Mortgage Renovations 458

PennyMac

JANUARY 2, 2024

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely.

Home Improvement 36

Home Improvement Renovations Inspection Investing 36

East Coast Appraisal

AUGUST 11, 2022

Home Appraisal Value Is the Same as Market Value. The appraised value of a property is different from the market value. The market value is what a buyer is willing to pay and what a seller is willing to accept for a property. Indeed, the appraised value can determine the market value.

Real Estate 52

Real Estate Appraisal Renovations Market Value 52

Appraisal Hub

MAY 5, 2024

We are tasked with determining the fair market value of a property based on various factors such as location, condition, and comparable sales. Furthermore, providing a list of recent upgrades and improvements can demonstrate the property’s investment potential, ultimately impacting its appraised value.

Real Estate Agent 78

Real Estate Agent Real Estate Agents 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. A home appraisal is an unbiased opinion of a home or property’s value. What’s in a Home’s Value? The Value of a Home Appraisal. Home addition.

Appraisal 88

Appraisal Renovations Home Value Real Estate 88

Lamacchia Realty

APRIL 17, 2024

If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. While some sellers may renovate a bathroom or do small improvements to make the home feel new , don’t overlook the power of a fresh hardwood floor. Investing in hardwood represents a commitment to long-term appeal.

Home Value 74

Home Value Buyers Realtors Realty 74

Birmingham Appraisal

JUNE 11, 2024

Example Benefits: A homeowner in Birmingham decided to get a marketing appraisal before listing her house. The owner had recently made some updates and renovations and wanted to make sure they got all of their money back from the investment. Cost does not always equal value.

Appraisal 87

Appraisal Property Taxes Valuation Real Estate 87

Zillow

JULY 11, 2019

There are certain things you can do as a real estate investor to help manage your tax bill and maximize your after-tax return on investment. To do so, however, you need to understand the primary ways in which investment real estate portfolios get taxed. You can't deduct capital investments like new buildings, additions or renovations.

Investing 43

Investing Bracketing Property Taxes Real Estate 43

Lamacchia Realty

AUGUST 12, 2021

Fixer-uppers tend to be popular among real estate investors as well as first-time homebuyers as they present an opportunity to buy below market value. By making updates, the buyer is able to meet or exceed current market standards and build equity in their property faster. How Much Time Do They Take to Renovate?

Renovations 69

Renovations Finance Inspection Buyers 69

Birmingham Appraisal

NOVEMBER 20, 2024

The bottom line is that if the contract price is in close alignment with the other approaches to value, especially the sales comparison approach, then this provides validation that it is a reliable indicator of market value for the property so the appraiser will reconcile the appraisal at the contract price.

Real Estate 73

Real Estate Appraisal Inspection Contracts 73

McKissock

OCTOBER 12, 2021

At some point it’s no longer “normal market value minus cost to cure equals as-is value.” So is the right price to pay $150,000 (market value after renovations) – $90,000 (estimated cost to cure) = $60,000? I’m always looking to invest in rental houses. Who might buy it?

Appraisal 84

Appraisal Market Value Investors Buyers 84

Berkshire Hathaway

AUGUST 30, 2022

Should the investment property be in a busy city or an up and coming neighborhood? Are you looking for a move-in ready rental property or are you willing to consider a home that requires renovations? You should also consider the financing options available for your investment property. Assess the Seller’s Motivation.

Buyers 49

Buyers Legal Fees Real Estate Renovations 49

East Coast Appraisal

MARCH 16, 2023

A home appraisal is one of the best ways to determine a property's market value. A higher appraisal value means you can sell your home for a higher price, which can result in a larger profit for you as the seller. Contemporary homeowners like these features, which might help raise your home's value.

Appraisal 52

Appraisal Renovations Home Value Inspection 52

Eppraisal

SEPTEMBER 3, 2024

While it's tempting to focus solely on enjoying the extra cash flow, it's important to remember that your home still requires attention and investment. Prioritizing maintenance, upkeep, and remodeling is key to preserving and enhancing your home’s value long after the mortgage is gone.

Mortgage 36

Mortgage Inspection Renovations Modernization 36

Lamacchia Realty

DECEMBER 3, 2021

The fact is, if the list price for a home isn’t based on the current market value of the home, it will sit on the market for a long time. Buyers will look at how long the home has been on the market and why it hasn’t sold yet, resulting in no showings. Myth #2: A Home’s Assessed Value is the Same as the Market Value.

Market Value 69

Market Value Sellers Property Taxes Investing 69

Birmingham Appraisal

SEPTEMBER 3, 2024

Agents, eager to please their clients or secure a listing, may set the asking price too high, reflecting the seller’s emotional attachment rather than the property’s true market value. Why It’s a Problem: Overpricing can lead to the home sitting on the market for too long, becoming what we call a “ stale listing.”

Appraisal 52

Appraisal Sellers Real Estate Market Value 52

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

PennyMac

NOVEMBER 27, 2023

Equity is the difference between the market value of your home and the amount you owe on your mortgage. Once you've accumulated enough home equity, you can tap into it for various needs like home renovations, debt consolidation or other expenses. Any increase in market value also contributes to an increase in your home equity.

Market Value 36

Market Value Tenants Renovations Insurance 36

The Robert Weiler Company

SEPTEMBER 16, 2021

Second, the motivation to look at the value of a property will be for entirely different purposes. The client could be an individual or company looking to invest in real estate. Explanation of potential risks you may face or negative aspects that may impact the market value of the commercial property.

Real Estate 147

Real Estate Appraisal Property Appraisal Valuation 147

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

If you are looking to make major renovations, subdivide a large parcel of property into smaller multiple parcels or construct an addition to your home, it is strongly advised to consult a real estate appraiser to help you in determining how to maximize the value versus the cost.

Appraisal 50

Appraisal Renovations Real Estate Valuation 50